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Tacit knowledge also is misunderstood, hard to change, and difficult to communicate. Tacit knowledge becomes customs and is hard to change because individuals are not easy to let go of traditions. There has been dramatic change in marketplace and the workforce. Employees need to be aware that they are effectively utilizing their skills in the workplace. At the same time, businesses are faced with more competition than ever before, both in the marketplace and in their efforts to attract and retain a high performing workforce. The dramatic shift in demographics that the marketplace has had will also have a tremendous impact on the workplace.Knowledge plays a key role in the information revolution.
Approximate Word count = 365
Approximate Pages = 1.5
(250 words per page double spaced)
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