in 150 words or more Please answer the followinf question Me

in 150 words or more Please answer the followinf question: Mergers and acquisitions are a common business strategy employed to achieve organizational goals through diversification, increasing market share, accessing new technology, acquiring intellectual capital, and leveraging knowledge. What is the best strategy for ensuring the transfer and retention of knowledge during a merger or acquisition? Why?

Solution

Knowledge transfer (KT) in an M&A is a challenge and one of the larger practical problems which deal with transferring knowledge from one organization to another. KT aims to organize, create, capture or distribute knowledge and ensure its availability for new and future users. KT is not just a communication problem else a memorandum, an e-mail or a meeting would accomplish the knowledge transfer. Key is to appreciate that KT is more complex because knowledge resides in organizational members, tools, tasks, and their sub networks and much knowledge in organizations is tacit or hard to articulate.

“Transfer” in KT highlights the movement of knowledge and thus, it should be acknowledged as an incremental process.

Since two types of knowledge are widely recognized, explicit and tacit. explicit knowledge can take the form of data, manuals and so forth, which makes it easy to store and share. On the other hand, the tacit one is hard to formulate due to its personalized character. A mentorship and simulation based KT strategy should be implemented for high results and structured further to the following logical steps for success: