Experiential learning frameworks for development of dynamic capabilities in project-based technology firms

Shrihari S. Sohani and Manjari Singh ()

International Journal of Applied Management Science, 2016, vol. 8, issue 1, 52-67

Abstract: Project-based technology firms operating in a dynamic environment have to preserve their firm-specific advantage and also buffer against labour market shocks. Preservation and propagation of tacit knowledge that assists the firm in creating a non-replicable strategic advantage thus becomes vitally important. Due to the nature of tacit knowledge to not get codified, it is difficult for the firm to sustain advantage based on firm-specific tacit knowledge. Experiential learning-based frameworks can aid in resolving this issue. Such methodologies propagate tacit knowledge, shorten the lead time for execution of projects, reduces the time to market for innovative products and also protect against labour shortages by pursuing strategic staffing. In this paper, utilising a case study of a project, we suggest an experiential learning framework for facilitating the development of dynamic capabilities in project-based technology organisations. This framework will assist the firm in preserving tacit knowledge and develop manpower for future projects.

Keywords: experiential learning; job shadowing; tacit knowledge; dynamic capabilities; project-based firms; dynamic environment; technology firms; lead times; time to market; labour shortages; strategic staffing. (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=75459 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:injams:v:8:y:2016:i:1:p:52-67

Access Statistics for this article

More articles in International Journal of Applied Management Science from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().