Question

Twice each year, a major car parts manufacturer brings together production and engineering specialists from its eight divisions to discuss ideas, solutions and concerns. This helps to minimize the 'silos of knowledge' problem that exists in many organizations. This practice is primarily an example of ________.

1) relationship capital
2) experimentation
3) knowledge sharing
4)ocumentation
5) organizational unlearning

Answer 1

The practice of a car parts manufacturer bringing together specialists from its divisions to exchange ideas exemplifies knowledge sharing, which helps overcome silos of knowledge and fosters innovation.

Step-by-step explanation:

When a major car parts manufacturer convenes production and engineering specialists from its divisions to exchange ideas and solve problems, it effectively addresses the 'silos of knowledge' issue. This practice is primarily an example of knowledge sharing. Through such collaboration, the organization harnesses human capital, encourages innovation, and ultimately boosts labor productivity by disseminating new ideas and methods. This inter-divisional collaboration allows the integration of technological advancements with physical capital, which leads to more effective use of the workforce's skills and expertise.