Knowledge generation to support innovation in an organization

Abstract

To create competitive advantages through strategic flexibility in to day's business environment is essential. Aspects of operations are supposed to work 24/7 and thus strategic flexibility alone is not enough to be successful. Efficiency and high productivity donot lead management to steer operations in easy and continous manners.Intense competition requires organizations to be highly capable to meet competition through innovation by entering new markets with new products that meet customer's needs. this will create a dilemma to organization by working in two opposite direction , I-e-stability and dynamic. these conflict requirements can be met by developing resources that yield high returns in future by generating knowledge motivated and driven by creative operation to supply high quality products and services. In this paper we shed some light on different aspects of knowledge generations and its relationship with Innovation in organization.