Cultivating Communities of Practice: A Guide to Managing Knowledge

Front Cover
Today's economy is fueled by knowledge. Every leader knows this to be true, yet few have systematic methods for converting organizational knowledge into economic value. This book argues that communities of practice--groups of individuals formed around common interests and expertise--provide the ideal vehicle for driving knowledge-management strategies and building lasting competitive advantage. Written by leading experts in the field, Cultivating Communities of Practice is the first book to outline models and methods for systematically developing these essential groups. Through compelling research and company examples, including DaimlerChrysler, McKinsey & Company, Shell, and the World Bank, authors Etienne Wenger, Richard McDermott, and William M. Snyder show how world-class organizations have leveraged communities of practice to drive strategy, generate new business opportunities, solve problems, transfer best practices, develop employees' professional skills, and recruit and retain top talent. Underscoring the new central role communities of practice are playing in today's knowledge economy, Cultivating Communities of Practice is the definitive guide to fostering, designing, and developing these powerful groups within and across organizations.

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LibraryThing Review

User Review  - evolvemind - LibraryThing

The best and most practical volume on communities of practice (CoP), groups of people who share a passion for a topic or profession. In true CoPs, most learning is collaborative, among peers, rather ... Read full review

LibraryThing Review

User Review  - hennis - LibraryThing

A book that is very easily readable, and has a good structure. It gives an overview of CoP findings across different companies, and provides with some recommendations on how to sustain and "cultivate" communities of practice. Read full review

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