28.10.2016 Views

gender differential paper IJCRB

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

ijcrb.webs.com<br />

JUNE 2011<br />

INTERDISCIPLINARY JOURNAL OF CONTEMPORARY RESEARCH IN BUSINESS VOL 3, NO 2<br />

On the contrary, Spender (2008) argued that the future of both knowledge management and<br />

organizational learning is actually a return to a past when our theorizing was more robustly<br />

grounded in what we now choose to ignore, managers’ experiences and morally burdened<br />

practices as they apply their imagination to creating organizations.<br />

Spender (2008) appealed to the basic formulation of individual capacities as a mean to build a<br />

foundation for strategic planning. Spender (2008) further argued that these capacities are the<br />

massively important engines of our society and economy, and that indeed there are no more<br />

important human artifacts, for our ability to organize absolutely delimits our ability to shape the<br />

human condition. Malhotra (1998) also agreed that inflexible organizational structures could not<br />

cope when the ground is shifting as rapidly as it does in today’s markets. He suggested that as<br />

part of the reinvention process that any organization must fulfill to maintain itself competitive,<br />

managing tangible and intangible assets are crucial to succeed. Any business living system needs<br />

to new itself in order to continually exist. Part of that renewal process comes from investments in<br />

tangible and intangible assets. These two types of assets have the ability to create value.<br />

Allee (2003) and McElroy (2003) argued that the new foundation of the new knowledge<br />

economy is its people and their intelligences. They also highlighted the importance of<br />

technology to connect people and processes. Similarly, Cross and Parker (2004) defined this<br />

connectivity process as a social network, which will be the centre of execution strategy and<br />

performance and can have a substantial impact on performance, learning and innovation. This<br />

social web will keep the knowledge flow and will hold the organization together. Mendelson &<br />

Ziegler (1999) developed the Organizational IQ model. This model measures a company’s<br />

ability to quickly process information and make effective decisions. It provides strong results<br />

that have both economically and statistically significance, providing confidence on the<br />

development of the organizational IQ concept.<br />

Matheson and Matheson’s (1998) nine-principle model correlates IQ with performance, with<br />

smarter organizations significantly getting a high IQ score. These organizations not only perform<br />

better but more consistently. Organizations in which the principles are strongly rooted are better<br />

able to adopt decision-making best practices and to achieve superior results. The model fits very<br />

well with the purpose of this research as it allows the researcher to examine the processes<br />

through which Hispanic entrepreneurs make strategic decisions and make them as effective as<br />

their operational process.<br />

Literature review<br />

In order to develop competencies, business owners must adopt cognitive development practices<br />

to survive in a dynamic economy. According to (Kull, 2000), organizational intelligence (OI)<br />

represents an intuitive understanding that links knowledge management with performance<br />

measurement. He characterized organizational intelligence as an organization’s cognitive<br />

capacity to leverage knowledge and employ reasoning to meet its perceived challenges. Glynn<br />

(1996) distinguished OI as an organizational capability to process, interpret, encode, manipulate<br />

and access information in a purposeful, goal-directed manner so it can increase its adaptive<br />

potential in the environment in which it operates. Organizational intelligence, then, is the ability<br />

to allow organizations to grow, survive, and prosper. This ability requires a proper organizational<br />

structuring and functioning, and the management of human resources, technology, knowledge,<br />

and organizational learning. According to Liebowitz (2000), an important part of organizational<br />

intelligence is the renewal process in fostering organizational learning within the entity. The<br />

ability to transform individual learning into organizational learning is a challenge in the<br />

organization. Recognizing and addressing all the processed involved in knowledge management<br />

COPY RIGHT © 2011 Institute of Interdisciplinary Business Research 1233

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!