What is Knowledge Exploitation

The aim of this chapter is to investigate the potential role of social software inside business settings in integrating knowledge exploitation and knowledge exploration strategies. These strategies are approached through the lens of dynamic capabilities, organisational learning and knowledge lifecycle models. The authors argue that while current enterprise Information Technology (IT) systems focus more on knowledge lifecycle processes concerning the distribution and application of knowledge, enterprise social software can support knowledge exploration strategies and leverage knowledge creation and validation procedures. We present secondary data from the utilisation of enterprise social computing tools inside two companies for that matter. The first case illustrates how social computing tools were deployed in an international bank, and the other presents the employment of these technologies in an international broadcasting company. The authors suggest that free-form and pre-defined structures can co-exist in bounded organisational environments, in which knowledge exploitation and knowledge exploration strategies can harmonically interact. This chapter concludes with some managerial implications and future research avenues.