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AN EXPLORATION OF ARCHITECTURAL INNOVATION IN PROFESSIONAL SERVICE FIRMS

[document] Submitted on 4 September, 2019 - 11:25
Keywords AN EXPLORATION OF ARCHITECTURAL INNOVATION IN PROFESSIONAL SERVICE FIRMS
Standards groups

Components in professional service firms are the expertise areas in which the
firms have developed proficiency or those in which they plan to develop it.
Competitive advantage in professional service firms is related to the capacity of
the firm to add continuing value to a dynamic set of clients and to itself.
In order to add value, professional service firms, being knowledge intensive, must develop capabilities that enhance the knowledge capital they possess, which is valuable to both its clients and to the professionals they employ. This knowledge capital can be classified into Human Knowledge, Relational Knowledge and Structural Knowledge.

The first two types are comprised mainly of tacit knowledge, while the third one consists of explicit knowledge. Architectural innovation modes result from the reconfiguration of these knowledge types in ways that enhance the value creation processes of professional service firms. This work explores the ways professional services firms achieve these reconfigurations and offers insights into the key characteristics of successful practices.

Metadata
Date published
2007-05
Document type
technical white paper
Pages
64
Replaced/Superseded by document(s)
Cancelled by
Amended by
File MIME type Size (KB) Language Download
TH_Espinosa_F_052007.pdf application/pdf   342.83 KB English DOWNLOAD!
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Organisation(s)
Publisher
Author(s)
Fernando Espinosa Vasconcelos
Defines standard
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