Communities of practice are defined as collections of individuals bound by formal relationships that share similar.
First, the term “community” highlights the personal basis upon which relationships are formed. Suggests that communities of practice are not constrained by typical geo-graphic, business unit or functional boundaries, but rather by common tasks, contexts and work interests.
Second, the word “practice” implies “knowledge in action.” The concept of “practice” as used here, is the representation of how individuals actually perform their jobs on a day-to-day basis, as opposed to more formal policies and procedures that reflect the way work should be performed.
- Develop and spread better practices faster.
- Connect “islands of knowledge” into self-organizing, knowledge sharing net-works of professional communities.
- Feeding and being fed by web-based repositories of both proven solutions and new approaches.
- Foster cross-functional and cross-divisional collaboration Increase members’ ability to initiate and contribute to projects across organizational boundaries.
- Organize work in ways that makes people grow and be happy.
- Accelerate business cycles.
- Learn faster than the competitor.