COMPETENCE NETWORK APPLICATION AND ORGANIZATIONAL PERFORMANCE OF MULTINATIONALS IN NIGERIA

Abstract

There is an anonymous saying that knowledge is power, however, the power actually lies in the  right application of a possessed knowledge. Therefore, one has to hoard it, keep it to oneself so as to be relevant and have advantage over others. Moreover, today, the understanding has changed considerably, particularly from the perspective of organizations, in the sense that within the organization knowledge must be shared in order for the organization to grow and have high performance (Uriarte, 2008). Uriarte (2008) observed that knowledge is the product of organization and systematic reasoning applied to data and information; it is the outcome of learning that provides the organization sustainable competitive advantage and high performance.