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Lesser, E. L. & Prusak, L. (2000). Communities of practice, social capital and organizational knowledge. In E.L. Lesser, M.A. Fontaine & J.A. Slusher, _Knowledge and communities_ (p. 123-131). Boston: Butterworth Heinemann. Communities of practice are collections of individuals who associate to more effectively face similar issues. In the workplace these are often informal clusters of workers who share organizational knowledge (both formal descriptive knowledge of how things should be done as well as representations of practice: how things _are_ done) that allows them to get their work done. Lesser and Prusak distinguish their discussion by placing communities of practice within the context of a larger economic and sociological principle: social capital. Social capital is defined as "the sum of the actual and potential resources embedded within, available through, and derived from the network of [inter-personal] relationships possessed by an individual or social unit." From an economic standpoint social capital is the intangible currency by which members of a community of practice share and gain value. This is done through shared language and values, concrete personal relationships and the sharing of stories. All of these help to create knowledge. Knowledge creation in the workplace can be valuable for organizations. In order for managers to capitalize on the ability of communities of practice to manage knowledge they should: identify existing or potential communities of practice, provide those communities with a means to meet face to face, provide tools that facilitate the growth and function of the community, identify experts within the community and enable their leadership, and remember that the social capital in communities of practice need investment to grow. By flexibly following these guidelines organizations should be able to further their ability to manage knowledge. -cjd Back to the Index