Tacit knowledge is abstract and affects how we perceive and move through the world. It is often subjective, informal, and difficult to share or express because it is affected by our personal beliefs and values. Tacit knowledge is the knowledge you’ve gained through living experience, both in your personal life and professional development. They also acknowledge the different types of knowledge, including the kind of knowledge that sets each person apart - tacit knowledge. These knowledge-centric companies can create, scale, and disseminate both new and existing knowledge throughout their organization in a short time. However, what separates successful companies from the rest is recognizing new knowledge contributions from employees. In that sense, equipping yourself and your business with as much knowledge as possible is one way to guarantee a competitive advantage. Nowadays, competition is fierce, and technologies quickly become obsolete. When you think you’ve seen it all, one thing rings true - the only certainty is uncertainty.
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