Abandon Stocks, Embrace Flows - The Big Shift - HarvardBusiness.org - 2 views
-
What if a different source of value is becoming more powerful? We believe there's good reason to think that value is shifting from knowledge stocks to knowledge flows. Put more simply, we believe that flows trump stocks.
-
To succeed now, we have to continually refresh our stocks of knowledge by participating in relevant flows of new knowledge. But there are two challenges. First, knowledge doesn't flow very easily, especially if it is tacit rather than explicit knowledge.
-
To keep it simple, think of tacit knowledge as the "know how" rather than the "know what."
- ...2 more annotations...