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The other challenge is the amount of tacitknowledge involved in improving the performance of large systems — insight and understanding not easily captured or conveyed by numbers, formulas, or recipes. By definition, tacitknowledge comes with time — so outsiders must approach organizations with humility.
Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacitknowledge that experienced managers deploy every day, nor the creative genius of innovators. Perilous, because bad data and hidden false assumptions can seriously mislead. So what should managers, especially leaders, do?
Further, algorithms cannot (yet, anyway) tap intuition — the soft factors that are not data inputs, the tacitknowledge that experienced managers deploy every day, nor the creative genius of innovators. Perilous, because bad data and hidden false assumptions can seriously mislead. So what should managers, especially leaders, do?
globalization is seen as a political hot potato rather than a hot ticket to prosperity. Think of tacitknowledge, which John Hagel III and John Seely Brown, who have thought deeply about information flows, argue is increasing rather than decreasing in value. We are so connected today, and coming to Davos is reaffirming that.”
The members of high performance teams have a high level of tacitknowledge about one another — in other words, they understand each other on a personal level that stretches far beyond knowledge of each other’s resumes. Trust and understanding can only build over time.
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