The Invisible Knowledge Problem | why you can't articulate what you know | Summary and Q&A

TL;DR

Tacit knowledge, which is difficult to articulate, is the key to building a competitive advantage in various fields.

Key Insights

• 🚛 Tacit knowledge is valuable because it is difficult to articulate and replicate, providing a competitive advantage.
• 💁 Explicit knowledge forms the foundation of our education and can be shared and articulated easily.
• ❓ Tacit knowledge is deeply personal and rooted in experience, intuition, and insights.
• 💪 Building a strong knowledge moat requires a combination of explicit and tacit knowledge.
• 💄 Frameworks and mental models can help in internalizing explicit knowledge and making valuable connections.
• 😫 Growing tacit knowledge involves experiencing, curating, and noticing what sets individuals apart from others.
• 💼 Articulating and externalizing tacit knowledge through frameworks and case studies can help others understand and benefit from unique insights.

Transcript

Have you ever tried to teach someone how to ride  a bike? I tried the other day with my mom, and it   was a disaster. All I could say was, "Just pedal,  just balance. Don't lean to the left. No, no,   too much to the right. Just balance." I couldn't  explain any of the processes. I couldn't explain   the feeling of keeping yourself in balance. It  ... Read More

Questions & Answers

Q: What is the difference between tacit and explicit knowledge?

Tacit knowledge refers to information that is difficult to articulate and is rooted in personal experience and insights. Explicit knowledge, on the other hand, can be easily explained and shared with others using language and symbols.

Q: Why is tacit knowledge important in building a competitive advantage?

Tacit knowledge cannot be easily replicated by others, making it a valuable asset in gaining a competitive edge. It encompasses unique skills, intuition, insights, and personal taste that set individuals apart from others.

Q: How can tacit knowledge be internalized?

Tacit knowledge can be internalized by putting explicit knowledge into practice, making connections, and developing a personal "lattice work" of knowledge based on experiences, insights, and intuitions.

Q: How can individuals grow their tacit knowledge?

Individuals can grow their tacit knowledge by focusing on living, experiencing things, noticing their unique insights and feelings, and curating their life to align with their interests and passions.

Summary & Key Takeaways

• Tacit knowledge is information that cannot be easily explained or articulated and is deeply rooted in personal experience and insights.

• Explicit knowledge, on the other hand, can be easily articulated and shared with others.

• While explicit knowledge is important, tacit knowledge provides individuals with a unique competitive advantage that others cannot easily replicate.