Harvard Business Review

FEBRUARY 29, 2016

A smart founder understands that there is often a trade-off between creating sustainable market value and preserving control. A handover period for retaining and transferring knowledge is a golden opportunity to ensure that all tacit knowledge from the founder is transferred to the new CEO and that there are no knowledge gaps.

CEO 8

CEO Tacit Knowledge Chief Technology Officer How To 8

Harvard Business Review

MAY 19, 2016

Back in the 1980s, a company could set itself apart through scale, being the largest company in a category provided leverage over costs, back office processes, distribution, and marketing effectiveness. Consider, for example, the way many credit cards are marketed. Distinctive capabilities cannot be easily replicated by others.

IAM 10

IAM Productivity Products Company 10

Harvard Business Review

AUGUST 29, 2017

Interactions are also vital for sharing knowledge across sites. As such, tacit knowledge can become more explicit; sharing information or best practices can become advantageous; and learning from one another’s common experiences can accelerate the spread of business efficiencies across the global organization.

Succession 14

Succession Globalization Tacit Knowledge GDP 14

Harvard Business Review

OCTOBER 31, 2012

At last," the chairman had said, "we have a foothold in the electric vehicle market. Editor's Note: This fictionalized case study will appear in a forthcoming issue of Harvard Business Review, along with commentary from experts and readers. Worse, could it end up selling those components on the open market?

Case Study 8

Case Study Technology Tacit Knowledge Engineering 8

Harvard Business Review

JANUARY 12, 2016

They created a business resource group called “Leadership in Action” (LIA), composed of managers from multiple levels of the firm, and set up meetings, events, and webinars in which senior leaders provided insight into external market changes and how the company strategy addressed those changes.

Tacit Knowledge 8

Tacit Knowledge Quality Leadership Pipeline Learning-by-Doing 8

Harvard Business Review

OCTOBER 6, 2011

She was always complaining to me about the nonsensical and arbitrary demands she got from patronizing executives at HQ who knew her market and job better than she did. Take the case of Mary Chen, the general manager for the China region of a multinational company from Europe. But what was most interesting about Mary was how she responded.

Tacit Knowledge 8

Tacit Knowledge Resistance Open-book Learning-by-Doing 8

Harvard Business Review

NOVEMBER 30, 2010

The simple reality, even for a high-flyer like Google, is that the best engineers, marketers and project managers truly do have a world of opportunity — and it's unrealistic to think that you can persuade them to stay forever. "What if Enron failed not in spite of its talent mind-set but because of it?"

Tacit Knowledge 15

Tacit Knowledge Long-term McKinsey Venture Funding 15

Harvard Business Review

OCTOBER 4, 2012

But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack. Or begin building a capability in global innovation now to take advantage of lower development costs, faster time to market, and, most important, the ability to leverage dispersed knowledge to gain competitive advantage.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

OCTOBER 4, 2012

But single-location projects draw on a reservoir or shared tacit knowledge and trust that global projects lack. Or begin building a capability in global innovation now to take advantage of lower development costs, faster time to market, and, most important, the ability to leverage dispersed knowledge to gain competitive advantage.

Globalization 15

Globalization Innovation Team First-mover Advantage 15

Harvard Business Review

FEBRUARY 1, 2017

Think of tacit knowledge, which John Hagel III and John Seely Brown, who have thought deeply about information flows, argue is increasing rather than decreasing in value. Friedman’s declaration that the world is flat was motivated by the example of Indian software.

Globalization 8

Globalization Offshoring Tacit Knowledge Intangible Assets 8