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Tacit Knowledge
Precipice
Abyss

The Precipice – According to dictionary a precipice is a cliff with a vertical or nearly vertical overhanging face.  It can also be defined as a situation of great peril: for example, being on the precipice of war.  For a visual, the gentleman in the picture is sitting on a drop off, a precipice, the place where solid ground meets the abyss. Organizations need to keep their solid ground of tacit knowledge managed and growing so that they can build on it to contiguously create newer versions of their products and services.

Experts Panel

How is a pandemic, a precipice and tacit knowledge relative? 

Glad you ask….

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Gone are the days, for now, of having the conveniences to observe or run into each other in the office and share experiences. So, we have turned to technology to facilitate a virtual work environment. Technology facilitates a lot of things but what technology does not facilitate is the transfer of tacit knowledge. In the findings of my research, technology emerged at the epicenter of hindrances to transferring tacit knowledge.

So, when the pandemic hit, organizations were thrusted onto a precipice.  AT RISK of losing invaluable, proprietary knowledge even more than ever before BECAUSE we are now technology dependent and not positioned for socialization.  We work remote, siloed, and immersed in our own personal cultures. And don’t forget our date with 2025 is less than 5 years away.  This is a perfect recipe for losing tacit knowledge.

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Tacit Knowledge

Precipice

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