Knowledge Taxonomies That Every Executive Needs To Consider

Innovation expert Mostafa Sayyadi emphasizes the importance of differentiating between individual and collective knowledge in forming and managing a successful team. This article discusses how executives can build an atmosphere of trust and openness to encourage the exchange of individual knowledge, and then leverage social-software systems to turn individual knowledge into collective knowledge. Furthermore, knowledge can also be classified using individual, social, and structured dimensions, along with scientific, philosophical, and commercial aspects of knowledge. The article concludes that commercial knowledge can enhance a company's capabilities and competitive advantage if executives can distribute and capture it effectively.