The Role of Knowledge: exploration and exploitation - Exploitation
5 important questions on The Role of Knowledge: exploration and exploitation - Exploitation
What are familiar businesses known to do when it comes to the role of knowledge?
What are the three consultants-types that exploit knowledge? And what characterises them?
- Grey hair consultancy - based on experience;
- Procedure-based - provides efficiency and leverage;
- Software-based - Analytics-based software supports clients in decision-making.
For the grey hair consultant, what knowledge have they gathered over the past years that they can exploit now?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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What knowledge have the procedure based consultants gathered, that they exploit? And what is an example of such a consultant?
What knowledge do the software-based consultants have that they can exploit?
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- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
