Tacit knowledge is knowledge that is generally imprecise, costly to transfer, and difficult to formalize or codify.
Tacit knowledge :
Tacit knowledge is generally imprecise and expensive to transmit. It's also very personal. Finally, because it is unstructured, it is difficult to formalize or systematize, unlike explicit knowledge, and difficult to describe or verbalize and communicate to others. This includes personal wisdom, experience, insight and intuition.
Why Tacit Knowledge Matters?
Some tacit knowledge is irrelevant because it cannot be directly communicated or written down. It is often considered personal knowledge and is very important. It can bring big breakthroughs to your organization. This kind of knowledge is often not easily transferable.
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