Domain Expertise And Innovation

The industrialist s dilemma march 5 2020.

Domain expertise and innovation. Ge s global scale domain expertise and innovation helps egyptian el marakby steel plant to increase production and save cost august 26 2014 ge s dynamic var compensator dsvc solution guarantees low disturbance on the grid creating a cleaner and more resilient power grid. The secret of domain expertise is that it comes from both tacit or experiential learning as well as formal learning. Domain expertise innovation leaders are typically required in technology oriented industries that advance rapidly.

However when it comes to business oriented solutions such as enterprise tech or smb saas tools i would say that domain. They must have the required domain expertise to communicate effectively with their team convey a unified vision understand the inherent risks and advantages of a creative idea and also to command respect from the team. Often the most valuable knowledge comes from tacit knowledge the knowledge of the many contributing elements that create a true.