Overview: Dispersed Knowledge | ||
Type | ||
Definition | Information about a topic or situation that is fragmented amongst many isolated sources. | |
Related Concepts |
What is Dispersed Knowledge? John Spacey, updated on
Dispersed knowledge is a situation in which information about a topic is fragmented amongst many sources with no authoritative source of truth. It is often described with an old folktale from the Indian subcontinent in which a group of blind men try to figure out what an elephant is by touching different parts of the animal only to reach dramatically different conclusions.
It is common for dispersed knowledge to exist in fast moving situations such as a financial market. A company insider may know about a firm's recent deals. A banker may know about financing conditions that are tightening in the firm's industry. A customer on the street may notice that customer service at the company has declined significantly. A supplier may notice that the firm is refusing to make payments and cutting back on orders. This fragmented knowledge creates uncertainty in markets as no single investor has universal information at any given point in time. It is tempting for all parties to assume that someone else has better information.
Knowledge ManagementThis is the complete list of articles we have written about knowledge management.If you enjoyed this page, please consider bookmarking Simplicable.
Types Of KnowledgeThe differences between types of knowledge.Curse Of Knowledge
Why experts have trouble communicating.
Tacit Knowledge
Knowledge that escapes documentation.
Disinformation vs Anti-Information
Two types of broken knowledge.
Knowledge WorkA definition of knowledge work with examples.Information vs Knowledge
The difference between information and knowledge.
Expert Generalist
A definition of expert generalist with an example.
Qualitative Data
A definition of qualitative data with examples.
Objective vs Subjective
The difference between objective and subjective.
Knowledge Value
A definition of knowledge value with examples.
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