Human capital is about the innate power workers have. It is about their knowledge, skills and insights, which can’t be sold or bought. Scottish economist Adam Smith was one of the first to recognize ...

Forbes contributors publish independent expert analyses and insights. John Baldoni speaks and writes about candor, courage and community. Today tacit knowledge is less prevalent in management ...

People often define tacit knowledge as knowledge that you can’t put into words, but this negative definition doesn’t say what tacit knowledge is—just what it isn’t. Tacit knowledge is typically not ...

Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of Chicago. As the economist lectured on human capital theory, a concept he’d ...

Becoming a Further Education teacher allows you to share your knowledge with the next generation of workers (Department for Education) Whether it’s solving a logistical problem, navigating a tricky ...