Building Product and Knowledge Capability: The Powerhouse Duo
Thursday, April 18, 2024
Product capability and knowledge capability are essential for businesses that want to succeed in the digital age. When businesses invest in building both product and knowledge capabilities, they can create a powerful synergy that leads to significant competitive advantage. For example, businesses with strong product capability can use their knowledge of customer needs to develop innovative products. And businesses with strong knowledge capability can use their knowledge of their products and the market to make better decisions about product development and experience.
In this presentation, we will discuss the importance of both product capability and knowledge capability for business success. We will also share strategies for building both capabilities based on real world examples.
Conclusion: Building product and knowledge capability is an essential investment for businesses that want to succeed in the digital age. By developing both capabilities, businesses can create a powerful synergy that can lead to significant competitive advantage.