Summary:
What is domain expertise? In this episode, we explore the concept of domain expertise, its importance, and how it differs from business expertise. The discussion includes why domain expertise matters, who in an organization should have it, and the key takeaways for leaders. The episode also delves into the elements of business expertise, how to acquire it, and strategies to address gaps in business knowledge. Plus, we touch on the current demand for land surveyors and its impact on hiring.
Contents:
00:00 Introduction
5:55 Illustration to highlight the difference between Domain Expertise and Business Expertise
13:15 What is domain expertise?
18:30 Why is domain expertise important?
22:22 Who in your organization should have domain expertise?
30:00 What’s the key takeaway?
32:15 What is business expertise?
34:20 What does business expertise include?
35:49 How do you acquire business expertise?
39:56 Who in your organization should have business expertise?
40:55 Why everyone is trying to hire the same land surveyor
49:33 How do you fix a lack of business expertise?
54:18 Conclusion
Links:
Restaurant Success by the Numbers - [ Ссылка ]
EconTalk The difference Between Knowledge and Know-How
The Business Model Canvas - [ Ссылка ]
