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Hierarchy of Strategic Knowledge

  Hierarchy of Strategic Knowledge Introduction In looking at a variety of strategies and tactics, I thought it would be beneficial to develop priority guidelines of knowledge acquisition for competitive strategies. While rudimentary, I believe the following concepts hold true for most competitions.  1. KNOW THE ENVIRONMENT 2. KNOW THE SELF 3. KNOW THE OPPONENT The proportion of knowledge in each section will vary from each person, place, and competition; however, I believe the following prioritization will optimize knowledge acquisition beginning with environmental knowledge, followed by self knowledge and capped by knowledge of the opponent is preferential in development of strategy. Strategic Knowledge Hierarchy Breakdown 1.  The first priority when collecting knowledge for the implementation of a strategy for any sort of competition is,  KNOW THE ENVIRONMENT.  It is necessary for a player to understand what the arena of competition is and what the boundaries...

Optimization of Knowledge in a System

Optimization of Knowledge in a System: A Look at  Frederich Hayek's T HE USE OF KNOWLEDGE IN SOCIETY by  Timothy Cole Wanless     Knowledge is a funny thing. Too little and we can’t make informed decisions. Too much and we can’t find the relevant information amid the background noise. In reading THE USE OF KNOWLEDGE IN SOCIETY by F.A. Hayek, I realized what I assumed to be an outdated application of economics knowledge for a less efficient, steam-powered time still held great value for our current system. Despite technological advances, it still maintains its relevance by analyzing how knowledge should be spread in society. Friedrich Hayek: Austrian-British Economist      So what did this article hold that still had relevance for modern times? If I were to summarize the article’s main point it is this.  The price system generated by a decentralized system better assigns value to goods than a centralized planning body due to the inherent n...