By varying the weights of influence and changing the assumptions about actions of various agents we then solve the model to produce a series of scenarios. These scenarios allow planners to test the robustness of proposed strategies and pose a series of ‘what if’ questions. In this way TKM provides a more structured way of integrating qualitative or tacit knowledge as an input into strategy, thus potentially improving the transparency and effectiveness of planning processes.
Volterra has applied TKM to a range of scenarios, including analysis of the market potential for nanotechnology for a US client, to investigate the role of ICT in developing countries for the World Bank and to analyse geo-political risk in the context of China's changing role.
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