The proverb ‘Speech is silver, silence is golden’ often applies in business too. Keeping knowledge or know-how secret gives you (and your company) the competitive edge. This can apply to all kinds of information, from client data or financial information to new ideas. Even business skills or practical experience can be considered strategic knowledge or know-how. Keeping this kind of information secret can prove a very valuable asset and will help you stay one step ahead of your competitors.