WHAT IS A THINK TANK COMPANY – AND HOW CAN IT HELP YOU INNOVATE AND DRIVE DIGITAL TRANSFORMATION?

WHAT IS A THINK TANK COMPANY – AND HOW CAN IT HELP YOU INNOVATE AND DRIVE DIGITAL TRANSFORMATION?

For reference, a think tank company is an organization that conducts in-depth research, analysis, and study of issues to produce insights, critique policies, and provide advisory services and solutions to government, corporate, and societal problems. Think tanks occupy an intellectual space between academia and public policy.

While universities also conduct research, think tanks focus heavily on applied research geared directly toward practical real-world applications, versus pure theoretical inquiry. That distinguishes them from traditional academic institutions. At the same time, an independent non-partisan think tank differs from advocacy groups, lobby firms, or partisan research groups in striving for objective analysis versus attempting to directly influence specific political outcomes.

Think tanks employ experts across fields like public policy, economics, technology, and global affairs to investigate specialized areas ranging from immigration to cybersecurity, agricultural policy to regulatory reform, and much more. Teams leverage access to interdisciplinary talent pools combining PhDs, experienced public servants, data scientists, and subject matter specialists. This fuels the rigorous, multi-lens analysis defining think tanks.

The research process culminates in various published outputs like policy briefs, data visualizations, technology assessments, economic projections, risk analyses and more. Top think tanks share key findings through hosted public forums, media commentary, and advisory services consulting with government agencies or corporations to guide strategic decisions. Recommendations receive heavy scrutiny for sound methodology grounded in facts versus opinions or ideologies.

While some think tanks focus purely on study, others take an activist approach. They advocate directly for certain public policies or societal reforms in line with their organizational mission. And some straddle dual lines as research hubs providing consulting services around their intellectual properties.

Regardless of particular structure or focus area, impactful think tanks produce influential works that shape both public discourse and policy appetites. Through asking difficult questions and supplying much-needed wisdom and perspective, they aim to move society forward on its thorniest problems and unlock progress on persistent issues needing new lenses. The value they provide is brainpower and critical analysis addressing the priorities of the day.

Long story short: Think tank companies comprise cross-disciplinary networks of expertise conducting applied research to offer solutions, insights, recommendations and services addressing the foremost issues facing nations and industries today. Expert outputs support better-informed decisions in the public and private sectors.