The Wise Company by Ikujiro Nonaka, Hirotaka Takeuchi
Estimated delivery 4-14 business days
Format Hardcover
Condition Brand New
Description To survive and thrive in this day and age of high-velocity change, companies must draw on high quality, experiential knowledge: practical wisdom.
Publisher Description
High-velocity change is the fundamental challenge facing companies today. Few companies, however, are prepared to continuously innovate-because they focus on the short-term and do not emphasize the wisdom needed to make sure that their interests are aligned with those of society.Practical wisdom is the bases of continuous innovation, where companies ceaselessly and repeatedly creating new knowledge, disseminating it throughout the organization,and converting knowledge to action over time. In The Wise Company, legendary management experts Ikujiro Nonaka and Hirotaka Takeuchi highlight how various companies have confronted the challenge ofrapid change to create new products and new ways of doing business that benefit employees, consumers, and society. The key: a relentless self-renewal process where companies realize the future they envisions, rather than only responding to changes in the environment. Nonaka and Takeuchi argue that while knowledge-creating companies focusing on tacit and explicit knowledge can generate innovation, they cannot create it on a continuous and ongoing basis without having wisdom about humaninteractions and how they influence organizational structures and practices. Companies that have resilience, longevity, and sustainability share a number of characteristics, Nonaka andTakeuchi show. Strategies are based on alignment of organizational and societal benefits. Leaders grasp the core of any situation or problem quickly, and intuitively comprehend the nature and meaning of people, things, and events. But wise leadership is not enough: wisdom must infuse the organization through informal as well as formal shared interactions and communications that focus on metaphors and stories that convey the essence and meaning of strategies and actions. In short, Nonaka andTakeuchi demonstrate how continuous innovation results from companies ceaselessly and repeatedly creating new knowledge, disseminating knowledge throughout the organization, and converting that knowledgeto action.The Wise Company presents a new model of knowledge-creation and practice for the twenty-first century.
Author Biography
Ikujiro Nonaka is Professor Emeritus at the Graduate School of International Corporate Strategy, Hitotsubashi University, Tokyo.Hirotaka Takeuchi is Professor of Management Practice at Harvard Business School.
Details ISBN 0190497009 ISBN-13 9780190497002 Title The Wise Company Author Ikujiro Nonaka, Hirotaka Takeuchi Format Hardcover Year 2019 Pages 304 Publisher Oxford University Press Inc GE_Item_ID:126333067; About Us
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