Nonaka and Takeuchi Model

The Nonaka and Takeuchi Model explains how organizations create knowledge through a dynamic process involving four key steps: Socialization (sharing tacit knowledge through experience), Externalization (turning tacit knowledge into explicit ideas), Combination (organizing and integrating explicit knowledge), and Internalization (absorbing explicit knowledge back into tacit understanding). This cycle helps organizations innovate and adapt by continuously converting personal knowledge into shared insights and skills, fostering learning and growth. Essentially, it describes how knowledge flows within a company to drive improvement and innovation.