Nonaka and Takeuchi (Tacit Knowledge)

Nonaka and Takeuchi developed a theory about knowledge within organizations, highlighting the difference between explicit and tacit knowledge. Tacit knowledge is personal, intuitive, and hard to formalize—like skills or insights gained through experience. They explain that organizations can create value by converting tacit knowledge into explicit knowledge (like documentation) and sharing it. This process, known as the Knowledge Spiral, involves social interactions and continuous learning, helping organizations innovate and improve. Essentially, they emphasize that much valuable knowledge is informal and rooted in individual experience, and fostering its sharing is key to organizational growth.