
The Knowledge-Creating Company (book)
*The Knowledge-Creating Company* by Ikujiro Nonaka explores how organizations generate and utilize knowledge to innovate and compete effectively. It emphasizes that successful companies foster a dynamic process where tacit knowledge (personal, intuitive insights) and explicit knowledge (formal, codified information) continuously interact. Through practices like sharing experiences and collaboration, companies create new knowledge, leading to innovation and growth. Essentially, it highlights the importance of organizational learning and the mechanisms by which businesses innovate by managing knowledge effectively.