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 of rapid 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 human interactions and how
they influence organizational structures and practices.Companies that
have resilience, longevity, and sustainability share a number of
characteristics, Nonaka and Takeuchi 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 and Takeuchi demonstrate how
continuous innovation results from companies ceaselessly and
repeatedly creating new knowledge, disseminating knowledge throughout
the organization, and converting that knowledge to action._The Wise
Company _presents a new model of knowledge-creation and practice for
the twenty-first century.
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Produktdetaljer
ISBN
9780190497026
Publisert
2020
Utgiver
Vendor
Oxford University Press
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter