The Wise Company audiobook cover - How Companies Create Continuous Innovation

The Wise Company

How Companies Create Continuous Innovation

Ikujiro Nonaka and Hirotaka Takeuchi

4.2 / 5(78 ratings)

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Key Takeaways from The Wise Company

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The Wise Company
The Need for Wisdom
Limits of Explicit Knowledge
Embracing Tacit Knowledge
Philosophical Foundations
Aristotle's Phronesis
Phenomenology & Pragmatism
Societal Harmony
Beyond Shareholders
Society Decides Fate
Grasping the Essence
Personal Experience
Rapid Contextualization
The Concept of 'Ba'
Shared Spaces
Knowledge Spiraling
Communication & Politics
Stories & Metaphors
Moral Machiavellianism
Distributed Leadership
Empowering Everyone
Grooming Successors
Actionable Framework
Mission
Vision
Values

Quiz — Test Your Understanding

Question 1 of 8
Why do the authors argue that relying solely on explicit knowledge, like data and statistics, is a problem for modern companies?

The Wise Company — Full Chapter Overview

The Wise Company Summary & Overview

The Wise Company (2019) is a follow-up to the authors’ influential book The Knowledge-Creating Company. It brings the techniques and practices of running a successful business into the twenty-first century, where a fast-changing and chaotic marketplace is the new normal.

Who Should Listen to The Wise Company?

  • CEOs and business owners
  • Executives looking for reliable management tips
  • Anyone interested in the secrets behind Japanese business practices

About the Author: Ikujiro Nonaka and Hirotaka Takeuchi

Ikujiro Nonaka has been developing influential and game-changing business practices since the 1960s when he initiated new management practices at Fuji Electric. He’s since gone on to become one of the most respected business theorists in the world, with his insights into knowledge management changing the way many companies are run.

Hirotaka Takeuchi is a professor at Harvard Business School and is a frequent contributor to the Harvard Business Review. He’s co-authored many influential works with Ikujiro Nonaka, including The Knowledge-Creating Company and “The New New Product Development Game,” an article that’s credited with inspiring the Scrum framework for software development.

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