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Enabling Knowledge CreationHow to Unlock the Mystery of Tacit Knowledge and Release the Power of Innovation$
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Georg von Krogh, Kazuo Ichijo, and Ikujiro Nonaka

Print publication date: 2000

Print ISBN-13: 9780195126167

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780195126167.001.0001

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Epilogue

Epilogue

The Knowledge-Enabling Journey

Chapter:
(p.259) 11 Epilogue
Source:
Enabling Knowledge Creation
Author(s):

Georg Von Krogh

Kazuo Ichijo

Ikujiro Nonaka

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195126167.003.0011

Coming up with a business strategy that effectively incorporates all five enablers in the process of knowledge creation is a difficult task. Although taking this arduous path to the creation of new knowledge may entail a multitude of various drawbacks and challenges, it is asserted that all the efforts exerted for this task are definitely believed to pay off. As this chapter summarizes the fundamental points of the book, it identifies the three broad types of initiatives that companies are starting to develop: risk minimizers, efficiency seekers, and innovators. In applying such concepts and beginning the path to knowledge creation, a company has to take a few fundamental first steps, such as identifying the company's expected challenges, which knowledge operation is most important for the company, and other such concerns. This concluding chapter explains what it means to take these first few steps, and emphasizes how important it is for managers to pursue knowledge creation endeavors.

Keywords:   business strategy, five enablers, initiatives, risk minimizers, efficiency seekers, innovators, knowledge creation, knowledge operations

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