Chapter

Epilogue

Georg Von Krogh, Kazuo Ichijo and Ikujiro Nonaka

in Enabling Knowledge Creation

Published in print January 2000 | ISBN: 9780195126167
Published online October 2011 | e-ISBN: 9780199848720 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780195126167.003.0011
Epilogue

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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

Chapter.  2232 words.  Illustrated.

Subjects: Knowledge Management

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