Given the radical changes taking place in the business world for a more closely forms of learning and open innovation, companies are increasingly looking for the best ways to stimulate new knowledge, seeing it as a major source of value creation and competitive advantage beyond simply achieve profit maximization. Two decades after the publication of his seminal book, knowledge creation company, Ikujiro Nonaka review these theories and outlines a series of steps that companies and their executives can take to create more favorable conditions for the creation of new knowledge, based on the Japanese concept of ba. What you need, he says, is nothing less than an entirely new way of perception and performance management role. "Hide
on Ikujiro Nonaka Source: IESE-Insight Magazine 8 pages. Publication Date: September 15, 2012. Prod. #: IIR083-PDF-ENG