Every employee holds valuable knowledge. Those who organize their company properly can unlock these treasures. Japanese managers recognized this early on and provided their companies with long-term competitive advantages. Through detailed case studies, the authors explain in this classic of management literature how leaders can leverage the resource of knowledge and transform it into successful products and technologies. "This is the most creative book on management from Japan so far. A must-read for managers in a borderless world." Kenichi Ohmae "An important book for business practice." Michael E. Porter "Nonaka's theses indicate a paradigm shift." Wirtschaftswoche "Written in an engaging manner, with many enlightening moments while reading." ManagerSeminare.