Organizations struggle to be strategically prepared for unexpected change. What if change cannot be anticipated with any degree of certainty? What can organizations do to become more strategically prepared? This book explores the answers to these questions and argues that organizations become more prepared when they cultivate practical wisdom.

The first part of this volume links the concepts of organizational learning and trust with theories of knowledge and uncovers underlying theoretical assumptions. The second part presents practical approaches to managing, measuring and developing knowledge in organizations.

Written by some of the leading international scholars in the field, this book presents the current state-of-the-art in knowledge management.

The book offers a strong response to the need for a body of scientific knowledge on the understanding, managing and measuring of knowledge in organizations and brings an international perspective to bear on the issues bridging theory and practice through case study illustrations from Europe, Japan and American companies.

Successful companies rely on traditional factors of production for their survival. Yet the most important and sustainable sources of competitive advantage knowledge, customer relations, supply-on-demand, micromanagement, and other forms of "intellectual capital" often don't even appear on many companies' reporting systems. The results of this lack of attention to intellectual capital can be disastrous for companies and their stockholders.

Providing an organizational system that helps managers maximize the flow of intellectual capital in their companies, Intellectual...

This text is a tribute to the idea that strategy should be practised in ways that fuel our minds by engaging our bodies. When we do strategy rather than think strategy we engage our senses in ways that pure intellectual reasoning cannot. This book considers ideas that can help leaders transform strategy into imaginative and responsible practice.

Innovating Strategy Process presents a series of reflective essays by established and emerging scholars on the subject of innovation, considering it both as an outcome of strategy and as a process in itself.

• Contains new ideas and rich case descriptions that will trigger creative thinking about how to design a more innovative strategy process.
  
• Offers new conceptual frameworks for analyzing and designing strategy process.
  
• Addresses cutting-edge topics, such as play as the means and art as the impetus for strategy-making; the role of...

Intellectual Capital refers to one of the most important sources of business advantage - the knowledge within the organisation of how to create value for customers. This is reflected in the transformation of society into knowledge work and the increasing difference between the book value and the market value of companies. This book addresses the issue of how to develop a system for visualising and measuring intellectual capital.

This book highlights the challenges for firms operating in industries where traditional boundaries are vanishing and a totally new business landscape unfolds. This puts significant demand on the top management teams and their ability to perceive and interpret phenomena and patterns emerging that may influence strategy. Based upon observation of and involvement in the strategy processes of three media firms a framework for strategy processes is proposed and a practical outline of how new strategy processes should be developed is presented.

This book presents a new view of organizations which has important implications for the theory, methods and practice of management. For several years the boundaries of political science, sociology and other fields in the social sciences have been significantly rethought with the help of autopoiesis theory. The authors examine how this theory can be applied in the organization and management field, by an increased focus on knowledge and the processes of knowledge development and guidance. Intended as a standard reference for all those involved in the study of advanced organizations,...

Using both established as well as more recent modes of inquiry, this book sheds new light on an increasingly important dimension of organizational cooperation and competition - that of knowledge and knowledge transfer. Based on research and practice, the book addresses a wide range of issues concerning the management of knowledge, from knowledge transfer between organizations to knowledge management within organizations.

Divided into two parts, Managing Knowledge reflects a fundamental conceptual distinction between two world-views. The first part is characterized by "representationism,"...