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Editor's Notes

  1. No Company will survive in the long run if it doesn’t offer value to customers, create a future that other’s can’t and maintain the common good. This requires Knowledge and Leadership. In the article, THE WISE LEADER, HBR, May 2011, Nonaka and Takeuchi maintain that many leaders use knowledge improperly and don’t cultivate the right kinds of knowledge. A wise leader requires Explicit Knowledge, Tacit Knowledge and Practical Wisdom. (The ability to Know what should be done.) They go on to discuss the 6 abilities of the Phronetic Leader.