This book will help readers understand the most important book of Michael Polanyi, 'Personal Knowledge', and help them grasp the essence of his philosophical thinking. In this volume, Polanyi's goals are first reconstructed, and then his main philosophical arguments are introduced. The discussion is limited to the most crucial ideas that are indispensable for the arc of his book: tacit knowledge, emergence and the fiduciary program. The thirteen chapters of this volume explain the essence of the thirteen chapters of 'Personal Knowledge'. The page numbers in this book work just as well with the 2015 'Enlarged Edition' of 'Personal Knowledge' as with the original issues. Whether you just want to get the key quotation and the context right on tacit knowledge, emergence or the fiduciary program, or want to have a deep dive for your scholarly research in philosophy and management, this book is for you.