Well, you asked specifically for TikZ, though I do like the other solutions:
\documentclass[a4paper]{scrartcl}
\usepackage{tikz}
\usetikzlibrary{positioning,arrows}
\begin{document}
\begin{tikzpicture}[every node/.style={text width=4.5cm,align=left},>=triangle 90]
\node (a1) {Emphasises research \\ content};
\node (a2) [below=.5cm of a1] {Students are treated as the audience};
\node (a3) [below=.5cm of a2] {Teaching is teacher-focused};
\node (b1) [right=2.5cm of a1] {Emphasises research \\ processes and problems};
\node (b2) [right=2.5cm of a2] {Students are treated as participants};
\node (b3) [right=2.5cm of a3] {Teaching is student-focused};
\begin{scope}[<->,very thick,shorten <=-.5cm,shorten >=.3cm]
\draw (a1) -- (b1);
\draw (a2) -- (b2);
\draw (a3) -- (b3);
\end{scope}
\end{tikzpicture}
\begin{tikzpicture}
\matrix (m) [every node/.style={%
text width=3.5cm,text depth=3cm,
minimum height=3.4cm,minimum width=4cm,
align=left,font=\small},
row sep=5pt,column sep=5pt] {
\node[fill=blue]{\textbf{Research-tutored}\\[.6ex]
\textit{Curriculum emphasises learning focused on students writing and
discussing papers or essays}};
&
\node[fill=red]{\textbf{Research-based}\\[.6ex]
\textit{Curriculum emphasises students undertaking
inquiry-based learning }};
\\
\node[fill=green]{\textbf{Research-led}\\[.6ex]
\textit{Curriculum is structured around teaching subject content}};
&
\node[fill=yellow]{\textbf{Research-oriented}\\[.6ex]
\textit{Curriculum emphasises teaching processes of knowledge
construction in the subject}};
\\
};
\draw [ultra thick,shorten >=-.5cm,shorten <=-.5cm] (m.north) -- (m.south);
\draw [ultra thick,shorten >=-.5cm,shorten <=-.5cm] (m.east) -- (m.west);
\node [above=0.6cm of m,font=\scriptsize,text width=6cm,align=center]
{\textbf{STUDENT-FOCUSED \\ STUDENTS AS PARTICIPANTS}};
\node [left=0.3cm of m,font=\scriptsize,text width=3cm,align=left] {%
\textbf{EMPHASIS ON \\ RESEARCH \\ CONTENT}};
\node [right=0.6cm of m,font=\scriptsize,text width=3cm,align=left] {%
\textbf{EMPHASIS ON \\ RESEARCH \\ PROCESSES \\ AND \\ PROBLEMS}};
\node [below=0.6cm of m,font=\scriptsize,text width=6cm,align=center] {%
\textbf{TEACHER-FOCUSED \\ STUDENTS AS AUDIENCE}};
\end{tikzpicture}
\end{document}
nodeand and a specific one :text node. 16.4.3 Text Parameters: Alignment and Width for Multi-Line Text. – Alain Matthes Jun 11 '11 at 22:05