Experts reveal five pitfalls to avoid when starting down the knowledge management path.
July 03, 2000 (Computerworld) -- Knowledge is power, especially in the Internet age. That's why companies are trying to figure out precisely what their customers want and how to get it to them before the competition does. Whatever you call it - collaboration, decision support, knowledge management or something else - it's the bedrock that's supporting today's corporate strategies. Trouble is, many of these costly, information-l ……
Why Teams and COPs are different kinds of groups. Teams weave the organization together in one direction, while communities weave it together in the other (see grid below).
How can knowledge management act as a catalyst for innovation? Over the past few years a number of surveys have consistently placed the ability to be innovative in the top ten list of priorities for executives. That's not surprising when you read statistics such as those in a 1996 study of 150 major U.S. firms which found that innovative companies experienced profit growth at four times the rate of non-innovative organizations. 1
Knowledge management does not only act as a catalyst for innovation and creativity but also provides the means by which 'i ……
KM needs to be embedded in everyday business processes for it to really deliver. Here are some guidelines.
Build a KM strategy. This is your plan based on what knowledge and systems will give your organization competitive advantage. KM expert Chuck Seeley identifies six key components: governance, culture, content management, technology, application and measurement.
Define and communicate knowledge performance. Knowledge performance can be defined as valuing and using the knowledge of the organization on the job. Do employees know how they create va ……
Getting the most out of knowledge workers will be the key to business success for the next quarter century. According to Eric Schmidt, Google CEO, attracting and holding on to the best performers is "the single biggest factor for competitive advantage in the next 25 years."
The ongoing debate about whether big corporations are mismanaging knowledge workers is one Google takes very seriously, because those who don't get it right will be gone. What follows are ten key principles Google uses to make knowledge workers most effective. As in most technology companies, many of Google's employ ……
What made Menlo Park the home of so many revolutions? Thomas Edison understood the true meaning of innovation. More then 100 years later, the need for productive Innovation is even more urgent. Here you will understand why.
Why innovation? Why now?
These are times when organisations are going into the bunker. They are busying themselves with primary survival. How? ……
Companies need a new approach to finding their elusive experts.
Michael Idinopulos and Lee Kempler
2003 Number 4
Expertise can be surprisingly difficult to find, even in institutions that have spent millions to attract and retain world-class experts. Take the experience of one manager at a biotechnology company.