Knowledge Management: Addressing Business Imperatives - PowerPoint PPT Presentation

1 / 37
About This Presentation
Title:

Knowledge Management: Addressing Business Imperatives

Description:

Someone must have done this before but who? ... Retrospect. AAR. Knowledge Assets. KM in the Workflow. Teams and. Departments. Goals. Results ... – PowerPoint PPT presentation

Number of Views:59
Avg rating:3.0/5.0
Slides: 38
Provided by: vincent3
Category:

less

Transcript and Presenter's Notes

Title: Knowledge Management: Addressing Business Imperatives


1
Knowledge ManagementAddressing Business
Imperatives
  • Vincent I. Polley

2
Sound Familiar?
  • Why do we keep having to re-learn this?
  • How do I know where to find this knowledge?
  • Someone mentioned that to me the other day now
    who was it?
  • Someone must have done this before but who?
  • When she left, she took all that knowledge with
    her.
  • It was pure luck that I met him he had just the
    answer I was looking for.
  • That went very well how do we repeat that
    success?
  • We made this mistake in our other office, too.

3
If only
If only we all knew what we each know. If only we
could find it when we need it. If only we could
learn who knows what. If only we never forgot.
4
Knowledge Management
  • What is knowledge?
  • What is knowledge management?
  • Why do KM? Why now?
  • Examples Schlumberger/BP and The World Bank
  • How to plan and implement a successful KM system

5
Information Knowledge
  • What is useful, what is not?
  • What was the context? Where is it?
  • Quality of materials
  • Advice you have given
  • Who has done it before?
  • Who knows who?
  • Who is the expert? Who is good, who is not?
  • Presentation notes
  • Missteps you have made
  • Missteps others have made
  • What has worked and what has not? And, why?
  • Cases, Statutes, Treatises, Law Reviews
  • Work product forms, samples, checklists and
    precedents files
  • Corporate records (Articles, Minutes, etc.)
  • Phone lists, calendars
  • Law firm lists
  • Presentations
  • Legal websites
  • Client information
  • Policies
  • Judges

6
Knowledge Management Definition
  • Systematic approaches to help information and
    knowledge emerge and flow
  • to the right people
  • at the right time
  • in the right context
  • in the right amount
  • at the right cost
  • so they can act more efficiently and
    effectively.

7
A vision of how it works
The United States Army
8
What does the Army know about hurricane
clean-up?
Prof. John Henderson Boston University 1998
9
Organizational KM Drivers
  • Cost Pressures
  • Efficiency and Consistency
  • Compliance Initiatives
  • Flexibility and Responsiveness
  • Training and Learning
  • Recruiting and Retaining
  • People
  • Knowledge
  • Workplace and Professional Satisfaction

10
Examples
  • Training new employees (e.g., making them more
    effective, faster)
  • Control or reduction of external spending
  • Use/re-use of work-product (whether internally
    developed, or by external service
    providers)efficiency, consistency
  • Reallocation of lower-value work to junior staff,
    freeing senior professionals
  • Being able more effectively to compete with other
    employers for quality professionals
  • Anticipating an age bubble of senior,
    experienced employees who will be retiring
  • Closing/opening offices moving staff closer to
    clients
  • Adding new department services supporting new
    business services
  • Facilitating more dynamic work-allocation among
    existing professionals
  • Improving morale reducing attrition promoting
    career development

11
Alignment Discussion
  • What is driving the need for better knowledge
    sharing?
  • Whats keeping the CEO awake at night?
  • Whats keeping the business managers awake at
    night?
  • Reducing cost
  • Increasing efficiency
  • Improving products services
  • Making better, faster decisions
  • Professional and career development
  • Time to competence
  • Post-acquisition integration
  • Innovation
  • Productivity
  • Information overload
  • What else?

12
...and is there a KM component in possible
solutions?
  • What are the critical processes that suffer most
    from information and knowledge gaps?

13
Main Factors in KM Delivery
People (culture)
KM
Process
Technology
14
Degree of Difficulty
People (culture)
Process
Technology
15
Main Factors in KM Delivery
People (culture)
Process
Technology
16
KM Elements
  • Developing and using knowledge assets
  • Organizing and presenting knowledge assets to
    users efficiently
  • Systematically hosting tacit knowledge (who and
    what you know)
  • Building and fostering communities of practice
    around operationally-important themes and areas
    of responsibility
  • Enabling collaboration (within communities of
    practice and larger communities)
  • Capturing and validating incidental knowledge
    produced as a by-product of community
    collaboration
  • Nurturing a cooperative culture

17
The Knowledge Iceberg
  • Explicit knowledge
  • written, codified, stored
  • Conscious tacit
  • things you know you know, things you tell others
  • Unconscious tacit
  • Deep knowledge things you dont know you know,
    instincts. Gold dust!

18
Similar Initiatives
  • Total Quality Management/Six Sigma
  • Health, Safety, Environment
  • These succeeded when they were embedded in the
    organizations culture.
  • They became recognized contributors to the
    bottom line.

19
Is KM Technology?
  • No technology only helps facilitate KM
  • Classic KM techniques (Peer Assists, Connecting
    People, AARs, Retrospects, and creation of
    Knowledge Assets) do not require technology at
    all
  • Technology can provide a force-multiplier the
    tipping point
  • Technology typically not more than 30 of KM
    costs

20
KM in the Workflow
Teams and Departments
Leveraging Knowledge
Communities and Networks
21
Schlumbergers Legal KM Effort
  • Technology
  • Communities of Practice

22
Prior Projects Lessons Learned
  • Alignment with business (and operations
    management)
  • Make sure peoples names are attached to the
    knowledge (e.g., in Knowledge Assets)
  • Burn some bridges!
  • Communities work best when managed least

23
More Focus On
  • Training
  • Basic KM techniques (AARs, Peer Assists,
    Retrospects)
  • embed these in the process
  • Reinforcing lessons and examples raise trust
    confidence levels
  • Define KM roles
  • Culture barriers vs. enablers

24
Degree of Difficulty
People (culture)
Process
Technology
25
Culture Shifting from Barriers to Enablers
  • Knowledge is power
  • Building empires
  • Individual work bias
  • Local focus
  • Not invented here
  • Outside knowledge
  • Penalizing errors
  • Not paid to share
  • No time to share
  • Power KnowledgeShared
  • Building new relationships
  • Team/collaborative bias
  • Network focus
  • No single-source solutions
  • Seeking learning from others
  • Learn from missteps
  • Reward sharing
  • Sharing is part of the job

26
Getting the Balance Right
People (culture)
  • Managing knowledge is 20 about technical
    solutions, and 80 about people management and
    cultural issues.
  • Stephen Denning
  • (World Bank)

Process
Technology
27
How to do KM Efficiently and Successfully
  • Be Systematic
  • Assess
  • Select
  • Define
  • Execute (and Train)
  • Operate
  • Define, Measure, Analyze, Improve, Control

28
Planning
29
Planning
30
Assessment Process
  • Baseline (for improvement measure)
  • Benchmark (for comparisons)
  • Strengths
  • Weaknesses

31
Assessment Example
32
Benchmarking Predictions
33
BOSTON SQUARE - Specific Initiatives
Relative Difficulty
34

High impact
26
17
5
6
42
15
25
41
37
3
21
11
12
38
31
20
22
Lower impact
Relatively easy
Relatively hard
35

High impact
26
17
5
6
42
15
25
41
37
3
21
11
12
38
31
20
22
Lower impact
Relatively easy
Relatively hard
36
For More Information on KM
Polley, "Share the Wealth What Knowledge
Management Could Mean to your Legal Department"
ABA Business Law Today Nov/Dec
2003 http//www.abanet.org/buslaw/blt/2003-11-12/p
olley.shtml and www.knowconnect.com
37
Questions Discussion
More questions? Contact me.
Write a Comment
User Comments (0)
About PowerShow.com