152 Posts Found

Every organization has a wealth of knowledge stored in the memories and intuitions of its employees. This tacit knowledge is shared through formal and non-formal networks which bond and motivate people within the organization. Karen Stephenson goes at the importance of trust in the creation of such networks and explains why managers must harness the power of networks to efficiently guide innovation and change. … [ Read more ]

Content: Article | Author: Karen Stephenson | Source: LeaderValues | Subjects: Knowledge Management, Organizational Behavior

Executives might feel like kids in a candy store with today’s tempting array of technology tools that can help build the organizational knowledge needed to achieve strategic business goals.

Content: Article | Author: Stewart McKie | Source: Business Finance Magazine | Subjects: IT / Technology / E-Business, Knowledge Management

Truth comes out of error more readily than out of confusion.

Content: Quotation | Source: Zaadz | Subject: Knowledge Management

New research indicates that large international companies are moving beyond centralisation to tap the creativity and brainpower of their foreign subsidiaries. The impact is proving positive for both the centre and the periphery.

Content: Article | Author: Karl Moore | Source: European Business Forum (EBF) | Subjects: International, Knowledge Management

The proprietary knowledge that resides in the minds of a company’s top professionals is a source of competitive advantage. An effective, efficient, company-wide knowledge market can deliver this power in ways that past efforts at knowledge management have failed to do. By creating a market mechanism for knowledge and a culture that encourages employees to share valuable knowledge with peers, companies can aggregate internal supply … [ Read more ]

Content: Article | Author: Lowell Bryan | Source: McKinsey Quarterly | Subject: Knowledge Management

This paper establishes a framework for analyzing knowledge integration across organizations from a corporate standpoint, pinpointing the challenges of a firm wishing to effectively integrate knowledge among its business units to improve its efficiency as a unique firm and its effectiveness through a better competitive positioning. Typical examples are those of a firm whose divisions benefit from better knowledge sharing in specific areas, or of … [ Read more ]

Content: Article | Authors: Rafael Andreu, Sandra Sieber | Source: IESE Insight | Subjects: Knowledge Management, Organizational Behavior

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This impressive site is aimed at senior executives and policy makers and advises on creating and implementing successful knowledge-based strategies. The site’s areas of expertise include strategy development, planning and implementation, knowledge commercialization and analysis of developments and best practice in knowledge management. First-time visitors to the site may wish to follow the ‘K-Map’ for a guide to the key pages that will be most … [ Read more ]

Content: Online Resource | Source: David Skyrme Associates | Subject: Knowledge Management

We do not know one millionth of one percent about anything,” said Thomas Alva Edison who probably wouldn’t have appreciated Professor Davenport’s observation that the most valuable asset companies have is the knowledge of their employees. More than ever, companies are realizing that their real advantage lies in what they know. But how do you manage knowledge?

Enunciating 10 principles of knowledge management, Professor Davenport … [ Read more ]

Content: Article | Author: Thomas H. Davenport | Source: strategy+business | Subject: Knowledge Management

New case studies in Denmark highlight the value which is lost when managers fail to tackle the human challenge of the corporate intranet.

Content: Article | Author: Jens Gammelgaard | Source: European Business Forum (EBF) | Subjects: Knowledge Management, Organizational Behavior

“Say you’ve just been appointed the CKO – Chief Knowledge Officer – of your organization. You are responsible for managing the company’s knowledge capital, including how it is created, maintained, and used. You understand the principles of learning organizations and believe that effective learning is the pathway to accelerated performance improvement. Now you need to know what the pathway looks like and how you can … [ Read more ]

Content: Article | Authors: Nils H. Bohlin, Paul Brenner | Source: Prism (Arthur D. Little) | Subjects: Knowledge Management, Organizational Behavior

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Bain has been an early adopter of knowledge management (KM) and demonstrated strong KM leadership. It is clear that the deployment of Bain’s corporate portals (CP) significantly improved the speed and accuracy of knowledge flow in the firm. Most importantly, three of Bain’s core explicit values are clearly revealed in the design and practices related to the deployment of BVU and GXC: a continuous learning … [ Read more ]

Content: Article | Authors: Mark Horwitch, Robert Armacost, Steve Tallman | Sources: Bain & Company, Butterworth Heinemann | Subjects: Case Related, Knowledge Management

Reverse knowledge transfers are beneficial to MNCs, but just how much so depends on the subsidiaries’ strategic mission, its country’s economic development and the ability of headquarters to absorb incoming information.

Content: Article | Authors: Björn Ambos, Bodo Schlegelmilch, Tina Chini | Source: European Business Forum (EBF) | Subjects: International, Knowledge Management

Leaders everywhere are grappling with organisational issues, as they align their strategies to reflect a new set of competitive givens. And as they reshuffle, spin off or acquire, the overriding global vs. local dilemma has not only become old, it’s become painful. Because knowledge will ultimately differentiate leaders from followers, it is a company’s ability to leverage its knowledge that will secure its competitive edge, … [ Read more ]

Content: Article | Author: Philippe De Backer | Source: Bain & Company | Subject: Knowledge Management

We do a lot of brainstorming … projects, problems, reports, how to communicate a difficult idea. And we’re pretty visual folks around here – we work best when we can “see” our thoughts and how they relate. MindManager is the tool that lets us develop our ideas and map out plans of action visually, on the spot, then share those creations with others. It’s an … [ Read more ]

Content: Online Resource | Source: Mindjet | Subject: Knowledge Management

No amount of technological wizardry will enable a company to succeed without first knowing how information makes a contribution to all aspects of its business. This includes information for strategy development, process improvement, customer responsiveness and product innovation. But how do you make data and technology useful to the business?How can your company use information more effectively?

Content: Book | Authors: Donald A. Marchand, Thomas H. Davenport | Subjects: IT / Technology / E-Business, Knowledge Management

The building blocks of knowledge management represent activities that are directly knowledge-related. Their arrangement in the model follows certain principles. An inner cycle consists of the building blocks of identification, acquisition, development, distribution, preservation, and use of knowledge. An outer cycle consists of all these activities plus goal-setting and measurement. This feedback cycle clarifies the importance of measuring the measurable variables in order to focus … [ Read more ]

Content: Article | Author: Gilbert J. B. Probst | Source: Prism (Arthur D. Little) | Subject: Knowledge Management

Businesses have had a rough time marshalling what they know into systems that help cut costs and boost profits. A survey by Bain & Company shows that top managers do not think that knowledge management (KM) is an effective tool. But new lessons from the U.S. Army are showing the business world that KM can be highly effective. This story defines KM crisply, explains why … [ Read more ]

Content: Article | Authors: Mark Horwitch, Robert Armacost | Source: Journal of Business Strategy | Subject: Knowledge Management

Once an academic toy, idea markets are increasingly becoming a practicable business tool. Today software for idea markets is available from several vendors, and some firms and researchers have substantial experience in designing and running these markets. Corporations in Europe and the U.S. are beginning to apply these markets, from forecasting industry trends to picking merchandise categories that will be most popular with consumers. … [ Read more ]

Content: Article | Author: Ajit Kambil | Source: Harvard Business School (HBS) Working Knowledge | Subjects: Best Practices, Knowledge Management