Setting Knowledge in Motion: The Keys to Creation

You know effective knowledge creation when you see it – firms use it to create, innovate and grow successfully. But how can you tell what’s behind it, making up those winning formulas? Are antecedents of new knowledge creation specific to the firm (individual absorptive capacity and informal networking), the contextual environment (the nature of problem situations being faced by the firms), or both? Dr. Christine … [ Read more ]

Capitalizing on Economic Value Added

EVA is a measurement tool designed to strengthen companies’ return on capital investments. A study of best practices in EVA reveals that the metric can help reduce capital costs and improve gross revenues.

Keys to Making Your Offsites Effective

Companies use offsite meetings to recharge management and set clear goals and tactics. But is your company getting the most out of this time? One idea: Consider hiring an outside facilitator.

Keys to Effective Executive Off-sites

  • Set aside sufficient time.
  • Set clear goals and agendas.
  • Set and enforce guidelines for interactions.
  • Employ exercises to help participants learn and use new concepts.
  • Recruit experienced facilitators.
  • Follow up

[ Read more ]

Value Based Pricing Saves the Day!

Hammered by competitive thrusts and pressured by customer demands for lower prices, companies are increasingly finding prices in a downward spiral. But price problems are rarely pricing problems! Value pricing provides the alternative!

How Co-Dependent are You?

If the working interactions between your company and your partners is co-dependent, welcome to the crowd.

Editor’s Note: An interesting real-life example to illustrate the larger issues.

Managing for Value: It’s Not Just About the Numbers

Value-based management (VBM) – it sounds straightforward, but VBM works only if you understand that it’s more about cultural change than financial change. However, many companies expect too much from VBM too soon, and they give up on it too early. Professors Philippe Haspeslagh, Tomo Noda and Fares Boulos highlight the approaches to successful VBM implementation.

A New Team Development Model

A look at 7 points to consider in setting the stage for effective team-work as outlined originally by Organization Development pioneer Richard Beckard.

DenhamGrey KM Wiki

Consultant Denham Grey calls his Web log and resource portal “the largest collaborative KM repository on the Web,” and he may be right. Grey’s site is an entertaining-not to mention informative-collection of personal essays, links to a wealth of knowledge management resources and, well, just interesting stuff. Here you’ll find articles on everything from knowledge practices to knowledge tools, from the KM market to KM … [ Read more ]

Why Companies Fail

CEOs offer every excuse but the right one: their own errors. Here are ten mistakes to avoid.

Maslow on Management

Knowledge Management: Practices and Challenges

This paper discusses the basic definitions of knowledge and KM followed by KM events, practices, and challenges. It concludes with remarks on the future of KM.

Memo to: CEOs

Business is at a crossroads. Scandal and recession have cast a pall on the way CEOs go about leading their companies. Three distinguished professors send this memo — Five Half-truths of Business — as a wake-up call.

The five:
1. We’re only in it for ourselves
2. Corporations exist to maximize shareholder value
3. Companies need CEOs who are heroic leaders
4. Companies need to be lean … [ Read more ]

Leadership and Loyalty

Do you (or your company) deserve the loyalty of customers, employees, partners and shareowners? Think about your answer from their perspective.

The Living Company

The average life span of a Fortune 500 company is less than half a century, yet there also are corporations around the world that have been in business for 200, 500, even 700 years. Arie de Geus, a retired Royal Dutch/Shell Group executive, maintains after studying both extremes that the most enduring treat their companies as “living work communities” rather than pure economic machines. The … [ Read more ]

Managing Complexity

Hundreds of major corporations are implementing a Balanced Scorecard in their quest to increase shareholder value. But success is in the details.

Jack Falvey

Managing strengths and differences is far more difficult than pointing out weaknesses and requiring conformity.