Knowledge Management Systems • Week 2 Schedule - Syllabus Updates Web Site Blogs Analysis Groupware Analysis Topic Review & Selection Readings Discussion Questions to Consider • • • • • What is KM? What Does KM Provide? Best Approaches for KM? KM as a Process? Who Does KM? Working Knowledge • What Do We Talk About When We Talk About Knowledge? • The Promise and Challenge of Knowledge Markets • Knowledge Generation • Knowledge Coordination and Codification • “the only unlimited resource” – Paul Romer Talking about Knowledge? • Information Technology has enabled a promise that knowledge can be managed, captured, measured and transferred. - Speed of Transfer • SIGs and User Groups • Too Fast? - Measurement of Knowledge? • Quantitative and Qualitative • Decision Making - Economics of Knowledge • Nobel Prize(s) • Business Process Modeling Knowledge Boom? • • • • • Who are the Knowledge Wildcatters? What are the Knowledge Syndicates? Knowledge De-Regulation? What was going on before the boom? Knowledge Vacuum - Noticing lost knowledge because it is gone. - Working to improve organizational performance. • Driven by Technology? - IT as a means? - IT as a workplace paradigm shifter? Path to Knowledge • Data • Information – Added Value - Contextualized: purpose data is gathered Categorized: key components recognized Calculated: analyzed Corrected: error free Condensed: summarized “the difference that makes a difference” – Bateson • Knowledge - Action (decisions) - Experience (wisdom) Types of Knowledge • Experience - Individuals - Groups - Cultures • Ground Truth - Situational - Active • Complexity - Plastic - Sensemaking - Interpretation Types of Knowledge 2 • Rules of Thumb and Intuition - Heuristics - Proceedures - “Scripts” • Values and Beliefs - Culture (again) - Perspectives - “Beliefs and Commitment” – Nonaka & Takeuchi Seeking Knowledge • Managers get 66% of their Knowledge from face-to-face meetings or phone conversations. P 12 • People find most Web sites via recommendation. (Not much active searching.) Information Seeking in Context Modes of Scanning Scanning Modes Undirected Viewing Conditioned Viewing Information Need Information Use General areas of interest; specific need to be revealed Serendipitous discovery Able to recognize topics of interest Increase understanding Amount of Targeted Effort Number of Sources Minimal Many “Sensing” Tactics • Scan broadly a diversity of sources, taking advantage of what’s easily accessible • “Touring” Low Few “Sensemaking” • Browse in pre-selected sources on pre-specified topics of interest • “Tracking” Informal Search Able to formulate queries Increase knowledge within narrow limits Medium Few “Learning” • Search is focused on an issue or event, but a goodenough search is satisfactory • “Satisficing” Formal Search Able to specify targets Formal use of information for planning, acting “Deciding” High Many • Systematic gathering of information on a target, following some method or procedure • “Retrieving” Modes of Scanning for Information Scanning Modes Information Need Information Seeking Information Use Undirected Viewing General areas of interest “Sweeping” “Browsing” Conditioned Viewing Able to recognize topics of interest “Discriminating” “Learning” Informal Search Able to formulate simple queries “Satisficing” “Selecting” Formal Search Able to specify targets in detail “Optimizing” “Retrieving” Information Seeking Behaviors & Web Moves Integrated Modes & Moves Model Undirected Viewing Conditioned Viewing Informal Search Formal Search Starting Chaining Identifying selecting starting pages, sites Following links on initial pages Browsing Browsing entry pages, headings, site maps Differentiating Monitoring Extracting Bookmarking, Revisiting printing, ‘favorite’ or copying bookmarked sites for new Going directly information to known site Bookmarking, Revisiting printing, ‘favorite’ or copying bookmarked sites for new Going directly information to known site Using (local) search engines to extract information Revisiting ‘favorite’ or bookmarked sites for new info Using search engines to extract information Corporate Web Information Seeking • The Web was the 3rd most frequently used source • Participants spent about 20% of their work hours using the Web • Majority looked for technical information on the Web • Quality of Web information was perceived to be “very high” (reliable) • Web was perceived as accessible as other “internal” sources however less accessible than mass media sources • Few participants deliberately set out to search for new sites Corp. Web Info Seek Attitudes • Most useful work-related sites: 1. Resource sites by associations & user groups 2. News sites 3. Company sites 4. Search engines • Most people do not avidly search for new Web sites • Criteria to bookmark a site is largely based on a site’s ability to provide relevant & up-to-date information • Methods for identifying new Web sites: 1. Search engines 2. Magazines & newsletters 3. Other people/colleagues Knowledge Interpreted • • • • Is Knowledge a Product or a Service? What isn’t Knowledge once interpreted? That Difference that makes you more Competitive? Knowledge is the main difference, the principle advantage. - Technologies eventually evens out - The changes to culture and individuals don’t. • Information Technology can enable changes that last beyond their influence. - Networked Knowledge - Networked Organization Knowledge Markets • Economists moving into KM? • Markets Mean Measurement - KM Mutual Fund? - KM Index Fund? • Political Economy of Knowledge Markets - Organizations - Individual Roles • Buyers • Sellers • Brokers (Gatekeepers) Knowledge Economy • Pricing - • • • • • Current Value Future Value Current Investment Future Investment Reciprocity Repute Altruism Trust Signals Knowledge Economy Efficiencies • Is there ever a perfect market? • What is the KM equivalent of “Irrational Exuberance”? (Greenspan, Shiller) • Incompleteness - Where is the Knowledge? - Who sets the price? • Asymmetry - One Department, One Person • Localness - Neighbors - Peers - “Satisficing” (Simon and March) Knowledge Market Pathologies • Monopolies - Technological - Organizational • (Artificial) Scarcity - Recency - Frequency • Trade Barriers - IT - Personnel - Culture • Building Marketplaces - Shopping Time - Cultural Shift - Technological Shift Information as Product • “The Age of Also” - Options are Golden Handcuffs - End in Itself • Prosumption - The Age of User Groups (Teach & Learn at Once) - Society and Consumers (Precision & Repetition) • Information Presentation - Medium is the Message - Varieties of Literacy • The Internet Changes Everything? - Empowerment? (Value) - Speed? Knowledge Generation • Acquisition • Rental • Processes - R&D Fusion Adaptation Innovation • Resource Allocation Knowledge Codification • Goals for Codified Knowledge • Identify Knowledge in Various Forms to Reach Goals • Evaluate Knowledge for Utility and Codification • Resolve Medium for Codification and Access Types of Knowledge • Tacit Knowledge - Internalized “Not Known” Serendipitous Difficult to Capture • Explicit Knowledge - Externalized Easily Found Permanent Difficult to Process for Utility Capturing Knowledge • • • • • • Maps Narratives Surveys Measurement as Capture Anthropology Technology Coordinating Knowledge • • • • • Communities (of Practice) Networks Knowledge Marketplace Evaluation IT R&D Knowledge Packet Tracing