KNOWLEDGE sharing in challenging times Sue Spafford Wisdom2u Limited Challenging Times 2 The Anorexic Corporation? Do more with less Avoid burnout & ‘karoshi’ In uncertain times, innovate But how? 3 The world is changing…….. 2010 & 2011 Prius, Avensis & Lexus recall 2009 Deepwater Horizon oil spill $1.4b fine, largest criminal fine in US history awarded against Pfizer 2005 Texas oil refinery explosion $87m fine for >700 safety violations 4 Generation Y “Generation Y – the young people entering the workforce now – have grown up with Facebook, Twitter et al. It’s the way they communicate – and they are quite frankly a bit mystified when they get into the workplace and find these communication tools are not readily available.” Professional Manager Journal Nov 2010 5 The ‘Socialverse’ and iGeneration 6 Social Media Success 7 Social Media - Caution Global conversations Global conversations 8 The Tightrope Challenge Security Compliance Intellectual Property Learning Data Protection Collaboration Reputation Sharing Innovation 9 Continuing Challenges Engaging with senior management Talking the right language Demonstrating tangible benefits Generation Y vs Generation ‘W’ 10 Learning Change Organisational Capability Knowledge Innovation Based on Birchall & Tovstiga 2005 Capabilities for Strategic Advantage 11 Building Commitment & Buy-in Language of senior management Translate K-speak Provide real-life examples What does it mean for us? Transfer passion & belief 12 Dutch Ministry of Foreign Affairs ‘Better with Less’ initiative 10% staff reduction Knowledge critical to success Vision of k-intensive organisation 2009 Knowledge Passports Support 3-4 year staff rotation Incentives through CPD for continuous learning 13 A Message from Toyota “History shows that great companies learn from their mistakes” Toyota’s message to its customers, 2010 14 ‘C’ is the new ‘K’ Collaboration Co-creation Crowdsourcing Curation Commissioning 15 Collaboration – an expectation BS11000 World’s first collaborative relationship standard Effective 31 October 2010 16 BS11000 Part 1 framework – 8 step approach Improve performance, enhance competitiveness Strategic partner selection Common objectives, risk share, gain share Relationship management plan Exit strategy 17 Collaboration despite challenges Next generation air traffic control system NATS, Lockheed Martin & Indra BAE Taranis unmanned combat aircraft Partnership of BAE Systems, RollsRoyce, QinetiQ, GE Aviation & MOD 18 Co-creation at Local Motors US next generation car manufacturer De-centralised manufacturing Community of >4k car enthusiasts Feed knowledge into new designs through Web2.0 technologies DARPA combat vehicles www.local-motors.com 19 Crowdsource to Resource Atlantic Council Security Jam 2010 Iceland’s new constitution 2011 New York Public Library Corner shop CCTV Galaxy Zoo Hubble images 20 Crowdsource to Create & Innovate Kingfisher’s Innovation Den RM’s Entrepreneur of the Year award Snowdozer OpenInvo Marketplace 21 Internal You Tube service Knowledge nuggets and learning Proof of concept – apprentices & mentors ‘Just Do It’ mantra Quantify savings & generate stories £8m savings pa from PoC Pilot of 8k – savings 53% ahead of target 22 Curation - as important as Creation More video content is uploaded to YouTube in a 60 day period than the three major U.S. television networks created in 60 years. Source: Mashable Feb 2011 There is an unprecedented opportunity for companies and individuals to gain authority and become thought leaders by being the ones who “separate art from junk for people to understand it.” Source: Steve Rubel, Edelman (Publisher of the Trust Barometer survey) 23 Is there an app for that? 2010 - 10.9b downloaded 2014 - 77b downloads predicted LGA Improvement Board £370m savings by 2013/14 My Council Services Army Marketplace BarMax $1000 app iPads in schools 24 Challenges, but Opportunities Ideas for new conversations Initiatives with tangible results Examples of best practice Spread the word 25