K Community talk at Informatics ,Bangalore By Sourav Mukherji The talk basically focused on the evolution of KM in organizations . The motivation for this interest in Knowledge and management has come about primarily due tot he following reasons Knowledge is the only source of sustainable competitive advantage It is a resource that can give competitive advantage is valuable ,rare,inimitable and nonsubstitutable. Increase in the knowledge component of most products and services that we use. The rapid advancement if IT which is an enabler for knowledge management. It has helped knowledge management by providing tools for processing,storage,communication ,search algorithms etc for Data,Information and knowledge. Organizations need to continuously innovate to remain competitive. However large organizations do not seem to be innovating as fast as small organizations. There is a lot of research about the innovation process in mature organizations i.e. they try to answer the question of how to maintain competitive advantage by innovating continuously? But there is a dearth of literature about how innovations happens in the nascent and new organizations. First Steps in Knowledge Management Guiding Principles Learn once,Use multiple times Economies of Scale and Scope Reuse Alignment with business objectives Process and technology This covers the following aspects of the management of knowledge. Information and Communication Technology Databases,Search Algorithms Currency and Version control Metrics and Measurement Organization and Human Resources This aspect covers Incentive systems for KM Matching of Demand and Supply Evangelization,leadership commitment Cycle of Knowledge creation and sharing Individual Group Socialize ,Externalize Interpret Experiment,Acquire,Insight Internalize,Apply Codify ,integrate ,Institutionalize The also pointed out that Knowledge generated inside a group resides within a group even after the members of the original group have left. Enterprise KM system He said that the basic components of Enterprise KM system are Applications Processes Infrastructure and these need to be managed to build an effective system. Measurement of KM efforts Initially it was thought that KM efforts could be measured like the quality initiatives in an organization. But in KM measurement it is difficult as to attribute how much of the results were a consequence of the KM efforts. Organizations use Objective and/or Perceptual measures to evaluate their KM efforts eg -Wipro considers the engagement with the KM site by its employees as one of the measures. Deployment of KM solutions This involves successive trade offs. Start small or big:Should the organization first experiment with KM in a small group or should it go for a organization wide implementation. Financial Incentives or Social Incentives:Financial incentives might be a good idea to begin with but in the log run as the KM process matures the social incentives are more important Data,Information or Knowledge: Transactions or Interactions First Inflexion point in KM Significant part of knowledge is not amenable to documentation Complex ,intangible & tacit Architectural & system Organization Specific Contextually Embedded Causally ambiguous Private and path dependent Abstract and conceptual Intuitive and Expertize driven Due to the above characteristics of Knowledge,we have the following consequences Knowledge is less amenable to imitation or spillover Sustainable source of competitive advantage Difficult to manage or measure Therefore such knowledge can only be shared or recreated people to people. The 2 approaches to managing knowledge are Codification:Codify knowledge in documents and databases to gain from reuse Personalization:Making people to people connections for synthesis of expertise eg :British petroleum conducted an exercise to codify the knowledge of one of its scientists who was an expert in locating oil wells. They engaged Prof Simon who tried to make an artificial neural network model of the scientists brain. But the project was finally declared a failure since such a model could not be built .But Prof Simon himself had become another expert in location oil wells. This shows that some knowledge can only be transferred through socializations and cannot be easily externalized. He also gave the example of Strategy consulting firms. Firms like McKinsey go in more for personalization and socialization for their knowledge transfer since they offer customized solutions to novel problems. Their work in expert economics. But firms like E&Y,Anderson focus more on codification since they prefer to invest in a solution once and reuse it many time. This is reuse economics. WIPRO'S KM SYSTEM Document Repository Experts Repository Collaborative Platforms Explicit Knowledge focus Creation of Domain Specialists User groups with specific interests Reduce rework Increase efficiency Make people to people connections Communities of Practice Blogs ,Social Networks It is also important to understand that the learning habits of individuals differ and to enable KM systems to cater to the needs of the entire organization. Knowledge Transfer Between Projects Components of Project memory are Project Context :Goals agendas and players involved Project Process:Tacit,Difficult to capture Decision Rational:Tacit,Difficult to capture External Artifacts:Project Source,Output documents Transfer of Tacit knowledge is bound by time and space. Failures and the learnings they offer It is important to articulate failures in an organization clearly since this will help to see that they are not repeated. Eg: Toyota has Failure museum which showcases failed prototypes.