Chapter 14 Managing Knowledge Applying Innovation By David O’Sullivan and Lawrence Dooley © Sage Publications 2008 14-1 Reflections Why is motivation so important in innovation? Give an example of intrinsic and extrinsic motivation. What is the difference between gain sharing and profit sharing? Explain the performance appraisal system. How is the need for new skills implemented in a performance appraisal system? How are individual goals related to organizational goals? 14-2 Activities [Discussion of selected student ‘Activities’ from previous chapter] 14-3 Learning Targets Explain the concept of knowledge and knowledge management Understand the various stages of knowledge management Describe the difference between personalization and codification Explain the different depths of knowledge Explain why organizations need employees to “care why” Show ways in which people can collaborate in sharing knowledge Describe how collaboration can be enhanced through effective meetings 14-4 Defining Knowledge Knowledge is defined as information, together with individual judgment that can lead to informed decisions. Knowledge is embodied in: People Culture Procedures and routines Systems and processes Information systems 14-5 Knowledge Hierarchy 14-6 Knowledge Management The process of managing information, then making it available to people so that they may exercise judgment in the decisionmaking process Process consist of: Generating and acquiring knowledge Representing and codifying knowledge Storing and retrieving knowledge Sharing and distributing knowledge Transferring and embedding knowledge 14-7 Background Organizations utilize less than 20% of their knowledge “If your company knew half as much as it knows it would be twice as productive” 14-8 Stages of Knowledge Management 14-9 Knowledge Sharing To share knowledge appropriately, it has to be translated from tacit to explicit knowledge Principal transfer mechanisms include: Socialization Externalization Combination Internalization 14-10 Codification and Personalization Personalization of knowledge involves the exchange of knowledge and experience between individuals through human contact Codification of knowledge involves using forms, databases, etc. to allow storage and retrieval from the organization’s information systems. The two approaches are not mutually exclusive 14-11 Codification and Personalization of Knowledge 14-12 Depth of Knowledge Know what Know how Know why Care why 14-13 Depth of Knowledge across Teams 14-14 Collaboration 14-15 Knowledge Management Tools Support the management of knowledge generation, codification, and sharing in order to enhance decision making. KM Tools include E-mail and Web portals Content management systems Document management systems Search engines Relational and object databases Workflow systems Customer relationship management Data mining and data warehousing 14-16 Collaborative Portals Collaborative portals are computerbased systems used to generate, represent, store, access, and retrieve information in a distributed asynchronous way across an organization. 14-17 Types of Portals Horizontal Portals Target the entire Internet community Google, Yahoo, MSN and AOL Vertical Portals or ‘vortals’ Specific areas and community members Enterprise Information Portals (EIP) e-Business (Extranet) Portals Personal (WAP) portals 14-18 Major Functions of Portals Sharing information Search and navigation Document management Personalization Automatic Alerts Task management and workflow Integration of applications 14-19 Portlets or WebParts Web components Platform independent Java Servlets Microsoft Sharepoint WebParts 14-20 Portal Vendors 14-21 Concepts, Hierarchy & R’Ships Concepts E.g. Organisation Goals Indicators Hours per Unit Value Relationships Related Type of Relationship Context of relationship 14-22 Columns World Class Manufacturing Facility Skilled Workforce Low Employee Turnover High Insurance premium Lack of inter department communication Frequent product returns due to quality issues Increasing Manufacturing Costs Competition from new low cost entrants Lack of capital for new projects Global downturn continueing New government design grants E-Commerce Opportunities University Graduates … … :) :( :) :| :) :| :) :( :) Strengths … Strengths Strengths Weaknesses Weaknesses Weaknesses Threats Threats Threats Threats Opportunities Opportunities Opportunities … :) :( :) :| :) :| :) :( :) :| :) :| :) :( … Responsible Status Mary Roche Danny Mulryan Andrew Kelly Michael Clark Michael Clark Stewart O'Neill Gary O'Halloran Breda Mooney Luke Davenport David Noone Breda Mooney Stewart O'Neill Stewart O'Neill … … Responsible Status Mary Roche David Noone Michael Clark Stewart O'Neill Danny Mulryan Michael Clark Stewart O'Neill Stewart O'Neill Danny Mulryan … … :) :( :) :| :) :| :) :( :) :| :) :| :| Lists Requirements Group Title Parent Improve Cost Structure (300k) Parent Greater Utilisaton of Assets Activities Parent Pilot Corporate ERP System Group Title Customers Reduced Lead Times A0 Operate SwitchIt Ireland Customers Increased Flexibility A1 Manage SwitchItCustomers Ireland Greater Quality and Reliability A2 Plan & Control Manufacturing Employees Opportunity to Learn on the Job A21 Plan & Control Materials Employees Greater discretion and responsibility Regulations Health and Safety Compliance A22 Plan & Control Production Environmental Compliance A23 Assure & ControlRegulations Quality Community Local Sponsorship A3 Support Operations Suppliers Faster Payment Times A31 Provide Personnel Systems Individuals Suppliers More Accurate Forecasting Accounting Systems … Name JobA32 Title Control Objectives … A33 Provide Engineering Systems Andrew Kelly IT Analyst Group Title A34 Provide Information Systems Breda Mooney HR Manager Capacity Employ low risk strategy towards capacity expansion Capacity Improve capacity analysis techniques Danny Mulryan General Manager Capacity Improve man-power flexibility towards capacity changes David Noone Engineering Manager Statements Capacity Explore Make vs Buy Opportunities Gary O'Halloran Training Manager Responsiveness Collaborate on development of more accurate forecasts Group Purchasing Manager Title Status James Fogarty Responsiveness Explore manufacture-to-order processes MissionQuality Coordinator Efficient manufacture of innovatively produed switchgear solutions … John Sheehan Responsiveness Reduce order delivery times Machinests and Machining expertise … Mary Roche Competencies Finance Controller Responsiveness Improve dealer access and supplier partnerships Competencies Low tax location and ease fo market … Michael Clark Manufacturing Supervisor Organization Migrate towards flatter and leaner organisation Strengths Global Organisation Stewart O'Neill Materials Manager … … 14-23 Reduce Manufacturing Lead Time Reduce Warranty per 1000 units per month … Implement eAuctions on selected items Implement Innovation Training Restart Sports and Social Activities Develop Workgroup Procedures Investigate ERP System Objectives Employ low risk strategy towards capacity expansion Improve capacity analysis techniques Improve man-power flexibility towards capacity changes Explore Make vs Buy Opportunities Collaborate on development of more accurate forecasts Explore manufacture-to-order processes Reduce order delivery times Improve dealer and supplier partnerships … Redesign Assembly Line Relationships Objectives Employ low risk strategy towards capacity expansion Improve capacity analysis techniques Improve man-power flexibility towards capacity changes Explore Make vs Buy Opportunities Collaborate on development of more accurate forecasts Explore manufacture-to-order processes Reduce order delivery times Improve dealer and supplier partnerships Projects … Install Robotic Welding Provide Information Systems Provide Engineering Systems Control Accounting Systems Provide Personnel Systems Assure & Control Quality Plan & Control Production Plan & Control Materials Objectives Employ low risk strategy towards capacity expansion Improve capacity analysis techniques Improve man-power flexibility towards capacity changes Explore Make vs Buy Opportunities Collaborate on development of more accurate forecasts Explore manufacture-to-order processes Reduce order delivery times Improve dealer and supplier partnerships … Plan & Control Manufacturing Activities Defects per Unit Improve Cost Savings Relationships Reduce Absenteeism Indicators Increase Delivery Performance Relationships Relationships 14-24 Applied Innovation - Lists GOALS Statements Requirements Strategies Standards Indicators ACTIONS Ideas Problems Proposals Initiatives Deployment Portfolio … RESULTS Exceptions Reports … TEAMS Teams Workgroups Leaders Reviews … RESOURCES Models, Tutorial, Archive, Advisor, Selector, Information, Services, Customize COMMUNITY Notices, Policies , News, Links,14-25 Forum, Library Applied Innovation - Lists 14-26 Example of KM system 14-27 Types of Meetings Various levels of meeting related to the management of the innovation process take place across the organization. They include: Innovation workshops Innovation team meetings Steering group meeting Project team meeting Individual review meeting 14-28 Summary Explain the concept of knowledge and knowledge management Understand the various stages of knowledge management Describe the difference between personalization and codification Explain the different depths of knowledge Explain why organizations need employees to “care why” Show ways in which people can collaborate in sharing knowledge Describe how collaboration can be enhanced through effective meetings 14-29 Search Online www.microsoft.com/sharepoint www.bscw.com www.wikipedia.org [keyword: collaboration software] 14-30 Activities 14-31 Copyright Copyright © 2009 Sage Publishing, Inc. All rights reserved. Reproduction or translation of this work beyond that permitted in Section 117 of the 1976 United State Copyright Act without the express written permission of the copyright owner is unlawful. 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