Insights Blog

On Digital Transformation and Knowledge Management

Posted by TallyFox on 28 May 2017
  What makes Luis Suarez (Digital Transformation & Data Analytics adviser at Panagenda) insightful is not just his two decades of experience, it is the fact that he practices what he preaches. He challenges the way people communicate and collaborate by not relying on e-mail for all interactions and the way knowledge workers, typically, collaborate and share by promoting openness, transparency, trust, sustainable growth, engagement, connectedness and, overall, smart work.   He would say that he is a wirearchist, a Chief Emergineer and a People Enabler, and he explained why in this interview.    We had to ask about the e-mail first...
Posted by TallyFox on 25 May 2017
  Reintroduced by Moore nearly two decades ago, the ecosystem concept has been frequently discussed in management studies as a connection between system thinking and evolutionary economics. Today, rather than viewing ecosystems as platforms, they are viewed as structures of relationships between interacting participants. The ecosystem metaphor, on the other hand, is frequently used without being clearly defined, which in turn has yielded several somewhat overlapping concepts such as business, service, innovation, industrial and knowledge ecosystems.  Making Sense of Ecosystem Concepts To understand ecosystems, we must first understand system boundaries....
Posted by TallyFox on 24 May 2017
The world is going through a digital transformation and its aim is to improve the way we live. The same goes for digital business transformation. Why? It is clear that digital business transformation is about providing organizations with opportunities to create new customer, product and market value. Most of the challenges and opportunities, however, reside in organisational change, affecting people, processes, structures, strategies and competitive dynamics.    We are all acquainted with Kodak's story and its lack of initiative to undergo digital transformation in a timely manner, as opposed to Fuji Films who managed to do the opposite. These two stories are...
Posted by TallyFox on 23 May 2017
When asked to define corporate culture, one might draw an analogy between human beings and organisations by saying that just as a human beings have personalities, so do the organisations whose personality lies in their organisational culture. When you break it down into components, organisational culture is the outcome of a mix of tangible, easy measurable elements and intangible elements which are essential to organisational success. So what do we need for organisational success? A great leader, who knows how to merge mission, values, and vision into a strong organisational culture. Without exceptional leadership, even the best mission, values and vision statements cannot come...
Posted by TallyFox on 28 April 2017
In today's market, where companies need valuable insight to stay competitive, software must be able to provide them with ways to access those insights, wherever they are.    Why?    We never know what information we are going to need and where we can find that information but one thing is true: nearly all business operations are conducted between companies and their trading partners.    Let’s take the automobile manufacturing market as an example. The collaboration takes place within a network of suppliers and distributors to push a product to the market. A vehicle's components are generally manufactured by different companies, and...
Posted by TallyFox on 27 April 2017
A company operating in the 21st-century should invest an equal amount of effort into developing its talented employees as it puts into recruiting them.   Why?   The value of new employees grows as they gain knowledge about the organization and its customers needs. Companies who support their talented people gain long term competitive advantage, and employees are rewarded by maximising their visibility and adaptability and creating a network of knowledge to help them feed and develop their expertise. Smart companies understand the competitive value of talented people and spend considerable time identifying and recruiting high-caliber individuals. ...
Posted by TallyFox on 25 April 2017
Folksonomies is a term coined by combining "folk" and "taxonomy" and the author of the term is Thomas Vander Wal.  These user-defined metadata collections were accepted as part of social software applications that enable users to collectively classify and find information via shared tags. Do not mistake folksonomies for taxonomies. Folksonomies structure content via user tags; taxonomies are classifications structured by more formal methods that do not automatically include user-generated tags and are not viewed as equivalent.   Let's take a step back and explain how folksonomies work   Tagging content is a way to create links between items as a means...
Posted by TallyFox on 24 April 2017
David Weinberger's perspective is truly unique. We might say that the reason is his work as David is the co-author of the Cluetrain Manifesto, senior researcher at the leading Harvard Internet center, a writer with innumerable publications in Wired, Harvard Business Review, KMWorld, Scientific American, to name a few, and a sought after keynote speaker around the world who leaves the audience smiling.   But the answer perhaps lies in his philosopher's training and years of experience on the front lines of the Internet economy.   When businesses want to discover the ways in which our networked technology is challenging our most basic assumptions, changing...
Posted by TallyFox on 29 March 2017
When McKinsey wrote a report in July 2012 entitled The social economy: Unlocking value and productivity through social technologies, they understood that raising the productivity of knowledge workers is the most powerful application of social technologies.    They noted in their report: “The average interaction worker spends an estimated 28 percent of the workweek managing e-mail and nearly 20 percent looking for internal information or tracking down colleagues who can help with specific tasks. But when companies use social media internally, messages become content; a searchable record of knowledge can reduce, by as much as 35 percent, the time employees spend searching...
Posted by TallyFox on 28 March 2017
There are officially 112 software options advertised as knowledge management solutions. Many of them are just collaboration or information management solutions, and won’t help advance knowledge transfer in your organisation, but this doesn’t mean they are bad.    This article will outline the features KM experts agree that all KM solutions should have in order to promote knowledge sharing, but also be straightforward to use.  What do users expect? Familial interface   User experience has been taken to another level with the rise of social media platforms. One in five people has at least one social media profile. Facebook alone has 1.87 bn users...

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