Data meaning language practice values 7-Oct-2011IeMBA - KMNT 645 - Day 21 information.
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Transcript of Data meaning language practice values 7-Oct-2011IeMBA - KMNT 645 - Day 21 information.
IeMBA - KMNT 645 - Day 2 2
what did we do yesterday ?
• types of knowing / knowledge
• types of KM project
• look at the world through the BM
• elements, interaction and pulse of BM
• KM focuses on surfacing and managing the knowledge aspects to be synthesized. It connects to the world via the BM
• (DIKW)
7-Oct-2011
6th IFKAD 2011 3
KM - its past & present
• Larry Prusak - IT, globalization, economics of knowledge
• Jay Liebowitz - KM (IT) and the info-management future
• Leif Edvinsson IC - accounting, the IC metrics future
• knowledge flows - making system work better (K-plumbing)– firm, industry, region, nation, individual
• Nonaka & Takeuchi 1995 - (a) tacit K, (b) K-generation
18-Jun-2011
IeMBA - KMNT 645 - Day 2 4
interactions & methodology• instances - generalities
• practice - reasoned
• human agency, Murphy’s Law, work-arounds, …
• options, choices, values - aesthetics, style
• intangibles
• ‘knowledge work’
7-Oct-2011
2nd EDEN Seminar on Intangibles & IC 51-Oct-2011
tangiblemeasurable
intangiblenot measured
knownstrategic value ✔
no known strategic value
universe of things known to exist= resources
codification
valuation
beyond ‘assets’ - to intangibles
2nd EDEN Seminar on Intangibles & IC 6
KM’s target - beyond scientific management
• synthesis of causal and agentic ways of knowing
• e.g. interplay of rivalrous and non-rivalrous resources (assets and potentials)
• intangibles are of two very different types - unmeasured assets (ICa) and unrealized potentials (ICp)
• how to control these differing resources ?• unmeasured assets - simply do better,
improve accounting, e.g. churn rate• unrealized potentials - i.e. human agency• entrepreneurial imagination - vision• agentic activities of the people comprising
network that creates value
1-Oct-2011
measured unmeasured
causal asset - TCa ICa
agentic tool - TCp ICp
realized unrealized
6th IFKAD 2011 8
double spiral of a non-zero cost - non-equilibrium world
18-Jun-2011
human agency - making a difference
in the world
IeMBA - KMNT 645 - Day 2 97-Oct-2011
measured unmeasured
causal asset - TCa ICa
agentic tool - TCp ICp
realized unrealized
IeMBA - KMNT 645 - Day 2 10
Penrose’s business model
• management team
• services = f (resources, team’s K)
• rate of growth
• K carry-forward
• extensibility of K
• non-rivalrous (low cost) resource
• KBV versus RBV
7-Oct-2011
IeMBA - KMNT 645 - Day 2 11
KM - again
• management of priced and unpriced assets & capabilities (TCa, TCp, ICa, ICp) and their interaction/s
• relationships - market and non-market
• BM - the firm as a lens on the world
• metrics ?
• strategic layers, time horizons / pulses
• diagnosis, discovery of action options and constraints
• the centrality of the entrepreneurial / strategic imagination
7-Oct-2011