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29 of 32 people found the following review helpful:
5.0 out of 5 stars
"A Model for Best Practice Transfer", January 19, 2001
"This is not the first book about managing of transferring knowledge and it is certainly not the last book about knowledge management (KM). There are many excellent books about knowledge management..., but we think our book is unique. Here's why: First,...It's a book about how to improve the performance of your organization...Second, this book is not based on theories or speculation. It is anchored in successes, mistakes, and real-life case studies. It is not a spiritual guide or a technology manual. The experiences, thoughts, insights, and conclusions herein are based on surveys, site visits, and design work with over seventy organizations of all shapes ans sizes...This book is primarily about internal transfer of best practices in organizations. That is, the transfer of best practices from one part of an organization to another part-or parts-in order to increase profitability or effectiveness...Finally, it is also a book about the transfer of knowledge, specifically, the effective management of knowledge inside an organization...This book will focus largely on 'internal benchmarking'-looking inside your own organization-and transferring best practices" (from the Preface).In this context, Carla O'Dell and C.Jackson Grayson,Jr., in Chapter 4, write that "the internal transfer of knowledge is about finding out what you know, and using it to improve performance. It is about leveraging the value of knowledge you've already got. Whereas different companies adopt different approaches to finding and sharing internal know-how, they all seem to pursue one single strategy with great vigor: the transfer of internal best pactices", and then lay out a model that will guide the rest of the book. It has three major components: 1. The three value propositions- Companies must transfer knowledge and best practices to create value, and value is created by translating knowledge into action. But exactly what 'value' are we talking about? Thus, the first step toward profitable management of your company's knowledge asset is choosing the right value proposition. * Customer intimacy- Increase revenue, reduce cost of selling, and increase customer satisfaction and retention. * Product-to-market excellence- By reducing time-to-market, and designing and commercializing new products more quickly and successfully, we will increase revenue, retain market lead, and grow our profit margins. * Operational excellence- Boost revenue by reducing the cost of production and increasing productivity, and raise performance to new highs. 2. The four enablers- The second step is creating the most supportive environment for transfer, by designing and aligning the enablers of transfer: culture, technology, infrastructure, and measurement. 3. The four-phase change process- The third step is change process would likely follow the following four phases: plan, design, implement, and scale-up. Finally, they write that "Sure, companies have embarked on change efforts before. This one is diffrent. It's different because the improvement work is anchored in real-life practical knowledge-the know-how and intelligence other people within your own company have developed and used. It has worked for others. It can work for you. The key for making this work is threefold: 1. You've got to have a clearly defined purpose: the value proposition. 2. You've got to understand and leverage various organizational enablers, from infrastructure to technology, from measurement to culture. 3. You've got to have an organized way for achieving it: the four-phase process. The reminder of this book is about these three components and the companies that illustrate their effective use." Highly recommended.
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