Knowledge Markets


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Describes Knowledge Markets as a circular value chain of knowledge services (2006): Background, knowledgemarkets, knowledge services system, application; publication available

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  • Today, I’d like to go beyond knowledge management to discuss knowledge services and knowledge markets.
  • Knowledge Markets

    1. 1. Knowledge Markets: More than Providers and Users Presented to: IPSI Montreal June 30 to July 3, 2006 Albert Simard Director, Knowledge Strategies Natural Resources Canada
    2. 2. Presentation Outline <ul><li>Background </li></ul><ul><li>Knowledge Markets </li></ul><ul><li>Knowledge Services System </li></ul><ul><li>Application </li></ul>
    3. 3. An Opening Thought… “ One of the saddest features of the real world is that goods do not spontaneously present themselves for distribution.”      The Economist (Nov. 5, 1994) Background
    4. 4. Task Group Mandate “ Examine the nature of science-related programs in Natural Resources Canada, describe appropriate elements in the context of Government of Canada Service Transformation, and submit a report.” Background
    5. 5. Orders of Knowledge Adapted from Snowden (2002) Background 1. Routine <ul><li>Standards, manuals </li></ul><ul><li>Bureaucrats, administrators </li></ul><ul><li>Categorize, process </li></ul>2. Specialized <ul><li>Technical documents </li></ul><ul><li>Experts, consultants </li></ul><ul><li>Design, develop systems </li></ul>3. Complex <ul><li>Tacit knowledge </li></ul><ul><li>Scientists, experience </li></ul><ul><li>Find patterns, understand </li></ul>4. Chaotic <ul><li>Observations </li></ul><ul><li>Explorers, innovators </li></ul><ul><li>Explore, test </li></ul>
    6. 6. Traditional Information Market Model Government On-Line Global Disaster Information Network Markets Demand (Users) Supply (Providers) Providers and users connect through an Information Market
    7. 7. Knowledge Services <ul><li>Content : “Embedded value, in the form of the message or signal contained within elements of the content value chain.” </li></ul><ul><li>Products: “Tangible, storable commodity or merchandise, with embedded value, derived from content.” </li></ul><ul><li>Services: “Intangible, non-storable work, function, or process, with embedded value, derived from content.” </li></ul><ul><li>Solutions: “Successful use of content, products, or services to embed and extract value by accomplishing organizational tasks.” </li></ul>Markets
    8. 8. Content Value Chain “ Flow of content through sequential stages, each of which changes its form and increases its usefulness and value.” Markets Objects Data Information Knowledge Wisdom
    9. 9. Knowledge Services Value Chain 1. 2. 3. 4. 5. 6. 7. 8. 9. Markets Generate Transform Add Value Use Internally Use Professionally Use Personally Transfer Evaluate Enable Extract Advance Embed Legend Organization Society
    10. 10. Knowledge Services Stages <ul><li>Generate (start Knowledge Services value chain) </li></ul><ul><li>Transform (goods & services increase utility, value) </li></ul><ul><li>Manage (permit transfer) </li></ul><ul><li>Use Internally (accomplish organizational objectives) </li></ul><ul><li>Transfer (enable external use) </li></ul><ul><li>Enhance (increase availability, utility, value) </li></ul><ul><li>Use Professionally (sector derives benefits) </li></ul><ul><li>Use Personally (individuals derive benefits) </li></ul><ul><li>Evaluate (organizational mandate, resources) </li></ul>Markets
    11. 11. Value-Chain Knowledge Market Model Markets (Performance / Supply) (Market / Demand) 6. Add Value 7. Use Professionally 8. Use Personally Evaluate Natural Resources Forestry Metals & Minerals Earth Sciences Energy 1. Generate 2. Transform 3. Enable 4. Use Internally 5. Transfer Organization
    12. 12. Insights: Knowledge Markets <ul><li>There are four types of knowledge services: content, products, services, and solutions. </li></ul><ul><li>A Knowledge-services value chain represents the flow of goods and services through sequential stages, in which value is embedded, advanced, or extracted. </li></ul><ul><li>A knowledge market consists of a group of cyclic, interrelated knowledge services value chains. </li></ul><ul><li>A knowledge market model is a useful approach for measuring and managing knowledge services. </li></ul>Markets
    13. 13. Knowledge Services System System Indirect Outputs Sector Outcomes Canadians Intelligence Organization Mandate Body of Knowledge (Knowledge cycle) Direct Outputs Evaluators Recommendations Benefits (tertiary) (secondary) (primary) Knowledge
    14. 14. System Hierarchy <ul><li>Knowledge Services System </li></ul><ul><li>Knowledge Services Sub-Systems (5) </li></ul><ul><li>Stages (9) </li></ul><ul><li>Components (34+9) </li></ul><ul><li>Sub-Components (245+44) </li></ul>System
    15. 15. System Framework Elements of Zachman (1992) System Component… Component f Component c Component… Component e Component b Purpose… Purpose 2 Purpose 1 Component… Component d Component a Stage 1 Stage 2 Stage … Outputs & Services Value Chain Benefits Who Work What Why
    16. 16. System Stages * = essential System Organization Society / Nature Interme-diaries Add Value Enhanced Outputs Developers Transform Products / Services Users Use Internally Solutions Evaluators Evaluate Performance/ Markets Recommend Clients Use Profession-ally Outcomes / Societal B. Canadians Use Personally Personal Benefits Originators Generate Content * Lost Managers Preserve / Enable Existing / Available Inventory * Providers Transact / Transfer Outputs Knowledge * Other Services
    17. 17. Production Sub-System System to Inventory from Inventory Society & Nature Content Generate Originators 1 Partners Organization Mandate 2 Products & Services Transform Developers
    18. 18. Transform Content System Answers Advice Teaching Facilitation Support Laboratory Database Scientific article Technical report Outreach material Geospatial products Statistical products Standards Policies Regulations Systems Devices Develop Codify Embed Analyse content Write Assemble Produce Engineer Data Architect Systems Analyst Information analyst Programmer Specialist Author Compiler Editor Services Products Transform Developers
    19. 19. Insights: Knowledge Services System <ul><li>A Knowledge Services System integrates many components, flows, and interactions across organizations, sectors, and society. </li></ul><ul><li>In a properly functioning system, the components work as a group to support the flow of knowledge services through a value chain. </li></ul><ul><li>A Knowledge Services System includes nine sequential stages, three of which are essential. </li></ul><ul><li>Each stage includes who, work, what, and why components. </li></ul>System
    20. 20. Implementing a Service Framework Application Knowledge Services System Model Serviced-Based Framework Management Plans Programs Content Strategy Business Mandate Business Model Establishment Direction Priorities Organization (implement) People (culture change) Process (inventories) Technology (systems) DM / IM / KM / RM / Lib. / Coll. Recommendations Direction Coordination Reports
    21. 21. Some Strategic Questions <ul><li>Organizational role in information and knowledge markets? </li></ul><ul><li>Balance between supply- and demand-driven approaches to knowledge markets? </li></ul><ul><li>Distribution of outputs among different user groups? </li></ul><ul><li>Position of outputs and services along a spectrum from rich to reach? </li></ul><ul><li>Functional or service framework for managing content? </li></ul>Application
    22. 22. A Final Thought… “ The first task of any theory is to clarify terms and concepts that are confused… Only after agreement has been reached regarding terms and concepts can we hope to consider the issues easily and clearly and expect to share the same viewpoint.” Karl Von Clausewitz (1780-1831)