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Can we replicate that magic in other places?
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Structuring your value model to make decisions about whether to do a project
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This lecture discusses the Law of Unintended Consequences, the importance of understanding your user to avoid typical pitfalls, frameworks for creating change, and adding the notion that moral capabilities are needed for an effective leader.
Global Footprints: Navigating Leadership for the futureCheryl Doig
This lead paper explores critical capabilities that leaders will need to thrive in a networked, global environment. We must forge new pathways, stepping through challenges with courage and looking to the possibilities – personally and professionally. What are some of the trends and how might leaders operate in future landscapes? What is important to focus on and why is it important right now?
What makes places like Silicon Valley tick?
Can we replicate that magic in other places?
How do you foster innovation in your own networks?
The Rainforest is a groundbreaking new book from two of the world’s leading experts at the intersection of venture capital and global development. Victor W. Hwang and Greg Horowitt propose a radical new theory to explain the nature of innovation ecosystems -- human networks that generate extraordinary creativity and economic output. They argue that free market thinking fails to consider the impact of human nature on the innovation process. This ambitious work challenges basic assumptions that economists have held for over a century.
Kirkus Revews: "insightful, forward-thinking..." "provocative..." "Hwang and Horowitt write with authority and wit, carefully backing up their theory with substantive examples. Readers get the feeling that the authors have unveiled a very big, important concept, one that could serve as the basis for intentionally, methodically developing other “rainforests” similar to Silicon Valley."
Read a preview at: www.therainforestbook.com
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One trait of an effective business analyst is the ability to ask the right questions. One “right” question that applies to just about every projects can sometimes be difficult to ask, let alone answer: “Is it worth it?” This question is difficult to answer, because the answer will change as you proceed through the project and gain more knowledge about the purpose, considerations, costs, and benefits involved in a project.
In this session, we’ll explore a tool you can use to help organize the necessary information to answer the “is it worth it?” question on a regular basis. This interactive session will demonstrate how you can create a value model to make an initial decision about whether to pursue a project, and then utilize that model as your knowledge grows throughout the project to revisit the question and confirm whether the project is on the right course, or if changes need to be made.
Topics discussed during the session include:
Structuring your value model to make decisions about whether to do a project
How to deal with non-financial benefits in your Cost/Benefit discussion
Where measures such as NPV, ROI, TCO, IRR fit into the Cost/Benefit discussion.
The impact of timing of implementation on the Cost/Benefit discussion.
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1. KM Middle East 2011, United Arab Emirates - Abu Dhabi
Don’t do KM!
David Gurteen
Gurteen
Knowledge
You don’t do KM
You solve business problems and develop
business opportunities
There are no KM initiatives or strategies
– They conceptualise the problem
– A project is never just about KM
There are only business projects
Use KM thinking & tools to respond to
business issues
www.kmmiddleeast.com 1 info@kmmiddleeast.com
2. Most KM projects fail!
Nothing wrong with KM, KM tools and techniques
– very powerful indeed
The challenges
– KM projects are NOT focused on the business
– KM projects are tough
– KM project leaders are often inexperienced
– KM projects poorly conceived
– KM projects poorly managed
– Lack of support from senior management
– Lack of support from employees
– Lack of understanding or a misunderstanding of KM
– Lack of understanding of organizational complexity
– Lack of understanding of human behavior
Four KEY questions
to ask yourself
www.kmmiddleeast.com 2 info@kmmiddleeast.com
3. The questions
1. What are the business problems we are
trying to solve?
2. How do we ensure support from senior
management and how do we sustain that
support?
3. How do we engage the people in our
organization?
4. How do we clearly demonstrate success?
Some further thoughts on how to
ensure your KM projects are a
success
www.kmmiddleeast.com 3 info@kmmiddleeast.com
4. Think for yourself!
Think! There is no
substitute for thinking
Think for yourself
No substitute for thinking
No recipes or prescriptions
No simple set of steps
You need to think for yourself
No one can tell you what to do
KM is highly contextual …
www.kmmiddleeast.com 4 info@kmmiddleeast.com
5. Context
In our complex business world context is everything
Things are different
– each of you are different
– your industry
– your organization
– your people
– history
– timing
– politics
– competition
Identify the business issues
Identify the business
problems, opportunities
or risks that need to be
responded to
www.kmmiddleeast.com 5 info@kmmiddleeast.com
6. Albert Einstein on problems
If I had an hour to solve a
problem and my life depended
on the solution,
I would spend the first 55
minutes determining the proper
question to ask,
for once I know the proper
question,
I could solve the problem in less
than five minutes.
We jump far too quickly to a
“solution” without really
understanding the problem!
Its better to do the
right thing badly than
the wrong thing well!
www.kmmiddleeast.com 6 info@kmmiddleeast.com
7. Business issues and outcomes
“People will not share their knowledge” is
NOT a business issue
“Implementing a knowledge sharing system”
is NOT a business outcome
Business issues and outcomes
“Slowness to market of new products” is a
business issue
“Shortening the time to market of new
products” is a business outcome
www.kmmiddleeast.com 7 info@kmmiddleeast.com
8. Business outcomes
These are not business outcomes
– Doing KM
– Improving knowledge sharing
– Creating a learning organization
– Creating a knowledge driven organization
– Setting up communities of practice
These are business outcomes
– Cutting costs; Improving profit
– Improving quality
– Reducing staff turn over
Identify the business issues
Talk to CEO and senior business managers
What keeps them awake at night?
www.kmmiddleeast.com 8 info@kmmiddleeast.com
9. Don’t do things to people!
If you have to ask “how
do we motivate people”
then you are taking the
wrong approach!
Work with people
An innovative, healthy
organization requires that
we work with people rather
than do things to them.
Alfie Kohn
www.kmmiddleeast.com 9 info@kmmiddleeast.com
10. Motivation is intrinsic!
You cannot motivate people
Motivation is inherently intrinsic
People have to find it for themselves
Attempts to motivate are actually
manipulation and are usually seen as such
And have an adverse affect
Do not reward
Do not reward people
for sharing their
knowledge
www.kmmiddleeast.com 10 info@kmmiddleeast.com
11. Rewards
Research shows that giving rewards (even
praise) actually results in worse performance
and undermines intrinsic motivation
To the best of my knowledge, no
controlled scientific study has ever found
a long-term enhancement of the quality of
work as a result of any reward system.
Alfie Kohn
Alfie Kohn and Dan Pink
Punished by Rewards by Alfie Kohn
Drive: The Surprising Truth About What
Motivates Us by Dan Pink
www.kmmiddleeast.com 11 info@kmmiddleeast.com
12. Do not reward
Rewards punish
Rewards rupture relations
Rewards ignore reasons
Rewards deter risk taking
Rewards undermine interest
Credit: Alfie Kohn
• Rewards are gamed
If we don’t reward what do we do?
www.kmmiddleeast.com 12 info@kmmiddleeast.com
13. Alfie Kohn
Pay people well
Pay people fairly
Then do everything possible to make money
(rewards) off people’s minds
Incentives, bonuses, pay-for-
performance-plans and other reward
systems violate this last principle by their
very nature!
Love what you do
Loving what you do is
a more powerful
motivator than any
goody including
money.
Alfie Kohn
www.kmmiddleeast.com 13 info@kmmiddleeast.com
14. Bob Buckman
Our approach to KM is far
more than stick or carrot.
"Knowledge Sharing is your
job. Do it!"
As a reward you may keep
your job.
Daniel Pink
Provide opportunities for
– Autonomy
– Mastery
– Purpose
www.kmmiddleeast.com 14 info@kmmiddleeast.com
15. Some questions to leave you with!
Is my KM activity focused on the business?
Have I really understood the problems?
Am I thinking for myself?
Are senior managers bought in?
Are employees & other stakeholders bought in?
How do I demonstrate success?
Am I measuring business outcomes & not just
activity?
What do I do in place of rewards?
Questions
www.kmmiddleeast.com 15 info@kmmiddleeast.com
16. www.gurteen.com
David GURTEEN
Gurteen Knowledge
Fleet, United Kingdom
Tel: +44 7774 178 650
Email: david.gurteen@gurteen.com
www.kmmiddleeast.com 16 info@kmmiddleeast.com