Transcript Discussion
WORKING KNOWLEDGE Chapters 1-4 Discussion Casey Tealdi January 29, 2007 MIS 580 Knowledge = Power or Knowledge = More Money? • “experience-based insights are what firms pay premiums for” – Chapter 1 • “46.2 percent of employers said they offer higher starting salaries to new college hires who have internship experience.” • “More than half reported that they have a set percentage that they add on top of their entrylevel salaries (6.8 percent).” • Source: NACE’s 2006 Experiential Education Survey (1) Knowledge = Power or Knowledge = More Money? • My comments – Internship experience adds credibility – A few years of work experience pays off – Is entering the working world before graduate school a good thing? • Your comments Share Fair @ Texas Instruments • “was devoted to the sharing of “best practices” knowledge” – Chapter 2 • “Inside organizations lies, unknown and untapped, a vast treasure house of knowledge, know-how, and best practices.” • “TI recently avoided the cost of building a $500 million wafer fabrication plant by leveraging internal knowledge.” • Source: destinationKM.com White Paper (2) Share Fair @ Texas Instruments • My comments – Good idea if savings are being realized – IBM’s “Take a Break” social gatherings – I would be cautious about who is sharing what with whom. • Your comments 9/11 Knowledge Crisis • -“without the spur of a crisis, most organizations are incapable of changing habits/attitudes of a lifetime” – Chapter 3 • “There was no comprehensive plan to pull together human sources, imagery, signals intelligence and open sources.” • “The community also lacked a common information architecture to ensure counterterrorism data was integrated across agencies.” • Source: InsideKnowledge Article (3) 9/11 Knowledge Crisis • My comments – Human nature not to change until forced to – Insufficient knowledge management exposed – Hope necessary steps have been taken; this will be our future job • Your comments Information Sources 1. 2. 3. NACEWeb. “Candidates With Internship Experience Get Higher Salary Offers.” 6/28/06. http://www.naceweb.org/press/display.asp?year=&prid =239 destinationKM.com. “Identifying and Transferring Internal Best Practices.” 7/16/01. http://www.destinationkm.com/articles/default.asp?Arti cleID=271&KeyWords=self++AND+control InsideKnowledge. “9/11 Commission recognizes need for KM.” 4/27/04. http://www.ikmagazine.com/xq/asp/sid.0/articleid.0031 6755-CF5A-4CAC-8D48F80D128BD4E0/qx/display.htm