Our class learned the challenges of knowledge management (the knowledge cycle has too much breakage) and the beauty of Google docs and viral marketing. I was pleased to see the promotion of on-line, real-time document sharing touted as the current best solution for thought sharing as I have been actively promoting it at Four Seasons for sharing between us and ourselves.
- Google docs is the newer version of Google groups. No need to go backwards. There is also a corporate version of Google docs that may be worth investigating.
- Risks:
- Google's hardware might crash (make sure we back up once per week)
- Privacy considerations (not the same as using internal tools). However, remember that most IT fraud is done internally.
- Data is crawled for key words - for future advertising use
- Companies like viral marketing because
- To connect relationships between individuals
- Invitations from known sources are more effective
- Puts the burden on customers to market
- What Google has to gain from freeware:
- Weakens competition (pulls users away from traditional software)
- Advertising revenue
- Data mining from profiles, email keywords - Google is invasive!
- Selling of web 2.0 services ($200m US stream... currently)
- Suggestions for Wikis as used by the big players:
The message about old-school knowledge management is that it requires to much downstream decision-making. Effective knowledge management requires the distribution of decision making.
TechnoTips
- •You can download videos from YouTube – you need FF; download “download helper” www.downloadhelper.net – you also need to download the flv player 1.33
- •Why Wikipedia works: Purists will argue that the data in wikipedia is unreliable; however, the reality is that most of the knowledge we rely on to operate in the world doesn’t have to be 100% accurate – we can operate highly effective if we have reasonably reliable but not 100% reliable data – Wikipedia is a great starting point
- •Wikipedia is used 200X more on-line than Britannica
- •Wiki tread carefully. Sharing with customers has risks
- Customers can change your web pages – they may post things that do not reflect the corporation
- •Employees could post something that contradicts the company position
- What you shouldn’t post on a company blog/wiki (for the wiki guidelines):•No financials•No product road map•No negative comments about customers (or company)
