July 4th, 2007

Wikis are a Powerful Knowledge Accelerator

The twenty first century is moving more rapidly than the last century. Knowledge used to double world-wide in decades; three years ago knowledge doubled every twelve months. Today, we are doubling global knowledge in less than six months and are rapidly approaching a period where knowledge will double world-wide not just in days - but in seconds.

There has never been a period in mankind’s history where the fountain of knowledge has been flowing so rapidly. We continue to invent gadgets such as cell phones, iPods, RIMs, and other portable devices to help keep knowledge on point 24×7. The ubiquitous nature of knowledge transfer although has improved our access to know-how - it has also generated complexity in our ability to source the right knowledge in the right format at the right time. In some ways, imagine pouring a glass of water and the water runs over the top of the glass continually — this is the reality of today’s knowledge environment - there is tremendous knowledge captured - but easily finding it continues to be one of the catastrophe’s in managing intellectual assets.

Another relatively new source of knowledge capture and harvesting capability can be found in the usage of wikis. A wiki (sometimes wiki wiki) is a web application designed to allow multiple authors to add, remove, and edit content. The multiple author capability of wikis makes them effective tools for mass collaborative authoring.

Wikis enable rapid self-organizing and self-correcting knowledge capabilities and enable knowledge to be processed dynamically rather than other more traditional and highly structured sources of content management solutions. Users of wikis are allowed in real-time to agree or disagree in the sharing of content. In addition, this spontaneous flow of creativity and sharing of ideas may spark new insights contributing to innovation capacity development.

In San Diego County, the Health and Human Services Agency (HHSA) launched a program called mobile remote workforce innovation to improve services at risk to children and families, while decreasing costs. The economics of wikis supporting health care industries are very attractive, given the low cost of the software, and operating costs. Many of the leading Wiki Solution providers, like Atlassian, also donate the software for not for profit organizations - providing an additional incentive for organizations to take advantage of these types of solutions.

Isaac Jones Blog outlines three solutions for wiki applications which based on our working experience are all valid and accurate perspectives.

The first approach is using wikis for knowledge repositories - alot like an encyclopedia. We are using wikis in our client engagements so all of our client collateral is accessible via a wiki and at the end of our client projects, client can either pay a modest monthly fee for the knowledge to be maintained in our wiki environment, or transfer to their local servers. The opportunity to create these content management structures for ease of integrated collaboration are very powerful and effective communication approaches.

The second approach is for collaborative writing which is a bit like a more elegant version of emailing word documents. The ability to easily track document changes and allow the voice of multiple stakeholders to participate in the creation of a collaborative document we have used in our book publishing projects, and also in our market research projects.

The third approach is Situation awareness, which isn’t so different from the news; it draws from the news as a source, it can also be authored by the eye-witnesses themselves, and each story becomes an integral part of a knowledge repository. I don’t claim that these are an exhaustive, nor are they a partition: Wikis are also used for bug tracking and as web discussion forums, for instance.

In summary, wikis are a powerful knowledge accelerator and the market for these types of tools is exploding. IDC projects worldwide revenue growth of the overall collaboration market of 17% this year and 26% by 2011, with the fastest growth in live conferencing and team collaboration spaces. Forrester notes that Web 2.0-based social computing technologies are experiencing an explosion of innovation and proliferation, with many vendors incorporating blog and wiki technology into their products. A related development, mentioned by both Driver and Levitt, is the ability of newer tools to create mashups-essentially hybrid Web applications that contain content from multiple sources in a single user interface.

While Microsoft and IBM dominate many segments of the collaboration market-promoting one-stop shopping and integration across their products Google needs to be closed watched. The increasing breadth of Google’s productivity software includes email, calendaring, IM, word processing, spreadsheet, and Web site building and will soon add presentation graphics and wikis-all embedded with collaboration features. Google’s latest foray into making affordable messaging, collaboration, and office productivity tools targets business people worldwide and takes dead aim at Microsoft Office. . . . Google is not simply attacking Microsoft’s core email and office productivity applications business-Google is expanding the market for workplace productivity tools to include people who have traditionally been left without them.

One thing is for sure wikis have a strong future in the collaborative applications all aimed to improve knowledge worker productivity - finally some solutions which are firmly in the control of the end user community.


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June 28th, 2007

Collaboration and Young Adults: Changing Business Realities

Is your organization prepared to meet the collaboration needs of young adults to attract, develop and retain the workforce of the future?

Fact - Generation X and Generation Y Talent use more real-time collaboration tools over asynchronous (non real time like email). According to a recent survey by The Associated Press - almost half of the teens surveyed use Instant Messaging (IM) and almost three fourths of teens use instant messaging more than email, while less than a quarter of adults use IM, and almost three fourths of adults who use IM use email, more often than IM.

I know that with my daughter who recently started university - for me to personally keep in close contact - having an MSN IM account was the best way to stay connected as she seldom checks her email, but guaranteed she is always accessible on MSN IM or via cell text messaging.

So, what do these behaviours tell us about the collaboration age gap between different generations?

I think this means a number of things for organizational and leadership communication approaches. Companies need to encourage IM, Blogs, wikis and all forms of real time collaboration to motivate the talent of the future. These communication needs need to be taken into account and designed into all forms of employee communication, online communication and software development approaches.

Asynchronous communication is well on the way to extinction….unfortunately old habits for the Baby Boomers, including me are hard to break.

Demand for real-time collaboration solutions have already generated more than $1.3 B in 2006 - which represents nearly one quarter of all collaboration application revenue. An increasing trend is to integrate all communication toolkits - and in different formats - whether the media form is via: email, IM, or voice - the promise is an integrated platform or a unified communication platform (UM) which promises to improve the productivity of knowledge workers - and for sure simplify operating infrastructure costs.

A promising collaboration company based in Canada that was recently recognized as one of the hottest Web 2.0 companies at the Enterprise 2.0 and Tim O’ Reilly conference recently held in San Francisco is Octopz.

Octopz is a browser based collaboration solution developed in Flash and has a simplified interface allowing ease of navigation, enables interactive and secure communications, and easily allows markup of advanced media types like videos, audio, animations, Flash files, and 360º panoramas. Octopz gives us a good perspective of the increased collaboration toolkits that are viable business productivity tools. This is a company to have not just on your company watch list, but also BUYING a subscription is a MUST to get you underway in using onoe of the most powerful on demand collaboration software solutions that I have seen in a long time.

More information on understanding collaboration commerce and the business impacts can be further understood by reading Collaboration Commerce: The Next Competitive Advantage.


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June 10th, 2007

The Crazy World of Smart Search

I thought there was no life after Google when I leaned from my grade eight son about Dog pile. an alternative search that combines search from Google, Yahoo, Ask Jeeves, and Live Search. They also have a NEW select search for sourcing online media videos. Out of curiosity I did a search on both YouTube and Dog Pile for the number of Rolling Stone online videos. On DogPile there were thirty listed…. On You Tube, there were 21,400. So Google’s powerful engine backing YouTube (which Google recently acquired for $1.65B) , there is definitely more search zip in Google vs using Dogpile. However, one experiment does not guarantee accuracy, hence - I did another search. This time I chose to search for the number of doghits on both Dogpile and Google. I found that on Google, there were 131 million references to dogs listed on Google and on Dogpile, there were only 94 search results.

What this relatively small sample search experiment did show that the dog in Dogpile.com translates to a real dog. I told my son that I will continue to use Google, as my business and personal search engine of choice.

Can you imagine a world without Google going forward?

It will only be a matter of time before Google penetrates all wiring of intelligence of the future. Just imagine how much better when I can simply talk to my watch or cell phone, driving panel or my kitchen fridge and my search requests appear instantly. The world of ubiquitous and pervasive computing is well underway and Google has a head start in this new world order - this much is certain. So is the future of Google a target buy out by Cisco? Only time will tell but even Google will be one day acquired — the question is only who will be the dominant player in the takeover. Only a few could swallow such a Goliath? Cisco, IBM, Microsoft …to name just a few.

 

 


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March 30th, 2007

WebEx and Cisco - Recent Acquisition Announcement Further Shakes up Collaboration Communication Markets

One of the leading trends in collaboration commerce is to integrate multi-media forms into tighter communication platform solutions. The recent target acquisition of Cisco of WebEx demonstrates this continued evolution in business solutions to increase knowledge worker communication capability. As noted in Innosight’s Blog,Cisco recently announced that it is buying the company, the leading online meeting service provider, for $3.2 billion.

This is another example of disruptive innovation at work as Cisco continues to survey the global landscape and then very SMARTLY source high value acquisitions. According to the annual web conferencing industry report published by research and consulting firm Frost & Sullivan, the market share of web conferencing services provider WebEx Communications (NASDAQ: WEBX) has climbed to a new high of sixty seven percent more than four times greater than any other vendor. WebEx’s investment in its global MediaTone Network truly sets it apart from the rest of the pack.WebEx continues to be the driving force behind the successful web conferencing services market and its success proves WebEx’s corporate mantra, ‘web conferencing is a communications business’. These factors have all led to the attractiveness of Cisco acquiring WebEx.

This attractiveness is also reinforced by Subrah Iyar, CEO and Founder of WebEx in his recent blog posting:

“WebEx has played a key role in helping companies succeed in this new world. I am proud to note that eighty percent of the companies on Business Week magazine’s 2006 list of innovative companies are our customers. Similarly, ninety percent of Wired magazine’s 2006 most wired companies are WebEx customers.This merger combines WebEx’s SMB customer expertise with Cisco’s leadership in the global enterprise and means businesses of all sizes can leverage the full suite of unified communications products and services. Small businesses will benefit immensely from Cisco’s backing of WebEx’s services and enterprise customers will get the full benefit of a complete product and service suite for doing business over the web.”

What other disruptive growth plays will unfold as market leaders watch Cisco’s increasing strength of integrated collaboration solutions. How will Microsoft further respond as the war for all media types further embeds into communication solutions? Some viable future acquisition questions may be that either Microsoft buys RIM or Cisco buys RIM? This is one potential play that we anticipate will unfold - the question is who will be the buyer and simply when? Then again, Google is rapidly going after the collaboration market in their current and future developments… and their giant stature certainly makes life interesting for companies like Microsoft and many others.

 


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March 12th, 2007

Perspectives on Canada’s Innovation and Productivity Challenges and How Social Media Solutions can Help

I recently spoke at the McMaster Intellectual Capital Conference. This conference is annually organized by Dr. Nick Bontis and Dr. Chis Bart, with tremendous leadership support by commerce and MBA students (one of the largest student led conferences in the world). Each year I speak at this conference and this year I left with some strong reflections on Canada’s national productivity challenges.

Canada currently has the lowest productivity of the G7, the lowest R&D Investment of the G7, with the exception of Italy. Today, we have fewer per capita researchers, and engineers, fewer per capita inventions and innovation and fewer per capita investment in Information Technology. We are also slower to bring new products to market.

These are all real and fundamental challenges to Canada’s economy.

The major challenges are (1) The Productivity Gap and the need to compete more efficiently and effectively, and (2) the People Gap as we need to attract and retain the best and the brightest and continuously learn new skills.

Canada trails the US in terms of productivity and the gap is widening. One of the major reasons is due to the lack of sustained investments in IT. Specifically, we need to accelerate our investment in creating, distributing and maximizing intellectual assets or knowledge assets. Yet when I ask CEOs, COO, CMOs, CFOs CIOs- they seldom can articulate a clear strategy on how they are effectively managing their knowledge assets. With over 80% of the capital markets tied up in knowledge generating assets (service companies, knowledge workers), etc. we have a fundamental opportunity to address to improve our competitive advantage.

Dr. Nick Bontis and I with many of our global partners, associates, or peers have been involved in helping to define, shape, and further support global organization’s ability to develop intellectual capital or Knowledge Management strategies. As much progress as we try to make in Canada in this area - there remains much more to accomplish.

Depending on the organization we partner with -they always take on a unique problem to solve. Problem sets can vary from creating a risk management strategy around knowledge assets, to helping clients select relevant technology platforms to collaborate and share and harvest knowledge more effectively - managing knowledge flows in creating customized New Product or Service Development solutions.

When we partnered with one of the top Canadian banks, it was to help them develop a use case to migrate from one portal environment to a longer term portal strategy. Other clients are seeking specialized functionality to support their portal requirements. For example, we recently visited a major Canadian hospital to discuss their eLearning requirements for a robust Learning Management Solution like MedWorxx that squarely focuses on a hospital’s unique learning requirements.

Whatever the productivity challenges are… one important opportunity to take advantage of is for organizations to leverage social media and collaborative solutions. Although Canada prides itself in being leaders in internet adoption and usage, our innovation in winning internet business models that globally dominate pales compared to our USA neighbor.

To take up the productivity challenge, Canadians and all nations need to use social network solutions like: Blogs, Wikis (like Atlassian) collaborative and intelligent workflow solutions (like Sharepoint), or community of practise solutions like Shared Insights, or web-collaboration solutions (like WebEx), etc - Each of these solutions are examples of how countries can help close their productivity gap challenges.

With knowledge flows coming from community ecosystems - our dependency on tapping into these new forms of collaborative interaction tools will be critical for competitive advantage.

In some respects, it is either Collaborate or Die!

The ability to leap frog has never been greater as rising powers continue to increase their muscle - new Tsunami waves are in the making - and I would prefer to see Canada reverse the tide sooner than later. The year over year productivity erosion should have all Canadian leaders seeking new ways of increasing their producitivty capabilities. The secret weapons will be found in using effectively collaborative business models, and collaborative toolkits , and leadership practices (such as storytelling) where knowledge can be effectively created and leveraged.

My next Blog will feature Innovation and Leadership using StoryTelling for Competitive Advantage.


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November 21st, 2006

Innovation Through Interaction Intelligence using Wiki Solutions

The world is changing. “Who knows who” is the new competitive advantage. We have seen the old adage of 6 degrees of separation move to 3 degrees of separation, and with solutions like: LinkedIn, Ryze, Spoke and Vizible are all carving out offerings to increase interaction connections. As Bill Ives in his KM and Portal blog referred to the recent McKinsey research on interactions, knowledge worker productivity opportunities are driven by increasing interaction intelligence. For example, Toyota Motors constantly collaborate with their engineeers and managers to solve business challenges. Knowledge workers are now 80% of an organization’s assets, and learning to understand their interaction practices is critical to business success.

New solutions like wikis offer a competitive advantage as serial wiki innovator, Martin Cleaver communicates on a regular basis. A wiki is best defined as: a writeable intranet which users can make real-time changes to content they have permission to edit.

Companies leading the way achieving interaction advantage using wikis include: UK bank Dresner Kleinwort (DKW), Citibank and Bank of America. According to the former CIO of DKW, JP Rangaswami, ”the wiki counters what you might call the conference room questions problem, where peole have important ideas, information and questions to contribute, but do not want to be seen to do so directly. Small changes soon add up and make a real difference to productivity. When a wiki is set up to serve a certain project, email volume drops by 75 percent.”

Canada I believe is lagging behind so we have launched a new service offering to help close this gap. Check out Helixwikiconsulting.com or contact martin@helixcommerce.com. One of the things I learned when I was with Accenture as a practice partner was that everyone relied on the informal networks of who knew what to get the best and most relevant intelligence to rapidly solve customer needs. Irrespective of the millions of pages logically filed in the Knowledge Exchange, nothing was better than the material on the subject experts current files - not always resident on the internal KM portals.

As businesses transition to ensure experts are sharing their knowledge, there needs to be incentives and tools to enable them to easily contribute and iterate with other colleagues globally. Wikis are a powerful paradigm to help companies work differently. We are starting to use wikis with our Helix clients - we don’t have this right yet. We have learned that training alone and role modeling is insufficient - rather they need daily coaching and institualizaing these tools in their own cultures to unplug old habits.