Author Archives: Paul Corney

About Paul Corney

@pauljcorney #KM4GOOD I help people and organisations to make better decisions that improve the way they work

Good Knowledge Drives Good Business

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This is an article inspired by a session I ran with new businesses as part of Surrey University’s Investor Readiness Programme and my work with Plan Zheroes, It sets out to illustrate why good knowledge and information management matters to a new business.

A business is the sum total of its intellectual capital/property (‘knowledge assets’).  Drawing on examples from hospitality, renewable energy storage and third sectors, it will demonstrate the value of checklists, a technical backbone, the right cultural environment and feedback loops in identifying, nurturing and exploiting knowledge assets.

Here’s what Claire & Luke (Editors of Business Information Review) had to say about it in their Editorial:

Good knowledge drives good business

Another regular contributor to Business Information Review, Paul Corney shares his experiences of working with emerging enterprises and business start-ups in developing good knowledge and information management practices. Reflecting Screen Shot 2015-09-02 at 09.16.05on the experiences of small and medium-sized enterprises in the business and third sector, Paul illustrates in his article why information and knowledge management matter to new businesses. As Paul notes, ‘ultimately a business is worth the value of its intellectual capital/intellectual property. These “Knowledge Assets” might take the form of patented products, an efficient process, a unique piece of software or brand and reputation built over time’. The lessons here for directors of start-up are obvious, but there are lessons also for those who work with information on a day-to-day basis within larger or more established organizations.

I’m glad Claire & Luke ‘got it’.  Well run and profitable business is about making effective use of knowledge and creating and enhancing its Knowledge Assets. So it follows that:

Putting in place effective measurement is key in order to demonstrate value. As KM standards get integrated into global quality and manufacturing standards so the drive for better KM will be felt. Young organizations can get ahead of that curve by putting some of these simple techniques in place today.
As a footnote I am particularly delighted to have been asked to serve on the BSI KM Standards Committee that is going to input into the to be publsihed ISO Quality Standards.

And finally

You can get the full article from here: Business Information Review Q3 2015

From the ‘outside’: tips for running virtual meetings

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Yesterday Plan Zheroes, the charity I am proud to be the Knowledge Trustee of, held a board meeting. Unablle at the last minute to get to the venue I participated virtually. Here are a few learnings I’d like to share from the ‘Outside’ of the meeting.

Visibility

Screen Shot 2015-08-19 at 12.01.30All people in the room should be visible to the virtual attendee (s). If impractical then make sure the key players are.

As you can see we started with an empty space next to the Chairman where the CEO should have sat.

Connectivity

Unless you are in two specially built VC facilities the chances are you will be reliant on Skype or an equivalent VOIP connection.  To improve reception make sure all other programmes (especially email) are switched off on the host and virtual machines.

Scheduling

Build in breaks and make no session last for more than an hour.

Summarising

SInce conversations can often be distorted and difficult to follow from a distance (especially if there is interference on the line) make sure whomever is chairing the meeting summarises what was agreed at the end of each section of the agenda.

And finally

Don’t assume every word spoken in the room can be heard outside of it and be patient. I’ve seen virtual meetings fail because of an irritation with the technology +/or connection – why is it we always blame the other end for the poor connection – don’t apportion blame, apportion ownership of the task to get it right next time and have a back up system in place such as Facetime, ooVoo or Viber.

If you want more on this subject follow this link to a piece I wrote with Martin White of Intranet Focus for KM Legal 2015: 10 tips for effective virtual teams.

Helping businesses plan exit strategies and pitch for funds: “when I becomes we”

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Ironically a day after the 144th Open Championship I am at the Surrey Research Park in Guildford helping a group of entrepreneurs practice their pitching though not on the golf course! Its part of the University of Surrey’s Investor Readiness Programme that brings together fledgling business owners seeking early stage funding.

The programme, spread over 3 days and featuring a range of accountants, lawyers, former CEO’s and government officials, is one reason why University of Surrey ranks among the top 3 incubator centres in the UK. I’ve been invited along to make the programme more interactive and will be using facilitation tools and techniques often found in a Knowledge Management Toolkit.

My formal brief for the afternoon on Day One is two fold:

  • Get the businesses to think about a possible exit strategy
  • Begin the process of pitiching to investors

My unstated and informal brief:

  • Create an environment that is conducive to sharing knowledge as a community in the future.

Planning for exit

Few businesses begin life thinking about how they might hand it over and transfer their knowledge.  But investors are keen to know what their exit strategy is likely to be and whether it will survive their departure.

Since many embryonic businesses are centred on a bright individual who often holds the key to the Intellectual Property ‘door’ it is essential that good Knowledge & Information governance practices are adopted from Day One so that it can withstand his or her departure.

Simple steps such as cataloguing and storing of formal governance meetings are essential: Due diligence professionals will demand such documentation so better to have assembled it from the get go rather than incur cost later.

I begin by asking this simple question:Screen Shot 2015-07-22 at 08.01.45

Regular readers of my postings will be familiar with this technique (Reverse Brainstorm) and the 6 step process I use to run it:

  1. Get into groups (4 is a good #)
  2. List how to make ‘it’ fail
  3. Go see what others have done
  4. Add what you like to your list
  5. Choose the most important 3
  6. Share in plenary

The aim of this session which I ran with the programme director James Macfarlane was to get the businesses to develop their own checklist and key performance indicators (KPI’s) to measure how they are progressing along their journey.

Here’s one of the team’s workings and below the 6 major issues likely to derail an exit prior to and including the due diligence phase:Screen Shot 2015-07-22 at 10.55.51

  • Failure to protect their Intellectual Property
  • Lack of clarity among team over personal and organisation’s exit strategy
  • Failure to plan for departures and who will succeed
  • Failure to meet over optimistic targets
  • Misrepresentation of warranty information
  • Failure to develop testimonials and reference sites

Testing what others heard

Having recognised the importance of at least thinking about the exit strategy before making a pitch for funds James and I now challenged each business to present their proposition in 90 secconds using these headings. I gave these instructions:

  1. Break into pairsScreenshot 2015-07-21 09.00.20
  2. Take 5 minutes to plan what you are going to say
  3. Give the pitch to your partner
  4. Listen to your partner’s pitch
  5. Back in plenary: make your partner’s pitch to the whole group
  6. In 2 groups discuss what you liked about styles and content
  7. Debrief in plenary and vote for the most compelling proposition

IMG_3701Listening (and watching) well is important to presenting well and the title ‘I heard you to say and understood you to mean’ is a pointer to the need to focus on different ways to tell the story of the business opportunity to different audiences.

We encouraged each presenter to think about how the message they are giving will be interpreted and left them with this metaphor.

Imagine you are writing a press release, this part of your pitch is the headline and the synopsis of the article.  The aim is to get questions (in more detail) from interested investors as a result of this (very) brief pitch.

And finally

As always when you work with bright people you learn.

  • The importance of revenue recognition in the software industry when buying or selling a business – for a good description see: SOP 97-2
  • The point at which you do a business plan is ‘when I becomes we’
  • A good strategy should be capable of being represented as a picture
  • When promoting your business remember to say ‘what it does not how it does it’
  • People buy you not the numbers and they buy the story you tell: if you can’t say what difference your ‘product’ will make then investors won’t be interested either

how to draw on the experience of others: OpenSpace Peer Assist

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Last week I attended the 12th annual Knowledge Management UK event in London.

The format has changed little over the years: predominantly show and tell for IMG_3607an audience that is a mix of new in post and established mid level practitioners all looking for something to take back into their business.

This year I noted an increase in the average age of the delegates and more from Small and Medium Enterprise (SME) sector perhaps reflecting how KM has become an accepted discipline across many organisations. I am particularly looking forward to seeing the feedback comments this year.

I only attended Day One, my colleague Martin White was presenting on Knowledge Collaboration in Virtual Teams on Day Two (I know he will have a few comments to add). Suffice here to give a shout for a couple of the presentations which struck a chord:

Culture Change in bentley motors to facilitate information sharing

Bentley CultureI particularly liked this Bentley Motors presentation as it mirrored my experience helping to intergrate a group of Anglo / Dutch / German / US businesses a decade ago. Now part of VAG group it has embarked on a medium term programme to align itself with their aspirations and working practices without a loss of the perception of quality.

The Hofstede findings when looking at German and UK characteristics pick up nicely where the potential Hofstede country comparisonareas of conflict were likely to be.

The premise behind the programme: information sharing requires the right cultural environment not a set of slloed business units.

building a minimum viable product: Oxfam

This session provided a great illustration of the importance of working to an agreed vision for a KM programme.

OxfamThe slide I’ve picked here makes explicit the concept of get/give – if you benefit from something you have a responsibility to contribute something back in return.

Its a great example of what being a knowledge driven business is truly about.

The second slide provides an image of what collaboration will look like in Oxfam Futurethe future at Oxfam. What’s really interesting is the explicit acknowledgement of the need for information underpinnings (including Search) to provide KM benefits.

There were a couple of others and if anyone wants a truncated account follow this hashtag #KMUK2015.

OpenSpace Peer Assist

My brief was to run an interactive closing session (lasting 1 hour) that enabled the delegates to answer:

  • What problems are you facing?
  • In what areas would you like to share your experience with others?
  • What are others doing that you would like to find out more about?

Typical problemsAs a backdrop I shared this list to stimulate discussion.

It wasn’t needed as many of the delegates were keen to have their challenge discussed and half a dozen volunteers came forward offering to act as the Assistee (host the discussion around their challenge).

 

Having decided which challenge each delegate wanted to discuss, these guidelines were put up:Peer Assist Process

Below is a snapshot of the discussions taken from summaries which Laura Brooke of Ark Group  captured on her smart phone.

The idea of getting the Assistee to summarise is to consolidate the discussions and reflect back in plenary. I’ve shared them in case some of these might help you to overcome a challenge.

Knowledge Capture In a Legal environment

  • On getting people to talk about experiences: Documents don’t work, stories of events do!
  • On conducting After Action Reviews and getting people to acknowledge when things go wrong: often spoken about in meetings but minutes are not always taken and when they are they are not interactive so need a better way to record.
  • Asking someone to tell you what they know won’t work, instead ask them: What questions do you get asked all the time?  If you don’t know what people know at least you should know who to go and ask?
  • Challenge of self perceptions: Some people think they know a lot others don’t think they know anything important which is where a 3rd party might come in to tease out the valuable stuff.
  • Where to store: If you put everything into a site it would be too much. SharePoint to apply an automatic taxonomy.

how to measure real value on km and learning from experience

  • Saving time: at the beginning of the journey take an estimate of time to be saved and OpenSource Peer Assistmeasure throughout.  Help to develop people faster.  If KM is making a contribution on a project that should be recorded.
  • Improving the onboarding process so that new hires do not lose interest and leave.
  • Idea box (self funding): adopted by an expert, any returns should be applied back to KM.
  • Managing records: looking at information that has gone past sell by date and not legally required.
  • Why are we asked about KM value: should be a given that its needed.

system adoption

  • Practical examples of what’s in it for me tailored for each office.
  • Huge challenge getting people to fill in profiles on a people finder: need to show good examples with leaders to the fore.
  • Collaborative groups: form a community among the leaders of each.
  • Contributions to the system: change appraisal process to recognise the contributions.
  • Steering Group: make better use of it as system advocate.
  • Metrics: really good internal measures should be used for advertising.
  • When all else fails shut down the other systems!

How to get leaders to take km more seriously

  • While senior people understand the value they don’t back it financially.
  • Siloed approach to communications: – a set of inconsistent messages even from KM champions.
  • While KM is part of a strategy its often seen as a tick box exercise.
  • Accountability: make objectives more transparent.
  • Business Case: more analysis on where we are starting from and show tangible stuff.
  • Reporting lines: KM should be an agenda item on senior level meetings just like risk!

Engaging with it

  • Make them heroes part of the vision for future which they jointly own and where their role is clear.
  • Recognise their workload and surface their inability to deal with multiple objectives with current resources.
  • Reaffirm the importance of the KM development strategy and its priority.
  • Look at success in other organisations: take IT ‘guys’ along to other organisations who have made it work.

what the participants said

Here’s a few of the comments from the Assistees and Assistors (names removed to preserve anonymity):

“Peer assist is a very powerful tool to deliver”
“I very much enjoyed being able to discuss a particular challenges with a group of peers.

Interesting to hear others’ view points and ideas and the types of challenges they face”
“Very good speaker – Style of session was very useful and interesting, more like this please!”
“Engaging, fun, informative – learned a lot from the session”
“Very good peer assist. I got a few ideas generated by the group for my situation”

and finally

Perhaps what surprised me the most was the show of hands I got to the question:

A Peer assist is a process that enables the gathering of knowledge drawn from the experiences of colleagues before embarking on a project or piece of work, or when facing a specific problem or challenge within a piece of work – How many of you have used Peer Assists in your business?

Less than 10% put up their hands.  Even with a modesty factor it still means less that 25% of Knowledge Management professionals at the event had used one of the most basic and valuable tools to draw on the experiences of others.  I’m glad I gave people the chance to try it out and learn from each other in so doing to solve real problems they are facing.

 

the future workplace seen from the streets of London and the importance of conversations

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Running a portfolio of activities is great. It has downsides though: The feeling of anxiety about what’s next; or guilt at taking a time out to do pro bono work when I could be responding to a request from a prospective client. And like every business marketing and relationship management has its cost.

But yesterday I decided to take a time out to reflect and think about the closing session at KMUK which I’ve been asked to lead. And this is how I ended up walking the streets.

John Blackwell is someone I met many years back while he was an IBM’er.  His ‘new’ organisation Quora devotes much of their time to help organisations think about the future of work and workspace.  Those who follow what I write will know working environments (space: virtual and physical) is a topic I feel neglected in Knowledge Management strategies and implementation plans.

mobile knowledge cafe in the street?

When John invited me to attend an afternoon session run by Street Wisdom at the Royal Society of Arts as part of his Smartworking Summit I was intrigued as the concept has caught on around the globe and seemed to be a sort of Knowledge Cafe in the street. Here’s what happened:

  1. Scene setting: David, Chris and Mel, explained what was about to happen over the next 3 hours.  In a pre-session discussion I’d described my ‘doctrine’ of Orchestrated Serendipity and that was used to illustrate what might happen. This is what we did.
  2. AIMG_3579 1wareness: Having assembled in 3 groups of 6 outside of the RSA we were invited to go off on our own for 8 minutes and observe – our choice, what we see and record. I noticed this pile (and someone’s bed) not 100 yards from this lovely peaceful spot.IMG_3580 1
  3. Slow: Back at ‘base’ we were asked to go off again at a very slow pace to see whether what we noticed is different because we have slowed down. My immediate emotion was of being in a bubble as everyone around me hurried about their business. Certainly I was more attuned to ‘things’ and it felt like I do at airports where I often switch off and withdraw in as a way of coping with the vagaries of travel. My 8 minutes over I return to ‘base’.
  4. Patterns: With my new ‘friend’ Mark from Sheffield I set off in search of patterns. This was interesting. As we walked we reflected on how we had already seen things we’d not normally see. We parted, me to Caffe Nero, he to the pub, both to watch.  I noticed: in a cafe people give themselves permission to talk; no one seems to use a paper map anymore, they use their smartphones; buses do come along in threes.
  5. IMG_3582 1Beauty: If the 8 minutes searching for patterns seemed a bit frivolous, 8 minutes looking for beauty (definition: ‘in the eye of the beholder’) was revealing. Literally 400 years from the rubbish and garden, up a twitten off The Stand I came across this magnificent abode which was being shown to a young Asian Student and his father. Amid the hustle and bustle of The Strand here was an oasis (at a price-1 bedroom starting at £895k!) which was aesthetically pleasing.
  6. Burning question: Fired up and ready to go I returned for my last task assignment.  I was to go off for 30 minutes to answer a burning question.  In my case this was to think about how I was going to run the forthcoming closing session at KMUK.
  7. Plenary: All valuable interventions end with a debrief / reflection session. Here we sat in a circle and shared what we’d seen and done. This was a precursor to a more expansive group conversation among two dozen people drawn from HR/Change/Facilities Management functions.

observations from plenary

The plenary session was stimulating: some worked virtually, others from Academia did a combination of home and away.  Here’s what emerged:

  • While virtual working is hugely advantageous to many, not everyone’s personal circumstances or culture fits.  Last week in Hong Kong I realised that with personal space at such a premium work has to take place away from the home. One virtual worker also noted that as a mother the flexibility is essential for her. She did note though that personal contact is essential to make sure a virtual team functions to its optimal level.
  • The grouping of people around a central office or campus is declining.  One view was that the Google and Facebook campus facilities are the last hurrah for this type of environment.
  • The future is about creating community hubs (closer to where people live) that permit drop out/drop in attendance based on a concierge hotel style service.
  • Current contractual arrangements are too restrictive and Zero hour contracts exploitative and not conducive to creating the element of trust needed for a different approach to task management. We discussed the idea of giving staff ‘space cards’ which they can redeem against usage at such approved venues.
  • No one is training us to work in the new way or in virtual teams and the training should begin in schools.
  • Digital was an adjective, now its a noun and with Bring Your Own Devices (BYOD) we are entering an era of extreme customisation of the workplace by the consumer.
  • No one ‘owns’ the topic at a senior level. Like Knowledge Management ways of working and workspace environment is seen as being a horizontal function straddling many disciplines.

my takeaways

  • The next 5 years will see an accelaration in the growth of the generic workspace.
  • ‘No one can speak twice until everyone has spoken once’ was a lovely approach from David Pearl (Founder of Street Wisdom) to ensure everyone in the plenary session got their say.
  • People and conversations matter, in fact they are vital for innovation and knowledge sharing: people share not technology.  I realised halfway through the session how important it is to have the imaginery ‘water cooler’ or coffee station area where you can go to share and be stimulated. By listening to others I was able to craft an agenda which otherwise I might have struggled with.
  • Street Wisdom worked for me when I recognised I had given myself permission to take time to slow down and reflect. It is an effective way of changing mindset and a case of: ‘when you look at things differently, the things you look at change.’
  • And finally, I managed to create a wrap up session for next week’s KMUK event. Watch this space to see what I did and how it went.

one to watch

Re-Imagining Work remains one of my all time favourite videos.  Dave Copin imagines what might be possible if more organisations embraced the empowering potential of technology and encouraged a truly open working culture.  It is a great accompaniment to this discussion and one I use frequently to stimulate a debate.