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WORKING KNOWLEDGE Chapters 1-4 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

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WORKING KNOWLEDGE Chapters 1-4 Discussion

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  1. WORKING KNOWLEDGEChapters 1-4 Discussion Casey Tealdi January 29, 2007 MIS 580

  2. Knowledge = Power orKnowledge = 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 entry-level salaries (6.8 percent).” • Source: NACE’s 2006 Experiential Education Survey (1)

  3. 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 Knowledge = Power orKnowledge = More Money?

  4. 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)

  5. 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 Share Fair @ Texas Instruments

  6. 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 counter-terrorism data was integrated across agencies.” • Source: InsideKnowledge Article (3)

  7. 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 9/11 Knowledge Crisis

  8. Information Sources • 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?ArticleID=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.00316755-CF5A-4CAC-8D48-F80D128BD4E0/qx/display.htm

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