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34                                                               Chapter 2



               summarizes or repackages information to meet the needs of distinct individuals
               through profi ling and personalization value-added activities.
                    Meyer and Zack echoed other authors in stressing  “ the importance of managing
               the evolution and renewal of product architecture for sustained competitive success
               . . . different architectures result in different product functionality, cost, quality and
               performance. Architectures are . . . a basis for product innovation ”  (Meyer and Zack
               1996, 44). Research and knowledge about the design of physical information products
               can inform the design of a KM cycle. In Meyer and Zack ’ s approach, the interfaces
               between each of the stages are designed to be seamless and standardized. Experience
               suggests the critical importance of specifying internal and external user interfaces in
               order to do so.
                    The Meyer and Zack KM cycle processes are composed of the technologies, facilities,
               and processes for manufacturing products and services. He suggests that information
               products are best viewed as a repository comprising information content and structure.
               Information content is the data held in the repository that provides the building
               blocks for the resulting information products. The content is unique for each type of
               business or organization. For example, banks have content relating to personal and
               commercial accounts, insurance companies hold information on policies and claims,
               and pharmaceutical companies have a large body of scientifi c and marketing knowl-
               edge around each product under design or currently sold.
                    In addition to the actual content, the other important elements to consider are the
               overall structure and approach as to how the content is stored, manipulated, and
               retrieved. The information unit is singled out as the formally defi ned atom of informa-
               tion to be stored, retrieved, and manipulated. This notion of a unit of information is
               a critical concept that should be applied to knowledge items as well. A focus at the
               level of a knowledge object distinguishes KM from document management. While a
               document management system (DMS) stores, manipulates, and retrieves documents
               as integral wholes, KM can easily identify, extract, and manage a number of different
               knowledge items (sometimes referred to as  “ knowledge objects ” ) within the same
               document. The unit under study is thus quite different — both in nature and scale. This
               again links us back to the notion that KM is not about the exhaustive collection of
               voluminous content but rather more selective sifting and modifi cation of existing
               captured content. The term often used today is  “ content management systems. ”
                    Different businesses once again make use of unique meaningful information units.
               For example, a repository of fi nancial statements is held in Mead ’ s Data System Lexis/
               Nexis and the footnotes can be defi ned as information units. A user is able to select
               a particular fi nancial statement for analysis based on key attributes of the footnotes.
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