Page 103 - The McKinsey Mind
P. 103

03 (049-082) chapter 3  1/29/02  4:49 PM  Page 78






                               78                                               The McKinsey Mind


                               resources to KM. Finally, the technology represents the specific
                               strategies firms take to codify and share their knowledge most
                               effectively. Corporate intranets represent one of the most common
                               KM technology platforms. With any technology platform, keep-
                               ing the information it contains current and high quality is an ongo-
                               ing challenge. The center of the triangle includes the words
                               business results, a reminder that the yardstick for any KM effort
                               is its bottom-line impact on the organization. We used this frame-
                               work to interpret the results from our alumni interviews and came
                               up with the following lessons regarding KM implementation
                               efforts:

                                   • Develop a rapid-response culture.
                                   • Acquire external knowledge.
                                   • Control the quality of your input: garbage in, garbage out.

                                   Develop a rapid-response culture. The culture of an organiza-
                               tion is a tough beast to tame and extremely important. We define
                               culture as a combination of the employees’ shared values and
                               assumptions regarding the organization and its events and pro-
                               cesses, the organization’s incentive programs, and the nature
                               of daily interaction among employees. Examples would be the
                               level of formality (e.g., use of first names, dress code), the exhibited
                               level of respect between colleagues, and the amount of socializing.
                               Another example, extremely important in KM systems and data
                               gathering, is the rate at which employees respond to data requests
                               from other employees. It is difficult to run an effective KM system
                               without access to the uncodified knowledge in other people’s
                               heads. A rapid-response culture can help give you the most access.
                                   Larry Rouvelas, the executive vice president of Pulse Medical
                               Instruments, a small technology company, misses the McKinsey
                               culture in this regard:
   98   99   100   101   102   103   104   105   106   107   108