BQF Innovation

We had a successful meeting of the BQF Innovation Unit today in London where the topic was Knowledge Management for Innovation. Professor Michael Kelleher gave a comprehensive explanation of KM. Some of the points he made were:

• The cost of ignorance is high. NASA and the British Nuclear Industry both lost important early knowledge.
• You should align your KPIs to achieve innovation through KM
• Corporate Yellow Pages allow you to find key skills and experiences
• Employees need to be motivated to share expertise so put it into objectives and appraisals
• ‘After-action reviews’ and ‘lessons learnt’ need to be captured
• Organisational story telling is a key part of KM
• To help with innovation we need a searchable corporate memory of past failures as well as successes

Martin Fowkes, who is responsible for KM at Taylor Woodrow then covered what they are doing in this field. When it comes to innovation the Taylor Woodrow motto is - Think, Prove, Do. (Many other companies operate - Think, Analyse, Reject.) They promote innovation through physical innovation notice boards and an innovation buddy system. Before they bid on a new tender they search their knowledge base to look for relevant experiences. They then run workshops to generate innovative approaches.

There was a discussion on related topics. Many participants use Microsoft’s Sharepoint for KM. Blogs and wikis are increasingly important tools.

If you are a member of BQF then Pat Myles can supply copies of the Powerpoint presentations from the day.

Next Meeting will be on July 30th in London with the topic - Competency Traps - presented by Arthur D Little. More details will follow.

Paul Sloane