Take a look at this list of corporate values: Communication. Respect. Integrity. Excellence. They sound pretty good, don’t they? Maybe they even resemble your own company’s values. If so, you should be nervous. These are the corporate values of Enron, as claimed in its 2000 annual report. And they’re absolutely meaningless. Indeed, most values statements, says the author, are bland, toothless, or just plain dishonest. And far from being harmless, as some executives assume, they’re oft...| Harvard Business Review
Knowledge is everything in this world. It enables us to advance across multiple disciplines, and provides a clear distinction between humans and animals. Knowledge is power. It allows us to make optimal decisions based on a heightened sense of good and bad. By making the most of the knowledge available to us, we’re positioned to... The post What is Knowledge Management? The Benefits of a Knowledge Management Strategy appeared first on Training Station.| Training Station
Reprint: R1312D High-performing knowledge workers often question whether managers actually contribute much, especially in a technical environment. Until recently, that was the case at Google, a company filled with self-starters who viewed management as more destructive than beneficial and as a distraction from “real work.” But when Google’s people analytics team examined the value of managers, applying the same rigorous research methods the company uses in its operations, it proved the ...| Harvard Business Review
Information is raw data - it's unprocessed, unfiltered, and often uninteresting. More specifically, information is often the collection or aggregation of raw data. It often answers questions that begin with which, what, or where. Which company paid the highest dividend on stocks in 2010? Where is the most densely populated African American population in the United States?| Seth Vargo
The cost of producing a physical newspaper is significantly higher than providing that same information digitally. News produced digitally is available to anyone, especially if placed on the Internet. Various online news providers can cover their costs entirely through advertising. Others charge a monthly subscription fee; that fee, however, is often a fraction of a monthly newspaper subscription.| Seth Vargo
Time is money. We often hear this phrase in a metaphorical sense, but what if it were actually true? What if time could be considered a medium of exchange just like the US Dollar, The Yen, or the Euro? Throughout this thought paper, we will explore why time is an excellent medium for exchange in information markets.| Seth Vargo
Hundreds of years ago, humans were required to memorize vast quantities of information. This is why stories and legends were often converted to rhymes or rhythms so they could be easily remembered. With the advent of written communication, the necessity to store superfluous volumes of information became obsolete.| Seth Vargo
Connectors save time. Rarely will a connector know the answer to an organization's question, but he or she will always know where to find the answer. Librarians are an excellent example of this principle - they do not know all the information of every book in their library, but they know where to find every book.| Seth Vargo