Knowledge but not as we know it: “looking at business through a microscope and telescope”

Many moons ago before the introduction of GDPR I used to provide a semi annual update of my activities to people who said they were interested in what I was up to. With the requirement to get permissions from the recipients and a book to help complete those updates went to the back of the queue. Over the last few months though much has happened so here are a few reflections.

SmartWorking Summit

It’s Mid October and I’m back in Docklands to attend Quora’s Autumn Smart Working Summit. With attendees focused on work place environments and effective working practices (including genuine diversity) it picked up on a theme I’d heard recently at many Sussex business sessions namely how to manage mental health in the workplace.

It seems that many of us are not happy with our working environment (people get distracted every 3 minutes in an office apparantly) or indeed our managers.  And since the young are seemingly ill disposed to stay more than 2 years with any employer the traditional social contract between employer and employee is undergoing a massive shift.

Many of the speakers and contributors from the floor talked about “3rd place working” and the need to curate good environments both physical and virtual.  Many bemoaned the use of corporate safaris to see how others set out their space and over lunch a few of us debated the value of floor, meeting or community hosts to facilitate working in hub environments.

Does this matter? Yes!  Workplace productivity is down 9% in the last decade in the UK and compares unfavourably with the rest of the world. In a report released in January 2019 by employee engagement organisation Engaging Works the UK ranks 10th in the world for workplace happiness. They note:

“What is perhaps most striking is that eight of the countries which sit ahead of the UK in 10th place also sit above the UK for productivity, where the UK is a global laggard.

From a knowledge sharing perspective this is important. People are more likely to share if they feel engaged and supported yet few I spoke to involved in the design of office environments had knowledge sharing as a critical success factor when designing space. Neil Usher’s excellent Elemental Workplace came to mind at this point.

Selling your business

I had the great pleasure of attending a Masterclass run by BCMS at a rural location in Kent last week. A boutique M&A house they assembled a group of owner businesses to share tips on the process. It was slick and impressive.

A few stats stood out:

  • Few companies sell to competitors.
  • You need to talk to (interact) with at least 200 potential buyers.
  • Traditional valuation methods (DCF / NPV) are a thing of the past, sell based on a mulitple of future earnings as an acquired or merged business.

Underpinning their model is a dedicated research group who maintain what Founding Director Dave Rebbettes described as a massive M&A database. It took me back 25 years to my Corporate Finance days when using search I helped create a knowledge base to tell us what ‘we’ knew about a business, their people and the markets they operated in.

The word “Curate” was used a couple of times to describe how data is assembled but not in the context of managing knowledge. Once again I was left pondering why as I did last year when I wrote: “If so few Mergers & Acquisitions are successful why is Knowledge Management so often ignored?”.

Post coffee (and chocolate) we were treated to a presentation by Green & Black’s Co Founder Jo Fairley. Jo charted their journey from 1991 when they set the business up in their lounge, disposing of large stake to an investment group, being acquired by Cadbury’s, then Kraft and onto the current owners Mondalez.

Jo highlighted how post acquisition by Cadbury’s in 2005 the company suffered a loss of knowledge exacerbated by Kraft’s takeover of Cadbury’s.  Interestingly Arthur Shelley who was then CKO of Cadbury’s spoke about a similar issue when we interviewed him for “Navigating the Minefield: A Practical KM Companion”.

Recognising the importance of not losing the DNA of the brand, Mondalez have hired Jo as part of an induction process to illustrate the ethical (Fairtrade) historical legacy of the brand for new employees.

I ticked off some key points Jo made in response to a question about 3 things they got right. I was delighted these match Bees Homes top 3 aspirations:

  • Great product and branding
  • Great customer service
  • Capture the testimonials

To which I would add, “Create Brand (chocolate) Ambassadors” to ensure there is conscience in the brand.

Recognition & Awards

In a recent personal reflection the widely respected Euan Semple noted:

… the stress of working with different businesses all the time is getting to me…  So what to do? I don’t feel inclined to start marketing myself for the consulting and speaking. I never really did. I wrote stuff, people read it, and work came in. I am not even really sure why this has changed. But I am not sorry.

The outpouring of suportive comments on Facebook and LinkedIn must have been rewarding to Euan for ‘putting it out there”. Why does it take something like that though for people to acknowledge and recognise contributions made by others? As many of you will know since 2012 I’ve included a section on my site Who I admire (and why). In it I recognise people I’ve worked alongside who’ve shaped the way I think and act.

In August I wrote about Dr Gada Kadoda from Khartoum who helped found the Sudanese Knowledge Society.  I was delighted the BBC recently recognised her as one of the “top 100 women of 2019 for her work in rural communities.”

Continuing the recognition theme Bees Homes, one of the businesses I helped set up and run, has since inception led an annual Pride of Eastbourne” campaign at Christmas.

We encourage people to nominate those they feel deserve recognition for the good they’ve done for others. The winners, chosen by the Mayor and Chamber of Commerce members, each receive a Sussex Hamper which the nominator presents.

While on the subject of awards I was humbled to receive this email a few months back from the Walford Prize judging panel. The award is given each year to a person deemed to have made a significant contribution to the field of Knowledge & Information Management:

The judging panel were most impressed by your energy and enthusiasm and complete commitment to spreading the word about knowledge and information management not only in the UK but worldwide.

I pick up the award alongside KM luminaries Patrick Lambe and Nick Milton (winners of the best book for their Knowledge Manager’s Handbook) at a ceremony next week.

And finally

I wanted to share my response to Euan since it reflects where I am today after 20 years running a portfolio of activities:

Euan Semple you and I have talked before about having a portfolio of activities where a thin red line or thread connects everything you do. I know many people who’ve taken a jump from the security of a “day job” to being in what today is known as the gig economy. And in the majority of cases they are more fulfilled emotionally if less financially enriched. I’ve watched your journey from corporate to ‘consultant’ to ‘traveller’ with admiration. I’ve always believed that people are judged by the stories others tell about them. You’ve spawned many. Keep travelling!

On the subject of travelling I will end this update with something Jo Fairley said about how to run a successful business.

Look at the business through a microscope and a telescope!

Now off to do just that!

“Anytime, anywhere, any device”: Working smarter in a knowledge world

Last week was fun. A couple of enjoyable dinners, an interesting day at the BSI KM Standards Committee helping to shape the UK’s response to the latest draft of the  emerging ISO KM Standards and a thought provoking day at Quora Consulting’s flagship Smartworking Summit. I will focus on the latter as it impacts the former.

Why are you here?

As I said in answer to that direct question posed to me by one of the speakers during his address:

Because John invited me for which I thank him.  I am also here as the discipline I focus much of my time on (Knowledge Management) relies heavily on the right environment to facilitate the sharing of knowledge. Also as a member of the BSI KM Standards Committee which is looking at ISO standards for KM I am keen to seen something in there that reflects the move towards smarter working.

I coud have added that, following the lead of Professor Clive Holtham and Victoria Ward, I have been banging on for a long while about the importance to Knowledge Management of an effective physical environment, it’s one of the indicators I look for when performing a Knowledge Audit or Assessment at any organisation.

The event:

The very well attended senior level event (of the near 200, 75% were C-Suite Directors) was held near St Paul’s and had as it’s focus in the morning “unlocking the full potential of women at work”.

quora-summit-pmThe afternoon comprised a series of breakout sessions. I went for the “Creating productive workplaces” session facilitated by John Blackwell, Quora’s founder and CEO.

As an aside it was nice to see Euan Semple again who was cofacilitating a round table session that draws on an interesting piece of work he is doing and was entitled “Building Bridges, dismantling siloes”.

Interesting fact of the day from Wednesday’s Smartworking Summit – collectively, the registered delegates interact with over 80 million employees on a daily basis – impressive!

Smartworking in context:

Statistics released by the Department of Work and Pensions and The Office of National Statistics are terrifying for the future of the UK economy which has already seen productivity fall by 17% over the last 10 years. These stuck out:

  • The UK will need to fill 13.5 million job vacancies in the next ten years but only 7 million people will be leaving schools and universities during that same period. And further, 70% of those graduates will be female.

The Summit’s premise was:

“…there are only two realistic ways of plugging this 6.5 million job vacancy shortfall – encourage people to remain in work beyond the conventional retirement age and crucially, attract far more women into the workplace.”

The morning speakers drawn from some of the UK’s largest employers shared their stories.

I liked:

  • The ‘Come Back’ returnee programme for a 12 week period which helps Mums rejoin the organsation after pregnancy leave.
  • The carers work programme wherein flexible working hours (often in chunks of 30-60 minutes) are offered to remote workers who look after those incapable of doing so themselves.
  • The bottom up shadowing programme wherein senior staff are mentored by young employess on the use of Social Media.
  • Anytime, anywhere, any device. The strapline of a programme at a financial services firm who are faciliting a blend of working practices and estimate that 40% of their work will be done flexibly.
  • That Cabinet Office and BSI recently launched a Smart Working Code of Practice.  PAS 3000 gives recommendations for establishing good practice for the implementation of Smart Working, against which organizations can be benchmarked. It covers changes to working practices, culture, working environments and associated technology.
  • The following quotes:

On expecting staff to focus for 8 hours a day: “You can’t leave your life at the door”

On the imposition of a dress code for the office: “How about we trust you to do the right thing?  If you look in the mirror and ask whether you can get away with wearing this it’s probably wrong”

On the need to change mindsets: “What the boss does gets copied”; “It’s great to talk, its better to listen”; and “Climbing the greasy pole to reach the corner office”.

I was surprised by:

The results of Quora’s recent survey.  Here’s what they said:

We have just released our latest research publication titled “Creating today’s workplaces for tomorrow’s talent”. This study engaged with just short of 3,000 people to explore the correlations between productivity, employee engagement and retention, and amongst its stunning findings are;

  • In 1990, 10% of the workforce was over 55.  By 2010 that had risen to 26% and, by 2030 the proportion of workforce over 55 will exceed 50%,
  • Just 21% stated that the impact of changes at their organisation are tracked and measured.
  • Only 33% regard their workplace as optimised for productivity,
  • Less than half trusted their manager to do the ‘right thing’ by them,
  • 66% stated the main reason for leaving their job was because they ‘found their managers dull and boring’.

Among the conclusions are that workplace design needs considerable fresh scrutiny into the productivity impacts of light intensity and spectrum, daylight, sound amplitude and direction, air quality, air temperature, odour, and occupant location and activity, and provision of quiet space.

Lastly, given that the brain takes 30% of all energy input into the body, the provision of nutrition needs a complete rethink.   Considerable attention needs to be given to eating frequent, portion controlled small meals focused on nutritional value.

I am concerned about:

  • The rate of commercial redevelopment that is taking place in London. If the workplace of the future is so uncertain and large organisations are consolidating their sites, making workspace more collaborative and shared, who is going to occupy the offices being developed now?
  • The scarcity of skilled British workers to fill the impending void at a time when the authorities seem to be making it harder for overseas workers to come to the UK.
  • A survey that found only 1:5 believed their leaders would do the right thing.

I took away:

  • The notion that the future cv will evolve from being a list of employers to a list of interesting projects and that 75% of new graduates today are predicted to leave within 2 years due to dull management and an unproductive environment.
  • The revelation that we now have 4 generations working at the same time so personalisation of approach is really important. Generation Rent employees have vastly different value sets from the Baby Boomer employees.
  • The suggestion that the leaders of the future will be Influencers with a focus on outcomes and that some organisations are using Social Network Analysis to identify who they might be.
  • The need to manage nutrition as well as the physical and virtual environment of the workforce. Better nutrition and conditioning = better performance in physical activity so why not in the workplace?the-edge
  • A desire to visit The Edge the greenest most efficient ‘smart’ building in the world when I am in Amsterdam in January. The Edge has proved a big attraction to prospective employees of the building’s tenants who include Deloitte’s.
  • The importance of effective knowledge capture and retention to ensure that, whatever technique is used, knowledge from skilled elders gets passed on.

And finally:

Fast forward two days and I am at Chiswick for the BSI Meeting.  The first person I meet is someone I heard speak a few years back in Amsterdam at SocialNow.

Dana Leeson is a Digital Workplace Architect at BSI helping to transform bsi-spacetheir working practices and environment.  One metric they are using: reduce occupancy levels (from 100% usage of the office by their staff to the mid 70’s).

Theirs reflects similar initiatives across UK government who are reducing the number of buildings they occupy and introducing co-working hubs for many departments.

 

 

‘…there’s zero collaboration or institutional knowledge’: learning lessons from winning teams

So says Paul Azinger, the last US Captain to win the Ryder Cup, in the aftermath of the 2014 event and the accompanying soul searching. He implicitly acknowledges the importance of building on what ‘you’ know as an institution if you are to be successful.  This is what he said:

A big difference between us and them is that Europe always has a succession plan. McGinley was surrounded by past captains and future captains, and they all reap the benefits. We’re lone rangers as far as captains go. Nobody knows what we’ve done in the past. There’s zero collaboration or institutional knowledge.

 

why Team Europe’s victory is relevant to business

Why is the outcome of a biennial golf match of interest to lawyers and others who work in highly rewarded and individualistic roles? Because the players are all ‘Rock Stars’ in their own right who come together sporadically to play (and win) against their peer group.

What stands out about the European approach? Meticulous planning, attention to detail, clarity over roles before, during and after each Ryder Cup match and a willingness to acknowledge that no one player is bigger than the team.  Business is no different relying on a collaborative team approach and a set of shared values.

In October 2012 Apple CEO Tim Cook reshuffled his team, this is how it was reported in a Bloomberg Business Week interview:

“The key in the change that you’re referencing is my deep belief that collaboration in essential for innovation – and I didn’t just start believing that. I’ve always believed that,” said Cook. “It’s always been a core belief at Apple. Steve very deeply believed in this.”

Cook said that he wanted to ensure that Apple takes its already “enormous” level of collaboration even higher. “There are many things. But the one thing we do, which I think no one else does, is integrate hardware, software, and services in such a way that most consumers begin to not differentiate anymore.”

“You have to be an A-plus at collaboration,” Cook continued. “And so the changes that we made get us to a whole new level of collaboration.”

Here’s how commentator Kristine Kern (@kristinekern) of the Table Group saw this move:

Let’s be clear: Ousting a rock star from your team — or asking them to change their ways — is not always something you can do. But it’s something you should consider. “Like most things, it’s not black and white,” Kern concludes. “Organizational health requires rock stars do both stellar and healthy work. Which shouldn’t be a problem: Most true rock stars rise to a challenge. Just don’t be afraid to demand it.”

why shared values matter

Some time ago I was the Business & Strategy Advisor to an Anglo-Dutch company in the professional services / software business. It was around the dotcom boom period when investors were falling over themselves to back the next hot opportunity. Company valuations were bizarre: at one point on revenues of $20m we had a market cap that was 40 times bigger. Our AIM share price went from £1.25 to £16+. It was easy to be profligate, we weren’t and I take personal pride in having taken the lead on travel budgets and integrating the acquisitions we made.

As we grew (acquiring first a US firm, then a German one) and shifted our centre of operations (and development) from Europe to the USA the Executive Management team all recognized the importance of having a set of values and a structure that could transcend global operations while recognizing cultural nuances peculiar to the location of each office.

What might go down well as a motivational incentive in Denver would need tweaking to be embraced in Maastricht let alone in Guildford. We needed a framing device that everyone in the business could buy into and in the management’s case the cojones to ‘get with the programme’. So we organised a cross company group of all levels to work through what they wanted out of the business – how they wanted to be treated as employees and in most cases, shareholders.

To this day I can remember the constituent parts:

  • a clear vision understood by all
  • a meritocracy that rewarded success and took action on poor performance
  • inspiring and visible leadership
  • a place that was fun to work where you could pick up the phone to anyone.

We had 6 locations and office sizes ranged from 12-50.  We had a central sales/CRM system everyone used and we had quarterly conference calls with the management team where people could ask what they wanted. Board meetings rotated around the various offices, one was virtual the next in situ. When tough decisions were required we were clear about why they were being taken and communicated that.

Of course technology and process played a role, the corporate intranet was a good information source. We conducted Peer Assists, After Action Reviews; we fed our learnings back into the development process and we used what we learned to reengineer the business around the Stage-Gate New Product Development Process.

The going got tough, people got let go, yet Sopheon survived and today has an award winning software, Accolade, with embedded Knowledge deployed in the innovation and new product departments across hundreds of organisations globally.

so what

Whether business or sport, people respond to good leaders who provide guidance and clarity, hold people to account for poor performance and recognize/reward exceptional performance. They are also good at making the right decision and leading teams through implementation by inspiration, perspiration and collaboration. I’m sure those will feature prominently when Captain McGinley releases the inevitable ‘Building a winning Ryder Cup Team’, book.

Good decisions are informed by good knowledge: of clients, of markets and of resources. Knowledge Management when performed well becomes ingrained behaviour and Knowledge Sharing is a core element.

and finally

I am indebted to Euan Semple (who talks and writes common sense) for my summary. Taken from his excellent tome ‘Organisations Don’t Tweet, People Do‘ Euan argues that in today’s interconnected world it is increasingly important to be seen to add value and to be seen to be knowledgeable and willing to share that knowledge. He goes further:

In the old days ‘knowledge is power’ used to mean holding on to it and only giving it out judiciously to certain people. In an Internet world there is no point in having knowledge if people don’t know you have it, and if you are not prepared to share it. Web tools enable more knowledge to flow more readily around your organisation. Taking part in this process is going to be more obviously a part of being more productive than ever before. Being able and willing to share your knowledge will become a key business skill.

Collaboration is the mechanism by which Knowledge is often shared. It is something Apple and the US Ryder Cup designate (a forecast from me – Azinger to be the US Captain in 2016) recognise as being a core ingredient for a successful venture. So should you!