Interview: Thomas Davenport
Davenport holds the President’s Chair in Information Technology and Management at Babson College and is responsible for the overall management of the Institute for Process Management. He and Larry Prusak also manage the Working Knowledge program. His published works include Process Innovation, Thinking for a Living, Working Knowledge and What’s the Big Idea? with Prusak, The Attention Economy co-authored with John Beck, most recently Competing on Analytics co-authored with Jeanne G. Harris
Here is a brief excerpt from my interview of Davenport.
Morris: In your various books and articles, you offer excellent advice as to how to manage knowledge. Let’s begin with a more basic challenge, one which Carla O’Dell and Jackson Grayson examine in If Only We Knew What We Know: First determining what your information needs are and then what necessary knowledge already exists within an organization. Your views on that?
Davenport: I certainly agree that it’s better to start with the knowledge your organization possesses already. It’s somewhat surprising that relatively few organizations have done either of the two steps above. They don’t examine their strategies and decide what information and knowledge are critical to achieving them, and they don’t have a good inventory of what they know already. Those two steps in that order would be a great boon for knowledge management.
Morris: In What’s the Big Idea? you and Larry Prusak explain how ideas are linked to business success, who introduces ideas to organizations and how they do that, why “content counts,” where the best management ideas come from, how ideas interact with markets, where to find ideas most appropriate to a given organization and then how to sell them, and why idea-based leadership is essential to any organization’s success. These are admirable objectives. Why do so few organizations achieve them?
Davenport: People get very excited about business ideas, but they don’t manage them to fruition very well. There are a variety of problems in this regard. Most companies take on too many ideas at once. They don’t have any sort of process for monitoring how the idea is being implemented within the organization. GE is the primary exception. Under Jack Welch they developed a management system for making new business ideas a reality, and they were very disciplined about which ones they took on. Then there aren’t usually enough idea practitioners around to make it all work.
Morris: Also in What’s the Big Idea?, you and Prusak assert that “Idea-Friendly Culture” which (a) has open dialogue between and among all levels, (b) supports “boundarylessness” to maximize individual and collective intellect from both within and outside the organization, and finally, (c) encourages trust and responsibility which will “allow people to learn effectively from each other and provide motivation for putting ideas to work.” That said, what role could and should senior management have to expedite and support such initiatives?
Davenport: They control the organization’s resources, and each idea that an organization adopts consumes resources. So it’s very important that they decide which ideas enter the portfolio that the organization will try to implement. They’re really setting the idea strategy—“what ideas are we going to pursue?” They also have to put pressure on the organization to make things happen. At GE, Welch would call business unit managers who would be moving a little slowly on an idea, and say, “Why aren’t you doing more with digitization? This is really critical to our success and your long-term future here.” That’s obviously very powerful.
If you wish to read the entire Davenport interview, please contact me at interllect@mindspring.com.
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