|
Shared Knowledge as a
Sustainable Competitive Advantage
Microsoft hires the brightest and best of the
new university graduates.
Bill Gates seeks not just the smart, but the "super
smart".
Bill Gates is clear however that
high individual knowledge is not enough in today's dynamic markets. A
company also needs a high corporate IQ – intelligence, knowledge, and
expertise of the company – which hinges on the facility to share information
widely and enable staff members "to build on each other's ideas". This is
partly a matter of storing the past, partly of exchanging current knowledge.
"We read, ask questions, explore, go to lectures, compare notes and
findings... consult experts, daydream,
brainstorm, formulate and test hypotheses, build models and simulations,
communicate what we're learning, and practice new skills," writes Bill
Gates.1
As individuals learn, their
knowledge adds to the corporate store. What matters most is quality, not
quantity; how effectively that store of knowledge is mobilized by
collaborative working. "The ultimate goal is to have a team develop the best
ideas from throughout an organization and then act with the same unity of
purpose and focus that a single, well-motivated person would bring to bear
on a situation."
That way, the super-smart, articulate person becomes the
organization writ large.
Corporate Knowledge
Management Culture
It is the boss' role to encourage
collaboration and knowledge sharing, using not just exhortation but reward
for the purpose. "Power comes not from knowledge kept, says Gates, but from
knowledge shared" – and managed. He advocates setting up specific projects
that share knowledge across the organization and making this sharing "an
integral part of the work itself – not an add-on frill."
Case in Point
7-Part Competitive
Strategy of Microsoft
Although Bill Gates, Founder of
Microsoft, built his empire on technological products, his business
mastery is even more important than his technical skills, and his
competitive urge is a huge driving force.
The early success of Microsoft was founded on
the company's 7-part competitive strategy...
More
Creating
a Knowledge Company...
Learning from Failures...
Microsoft's Concept of
Network Externality...

|