A revolution in the sharing of knowledge…

Transforming e-Knowledge
TABLE OF CONTENTS     Best Practices, Business Models, and Strategies   © SCUP 2003
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Terms & Concepts

 

 


Chapter 6

Best Practices, Business Models, and Strategies

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Terms & Concepts

Cascading Cycles of Reinvention: The dual forces of new Web technologies and e-knowledge standards and seamless, portalized enterprise applications infrastructures will accelerate the reinvention of processes and practices for e-knowledge. Iterative cycles of reinvention will cascade for decades.

Best Practices: What does best practice mean during a period of reinvention and transformative change?
It means existing conceptions of “best practice” will be challenged by new alternatives. Given the wide range of global knowledge environments, best practice will likely take radically different forms around the globe.

Business Models: The business models for e-knowledge are the combination of services, experiences and prices offered to acquire e-knowledge. These are likely to change significantly. Already, the unit cost of e-content is being driven downward. Low-cost e-learning practices are being developed in Asia, and those practices will likely be adapted to application in developed markets in North America and Europe.

Strategies: Enterprises will need to develop enterprise-wide strategies for knowledge and for their various activities supported by e-knowledge. Enterprise strategies for e-learning, for opening new secondary marketplaces for e-knowledge, and for using knowledge as an instrument of competitive advantage will become important.

Knowledge Management Strategy: Enterprises develop strategies for developing the infrastructure, processes, and capacities necessary to maximize the stewardship of their knowledge assets.

 

Knowledge Strategy: Articulates the centrality of knowledge to the enterprise’s mission, vision, and competitive position. It presents the enterprise’s strategy for deploying its knowledge to establish competitive advantage.

Automatic Tagging and Automatic Sequencing: Use of automated tools to assess content/context and automatically determine tags for reusable learning objects.

Portfolio of Initiatives: Every enterprise has a portfolio of initiatives, with various levels of risk and transformation potential ranging from improvement to incremental reinvention to radical transformation.
Enterprise Plans and Initiatives: The organization’s regular business plan and initiatives which must explicitly reflect the enterprise knowledge strategy.

 

     
     

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Jonathan Swift