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June 2008 Archives
Oliver Marks in a post in the Collaboration 2.0 weblog explores what the IT function and what the top management of companies think that Enterprise 2.0 is. Since most Enterprise 2.0 applications�� �include social and networked modifications to company intranets and other platforms��, it is an important question. Not surprisingly, the IT function sees this as a threat to security and an increasing threat to intranet content creation and presentations standards. Many of the these applications use data from existing enterprise apps and re-purpose the content for the E2.0 application, introducing further security risks to the IT platform.
What is interesting from my prospective, however, is that there is not any discussion of removing other collaboration or knowledge management applications from the stack of applications currently supporting the business. Enterprise 2.0 applications should have a clear business purpose, which is not, in fact, orthogonal to the mission of the IT function or other support functions. IT is always introducing new tools and migrating from one application to another. They need to make the business case for doing so, and the Enterprise 2.0 advocates should do the same.
One way to overcome resistance in the IT function is to include them in the requirements definition phase of the work, in the software selection process, and in the implementation phases. In fact, the IT function should understand the costs of the legacy applications, and be able to calculate the cost reduction opportunities.
Enterprise 2.0 applications should be presented as part of the natural progression of applications that make knowledge workers more productive. Knowledge management and the first wave of collaboration applications, improved productivity. Enterprise 2.0 applications will increase it even further.
Kevin Jones in his blog Engaged Learning is in the midst of a series of posts on how Enterprise 2.0 tools can be used in organizations to increase learning. His focus is primarily on objections and barriers to accepting Enterprise 2.0 solutions and how to overcome them.
In addition to Kevin's writings there is a long conversation occurring on the Enterprise 2.0 Conference discussion site. The title is Barriers to Adoption of Enterprise 2.0 Initiatives. Some of the points are similar.
I worked at Judge Business School at the University of Cambridge delivering executive education programs. Once, I took this photo of the front of the school to send it to my children to show them where I worked when I traveled to the UK. I took it from my mobile phone. Several months ago the publisher of travel guides, Schmap, emailed me saying they wanted to use one of my photos. I agreed, and now it is published in Schmap!! England. Here is what it says about the University of Cambridge in the description that accompany's the photo:
University of Cambridge
The Old Schools
Cambridge, CB2 1TN
Tel: +44 1223 33 7733
Most first-time visitors to Cambridge come with one aim: to see the university. But where is it? There is no sole university site, but rather the university's 31 colleges are scattered around the city. The university is said to date from 1209, when students fled riots in Oxford and settled in Cambridge. The oldest, Peterhouse, was founded in 1284; the newest, Robinson, in 1977. The colleges come in all shapes and sizes: from small postgraduate Clare Hall, built in the late 60s, to the grand Tudor expanse of Trinity. Every student is affiliated to a college, and each college is self-governing and financially independent. The university controls the faculties, subject departments, central administration (the Old Schools and the Senate House), museums, the printing press and the Botanic Garden.
Review © 2007, Wcities
Willpower Information has a comprehensive list of software for the development and editing of information retrieval thesauri. Precise retreival of information sometimes requires standardization of terms used when indexing and searching for items in a database. These packages include the functionality that... "support the basic pairs of relationships:
USE / USE FOR
BROADER TERM / NARROWER TERM
RELATED TERM / RELATED TERM"
Law Times - May 26, 2008 page 11. Daryl-Lynn Carlson wrote an article for the Law times describing how law libraries and the knowledge management functions are merging in many firms. In fact, this has been happening for some time in professional service firms. The work of librarians is so similar to the work of knowledge managers, it provides a natural way for librarians to increase their skills and participate in a more valuable role for the firm. Librarians become expert at answering questions that require research into the law or business. The work of the law firm adds value to the work done by a librarian and with the research can deliver recommendations to a client. Keeping a record of these decisions and the context of the decisions is critically important. Who better than a Librarian to index the content, create the access framework, and retrieve the data.
This type of change should be driven by the management of law libraries.
Law firm education does need to improve in China, as is indicated in a post from the Law Blog - WSJ.com : Notes From China: Legal Education Playing Catch-Up, in a Hurry. As I have researched the capabilities of Chinese companies to participate in the a global economy, it is remarkable how deficient the legal education system is. International Law firms entering China have a difficult time hiring good attorneys and companies willing to make investments find it difficult to find firms with the expected expertise.
Even with all the turmoil in the financial markets E&Y Sees Initial Offerings Surging in the U.S. - Capital Markets - CFO.com. I have been extremely impressed with Nouriel Roubini's predictions about the capital markets, and I still think he is right. Mr. Roubini feels that financial markets and financial institutions are under severe stress.
"The E&Y report, however, points out that although subprime jitters slowed the new issue market after the U.S. liquidity crunch started in the second quarter of 2007, the third-quarter interest rate cut put the domestic IPO market back on track toward record issuance levels in the fourth quarter. Although the U.S. economy continues to slow, it says, the Federal Reserve is expected to continue easing interest rates, with recaps at financial institutions maintaining their pace from the first quarter."
"E&Y notes, however, that despite the recent uptrend, the U.S. IPO market is losing global market share. From 2004 through 2007, it says, the volume of IPOs worldwide more than doubled, from $130 billion to about $280 billion. And the U.S. has been a minor participant in that growth. Most of the growth has come out of Europe, Middle East, and Africa (EMEA), largely Eastern Europe, and the Middle East, and to a significant degree Asia."