The Role
Of Knowledge In Innovation
Innovation needs and strategies differ among the cases
studied, but all the study partners value knowledge, can articulate how it
relates to innovation, and seek to manage it better.
Boeing Rocketdyne defines knowledge as a synthesis of information,
experiences, processes, and understanding within an individual and cultural
context. Boeing Rocketdyne defines KM as a systematic approach to generating
process and product knowledge and organizing and retaining the process and
product knowledge so that it can be effectively applied to product improvements
and future products. The KM objectives are to improve quality, lower costs, and
enhance new process development in support of new program and customer
requirements.
Millennium, like most pharmaceutical companies, is in a race to
reduce the cost and time-to-market for new drugs. Millennium is seeking to
increase R&D productivity, reduce reliance on blockbusters, and increase
therapeutic competitiveness. Millennium is responding via three strategies: a
major focus on personalized medicine, productivity enhancement, and a growing
and sustainable pipeline of breakthrough products.
For Millennium, the unmasking of the genome has provided enormous
opportunities in drug discovery, but also has unleashed vast information from
disparate sources such as alliance partners and scientific literature. The goal
of KM at Millennium is to “enable the flow of information and knowledge across
the company—aligning technologies, processes, and incentives to create an
environment in which people have the information they need to make better,
faster decisions.”
Both NASA and JPL missions require the use of past knowledge and
experience, new approaches, and fine-tuned collaboration and knowledge sharing.
NASA and JPL believe knowledge and its management are critical to capture and
integrate lessons learned, in order to manage the risks associated with space
exploration and human space flight, to manage the specialized knowledge of its
scientists and engineers, to mitigate the loss of knowledge through retirement,
and to be able to share knowledge with the public.
In the case of 3M, Chairman and CEO Jim McNerney presented the
company with his 2X/3X challenge. He wants to see two times the number of ideas
at the front end of the process and three times the number of winners resulting
from the process. Getting these ideas will require 3M to intensify its support
for idea generation, as well as the productive conversion of those ideas to
successful products. This has led to a desire to take the historical focus on
knowledge sharing in R&D, intensify it, and expand the concept of KM and
knowledge sharing to other parts of the business, including sales.
For the World Bank, lending alone cannot reduce poverty.
Knowledge sharing allows new actors into the dialogue about development and
provides global access to development know-how, which could change the poverty
equation. The goals for the World Bank in sharing knowledge are increased speed
(faster cycle times on solutions), improved quality (better quality service),
increased innovation (testing new approaches), and reduced costs (eliminate
unnecessary processes).