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Competitive Intelligence – do you really know?

A sometimes tongue in cheek look at Information Survival Skills & Value Driven Personal Knowledge Management as a solution…

by  Albert Cruywagen - CE of quantumiii Consultants

To “know” is the raison d’être for the existence of almost all competitive intelligence activities. Of course CI professionals need to know certain specifics in a specific format – nevertheless – we want to “know”… In CI terms to “know” also presupposes the gathering and systematic reworking of information in order to gain required “knowledge”.

Knowledge and Successful Economies

“The successful economies of the future will excel at generating and disseminating knowledge, and commercially exploiting it.”

Tony Blair (1953–) British Prime Minister - Lecture to the Fabian Society, London

Does IT provide the solution?

In scrutinising the concept to “know” it becomes clear that it is dangerous for CI professionals – if not downright silly – to expect too much from automated (primarily IT driven) systems and to neglect the capacity of people to provide exactly the “knowledge” they want. In CI people are the competitive advantage.

Consider the following two extracts from Microsoft’s 2000 Encarta World English Dictionary focussing on the importance of “human presence” in the world of knowledge:

Knowverb :-

  1. hold information in the mind: to have information firmly in the mind or committed to memory

  2. be certain about something: to believe firmly in the truth or certainty of something

  3. comprehend something: to have a thorough understanding of something through experience or study

  4. recognise differences: to be able to perceive the differences or distinctions between things or people.

 

Knowledge – noun :-

  1. information in mind: general awareness or possession of information, facts, ideas, truths, or principles  

  2. specific information: clear awareness or explicit information, for example of a situation or fact

  3. all that can be known: all the information, facts, truths, and principles learned throughout time.

Our people – our greatest asset?

From the above it ought to be clear that people – human beings – are the only creatures able to “know” and to deal with knowledge and to add value through their complex involvement with and in knowledge. People (we!) are the competitive advantage and not the impressive arrays of computers and technological wizardry we have become so dependant on.

Managing knowledge and adding value through human involvement (also referred to as knowledge work) has – especially for the committed CI professional – a severe downside which impacts heavily on our ability and sometimes even willingness to be involved with knowledge: information (knowledge?) overload.

Information Overload

“An immense and ever-increasing wealth of knowledge is scattered about the world today; knowledge that would probably suffice to solve all the mighty difficulties of our age, but it is dispersed and unorganized.  We need a sort of mental clearinghouse: a depot where knowledge and ideas are received, sorted, summarized, digested, clarified and compared.”

H.G. Wells, The Brain: Organization of the Modern World, 1940

The Impact of Information Overload

Consider the following: In five years the amount of knowledge that exists now will double. This amount will continue to double every five years! And then – to add insult to injury - we never use 80% of the information we keep…

A solution?

The solution lies not with the computers and impressive gadgetry as is so often argued but with deploying a special set of tools (sic!) called ISS (Information Survival Skills)

In managing information overload it is essential to focus on the following:

·         Develop the ability to decode propaganda and demythologise the highly commercialised and entertainment based culture.

·         Polite psychologists and sociologists call it “resistance to enculturation”.

·         Ernest Hemmingway had a less elegant term – he called it “crap detecting”.

The question however remains: How?

To start with one should run a test on the following assumptions commonly used in all kinds of arguments today:

·         The Internet will change everything and everybody.

·         Eventually, all human beings will be connected.

·         People will have to learn a completely new way of thinking.

Under no circumstances can these assumptions be true unconditionally.

Non-digital Skills

In working in a knowledge world – despite commonly argued assumptions such as the above, it is becoming increasingly clear that non-digital skills still rule!  (Sic transit gloria mundi…)

These non-digital skills are:

·         Interpersonal effectiveness

·         Filtering: the ability to see through the clutter

·         Propaganda resistance

·         Breadth of knowledge

·         Tolerance for ambiguity

·         Intellectual courage

And the future?

Without promising to be a cure-all, a very promising set of solutions are to be found in the concept of Value Driven Personal Knowledge Management.

The approach of quantumiii towards Value Driven Personal Knowledge Management differs from most in that the firm does not proclaim or prefer to use any single methodology or model – life in the fast lane does not permit this! quantumiii even uses Value Driven Personal Knowledge Management as a vehicle to achieve sustainable results in executive coaching!

(Read the quantumiii view: Value Driven Personal Knowledge Management in Executive Coaching)

Decision-making and leadership must be viewed as a specific form of knowledge management and knowledge application. Decisions are made based on information and the interpretation thereof – thus on the basis of acquired and “developing or evolving” knowledge.

The “quality” of this knowledge impacts heavily on the quality of decisions and leadership. Useful and accountable knowledge does not merely “happen”.  Nor is it gathered by trusting the opinions of friends or the media.

The creative leader has to develop a personal method/style of dedicated knowledge acquisition and evaluation.  This results in more than cursory knowledge as we proceed towards the innate dimensions of human existence.

Really useful knowledge is “created” only when we succeed in bringing it into context with the essence and deeper dimensions characterising human life; with those hidden dreams and expectations, which often have more influence on behaviour than logic alone.

These deeper forces form the values of value driven personal knowledge management.

In an extremely diverse society such as the South African society, it is imperative to steer clear of even the notion of decisions made and leadership exerted based on superficial knowledge.

We have to thoroughly consider the theory and practice of value driven knowledge management at the personal level – especially with regard to the question how the knowledge of the values of the diversity of cultures in Southern Africa can assist us in realising our new future by making positive decisions.

quantumiii e-mail: q3@quantum3.co.za

quantumiii and CI - quantumiii Consultants provide clients with turn-key CI consulting services.  quantumiii’s involvement in Knowledge Management in general and Personal Knowledge Management (PKM) in particular, combined with a notable interest and involvement in intelligence and counterintelligence makes for a keen interest in the field of Competitive Intelligence and Business Counter Intelligence.  The motto of quantumiii - "Your competitive leadership advantage..." necessitates client focussed knowledge of, involvement and interest in most knowledge related disciplines.

 READ:

-Open Yet Guarded: Protecting the Knowledge Enterprise
-Integrating CI into KM
-Post-Industrial Espionage
-Open Dialogues and Closed Communities
 Competitive Intelligence – do you really know?
-quantumiii and Competitive Intelligence

Read about:  The reason for quantumiii's success...

 
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Contact Information:  Telephone: +27(0)124305128     Fax: +27(0)866162088     Cell: +27(0)828233280      e-mail: q3@quantum3.co.za

Contact Information:  Telephone: +27(0)124305128     Fax: +27(0)866162088     Cell: +27(0)828233280      e-mail: q3@quantum3.co.za