Monday, September 29, 2008

Personal

I enjoy reading, hanging out with friends and family, church and sports. I enjoy reading world news and events. Most of the friends have been my friend for many years. I have a very respectable family. The sports I watch include football, baseball, golf and basketball. Right now, the football is my favorite sport.

September 29, 2008 class: Exam 2

Review of exam 1 -Appropiability: how easy it is to have your computer imitate what you are doing, replication. You open a restraurant on a corner and there is nothing unique about it, and someone else hires your cook and opens a restaurant next to you, your competetive advantage is gone unless you have something unique. Like a service, it take more than just food, it a the way customers feel when they walk in the door. Complementary, two things working together.

use wikipedia to learn about these
-Expert systems
expertise presented in software form in explicit knowledge base.
knowledge base includes, validation, editing, empirical rules, aquisition, domain experts, explanation module, inference engine
go to the website www.exsys.com They sell organizional human expertise online, meaning it is expressed exlicit to make it more available to the users. Problem-solving website.

-Web 2.0____Social network, collaberation, conversation, blogger for business, km perspectives
-Nucor steel: One (1) question on the test about Nucor steel
-New age of innovation

Wednesday, September 17, 2008

KM 3500 Lecture notes

Strategic if it has lasting impact. Increase return, because upfront cost may be millions of dollars. There is a learning curve involved in many things.

km 3500 test

Go to s-drive and download the word document to study before the test on Monday.

Books

Order two books from Amazon. We will being talking about these books the week after exam week.

Test sept

Organize thoughts while studying in your own way not just for this class. According to a series of studies in cognitaive studies, who specialize in how people learn and process information, it is concluded that organization is the key to performance. Remember this if you do not remember anything in class. Not memorization. Analogy of organization is you have tons of files. Whether these are organized in a organized manner determines if they will be found later.

Do not memorize on the test; you should have a framework or model to organize your thoughts.

Km 3500 Test on Monday Sept 22 2008

View Dr. Jih's website

Good knowledge sharing to support innovation. Value innovation, customer innovation gives you competetive advantage.

Be diligent in collecting, learning new knowledge. Be involved a good collaborative effort to learn from each other so that you are in understanding.

Example: In a programming class, it is important to work in a team. If you are fast and someone in the group is slow in the group, let them know how you overcome your challenges of being a slow programmer to be fast. Show your tips and shortcuts. Walk through one more time and even your understanding would impove. Could be called team or a community. Practice what you preach.

Customer driven innovation-Many customers have implemented this idea. Look at www. innocentive.com. Dr. Jih wants to assign a team to study this website. It is innovation and collaberation by customers. Encourage customers to get involved in organization. This website should serve as a role model for all industys. Innovation is the only way that America can get back its competitiveness. America is going down compartivley speaking. Innovation is the only way that it can get its competitivness back while we still have a chance.

Wednesday, September 3, 2008

Knowledge Management

This blog covers knowledge management and other business theories that are used by companies to gain a strategic advantage over other companies and raise the business vision. The vision of a company could be to introduce innovative products to the market. In this case the company will want their knowledge managment to focus on innovation and products. The knowledge kept by a business must be useful in some way to that business. If it is not useful then the company is waisting time and money on resources that are not beneficial.

Welcome

Welcome to the Business Theory Strategic Study