Links for 05/31/2008

Links for 05/30/2008

  • The difference in applying social technologies to existing business operations is not necessarily changing what you do, i.e. communicate with stakeholders, create new value propositions etc., rather it is more about changing how you do things.

    tags: socialmedia, business, businessoperations, collaboration, failure, risk

      • Does the initiative help people resolve problems or does it just mask problems?
      • Is the initiative tied directly to improving peoples experience with your business operations?
      • Have all the stakeholders (employees, customers, markets etc.) been made aware of and understand the purpose a social media initiative?
      • What are the key metrics of measurement for measuring the impact of any initiative?
      • Are social media initiatives aligned with other initiatives and tactic that aim at a common strategic purpose?

Organization’s networking potential will drive talents

I’ve just read with a real interest this post, about the power of people networks. Top make it short it says that people will be increasingly attracted by regions who offer a strong potential of networking and interactions because it allows them to exploit more their talents and maximise its economic reward.

The author concludes this way ;

I would submit a hypothesis: The capacity of a region for innovation can be measured by the number of formal and informal networking organizations that create “bridging” opportunities across the broadest possible spectrum of society. The richer and denser the skein of bridging networks, the more easily ideas can be communicated through a region, the more spontaneously creative ideas will erupt, and the more speedily people can convert novel notions into business opportunities.

Of course it’s about local development but I think we can transpose it to the enterprise world. That would mean that talents will be more likely to join companies who offer, internally and in the way they interact with their ecosystem, this ability to work as networks, to quickly create value through exchanges and to move quickly from ideas to effective projects.

What say you ?

Links for 05/29/2008

  • One of the key concepts in Richard Florida’s new book, “Who’s Your City?” is that of the “clustering force,” a knowledge-economy phenomenon that reward people for congregating in places where they can network and collaborate with one another. (

    tags: socialcapital, socialnetworks, innovation, bonding, bridging, clusteringforce, knowledgeeconomy, clusters

    • I would submit a hypothesis: The capacity of a region for innovation can be measured by the number of formal and informal networking organizations that create “bridging” opportunities across the broadest possible spectrum of society. The richer and denser the skein of bridging networks, the more easily ideas can be communicated through a region, the more spontaneously creative ideas will erupt, and the more speedily people can convert novel notions into business opportunities.
  • tags: socialmedia, relationship, connections, learning, conversations, benefits

    • Connect with people through common interests
    • Get to “know” the people I interact with because they share information
    • Constantly learn.
    • Carry on conversations with people as if I were in the next office
  • Demeuré pratiquement inchangé depuis le début du siècle dernier (Du Pont de Nemours), le calcul n’envisage que les retours financiers directs. Particulièrement pratique pour évaluer la rentabilité des investissements générant rapidement du cash, il est totalement inadapté pour mesurer la potentialité des projets de nouvelle génération.

    tags: ROI, TCO, intangibleassets, strategy

    • La principale difficulté se situe d’ailleurs à ce stade de la réflexion. Mettre en place une solution technologique comme un ERP, un produit CRM ou un système de Business Intelligence s’inscrit dans une démarche globale de concrétisation d’une stratégie établie. En aucun cas, un projet de ce type ne peut être entrepris après en avoir découvert le besoin par hasard, en croisant un consultant persuasif ou un client exigeant.
  • “A project is a localized energy field comprising a set of thoughts, emotions, and interactions continually expressing themselves in physical form.”

    tags: projectmanagement, interactions, project

Reaching strategic goals : intangible assets matter. The Strategy maps approach to Enterprise 2.0

As I said in a previous post, there’s one and only one way to know whether something is worth or not : whether it supports the enteprise’s strategy, whether not. In the first case it’s worth being done, in the second it’s worth being forgotten. In concrete termes, that mean the only question in the enterprise 2.0 debate should be to explore if, and in which way, it can support strategy.

As enterprise 2.0 aims at taking the most of intagible assets, we have to wonder if those assets are really useful or if they’re just “nice to manage”, and if what we put in this big bag called enterprise 2.0 can really help to harness them. This will be the purpose of a coming series of posts.

The problem with intangible things is that even if we feel they are very important, i’s hard to mathematically quantify their contibution. We know they help to create value without being able to say how and how much. Because of that, when it’s time to make a decision about investment, this area is often left aside.

Since I needed a starting point, my first though took me to the balanced scorecard. Without any prejudice, just because ar first sight I felt there were some possibilities there.

My first thought were confirmed : even if it’s reaaly interesting and powerful, it’s often partially applied, and our balanced scorecard becomes unbalanced due to the priority given to the financial side.

Norton and Kaplan must have come to the same conclusions since they improved their system with the concept of Strategy Maps. Unfortunately most companies focus on the original concept expressed in 1992. Strategy maps dates from 2001 and obviously too few companies really paid attention to what was really important with that.

Instead of presenting different perspectives and hope an equal importance will be given to each, strategy maps show the correlation between all the perspectives in the purpose to support strategy. And the result is meaningful


Strategy maps
Of course it’s only a framework that has to be adapted to each particular case but we have things to learn from that.

For example we can see that organization capital, information capital and human capital are the base of every formal business process which contribution in value creation we know how to measure. This sound obvious but shown like that it makes things clear. Without the appropriate clture it’s impossible to support any strategy. It’s the same for key competences, information, management methods etc.

In 60% cases, enterprises have the right strategy but they fail to support it. Perhaps because fundamentals are neglected.

In the coming posts we’ll talk about those differents aspects, what they mean, how to measure them, how to value them. And once we’ve finished we’ll be able to say whether enterprise 2.0 can help, in its technical and organizational side.

Some elements to begin :

• Value creation is indirect : intangible assets don’t create value by themselves, but through their use in business process.

• Value is contextual : the value of intangible assets depends on their alignment with strategy

• Value is potential : if business process don’t use those assets, their value remain potential and can’t be fully realized.

• Assets are bundled : intangible assets have to be use in conjuction with tangible assets.

Strategy Maps: Converting Intangible Assets into Tangible OutcomesFor those who want to go furher I recommend you to read the excellent “Strategy Maps“.

Links for 05/26/2008

Back from Barcamp @Lille

Yesterday I attented the first barcamp in Lille, which topic was enterprise 2.0. This event is important for many resaons :

- despite of french centralizing culture, it shows that interesting events don’t happen only in Paris. An when things are well done that such an event can have a nationwide audience.

- enteprise 2.0 now interest more and more people and not only specialists

- despite most French Business School refuse to jump in the E2.0 train, whether you consider the business or technical side, Lille Business School is really trying to embrace this challenge, notably with their library 2.0 project which is really impressive since it’s about social software but also about reinventing the information paradigm and teaching it to those who will be our future coworkers.

So, here are a few things I retain. [Read more...]

Links for 05/25/2008

Links for 05/24/2008

Where do they find time to participate ?

In a former post, I mentioned Clay Shirky’s “Here comes everybody”.

One big question about everything people do outside the organization is “where do they find time to do that”. I have the answer for my ow case, but I recommend you to listen to Shirky’s opinion.

Now let’s apply this thought process to all the wasted time in enterprises…