If Only We Knew What We Know: The Transfer of Internal Knowledge and Best Practice

O'Dell and Grayson focus on what they call "beds of knowledge" which are "hidden resources of intelligence that exist in almost every organization, relatively untapped and unmined." They suggest all manner of effective strategies to "tap into "this hidden asset, capturing it, organizing it, transferring it, and using it to create customer value, operational excellence, and product innovation -- all the while increasing profits and effectiveness." Almost all organizations claim that their "most valuable assets walk out the door at the end of each business day." That is correct. Almost all intellectual "capital" is stored between two ears and much (too much) of it is, for whatever reasons, inaccessible to others except in "small change." O'Dell and Grayson organize their material as follows:

Part One: A Framework for Internal Knowledge Transfer

Part Two: The Three Value Propositions [ie Customer Intimacy, Product-to-Product Excellence, and Achieving Operational Excellence]

NOTE: Part Two will be even more valuable when read in combination with Treacy & Wiersema's The Discipline of Market Leaders.

Part Three: The Four Enablers of Transfer

Part Four: Reports From the Front Lines: Pioneer Case Studies

Part Five: The Four Phase Process: Or, "What I Do on Monday Morning"

In the Conclusion, the authors assert that "there is no conclusion to managing knowledge and transferring best practices. It is a race without a finishing line." They are right, now and especially in years to come. In the concluding chapter, the authors share ten "Enduring Principles" which should inform and direct the formulation of any plan by which to manage knowledge and transfer best practices. During implementation of the plan, everyone involved must be willing and able to make whatever adjustments may be necessary. Perhaps the authors would agree with me that an 11th "enduring principle" affirms that change is the only constant. Those who share my high regard for this book are urged to check out Peter Senge's The Fifth Discipline and The Dance of Change as well as Isaac's Dialogue.