The factory

It was a weekday morning in the early 1990s. I stepped out of my office at FIND/SVP onto what the floor of what at that time was arguably the largest independent business information center in the world (and probably still is, though now it’s called Guideline). It covered the better part of a large city block. Shelves filled with books and magazines rose partway to the very high “downtown New York” ceilings. People scurried here and there, making copies, tapping on computers, speaking on phones to some of our 2,000-plus clients. Bees would have been envious of this intense buzz of activity!

Then, it dawned on me. This place was a factory—a knowledge factory! We started with some kind of raw data—numbers, words, databases, ideas—and passed it along to our clients. They in turn used the information to create value—competitive advantage, profits, revenues, opportunities, solutions, etc.

Read the rest of this entry »

  • Latest Posts

  • Topics

  • Archives

  • About this site

    COMPETING IN THE KNOWLEDGE ECONOMY is written by Timothy Powell, an independent researcher and consultant in knowledge strategy. Tim is president of The Knowledge Agency® (TKA) and serves on the faculty of Columbia University's Information and Knowledge Strategy (IKNS) graduate program.

    ===================

    "During my more than three decades in business, I have served more than 100 organizations, ranging from Fortune 500s to government agencies to start-ups. I document my observations here with the intention that they may help you achieve your goals, both professional and personal.

    "These are my opinions, offered for your information only. They are not intended to substitute for professional advice."

    ===================

    We typically publish monthly on or about the 15th of each month, subject to our client workload. Use the RSS feed links below to subscribe to posts and/or comments. Better yet, follow us on Twitter @twpowell to be notified of new posts and related developments.

    Thanks for reading! Please mention us to others and add your non-spam comments and suggestions -- we value your input.

    ===================

    COMPETING IN THE KNOWLEDGE ECONOMY is sponsored by the Knowledge Value Chain® (KVC), a methodology that increases the value and ROI of Data, Information, Knowledge, and Intelligence.

    The contents herein are original, except where otherwise noted. All original contents are Copyright © TW Powell Co. All rights reserved.

    All KVC trademarks, trade names, designs, processes, manuals, and related materials are owned and deployed worldwide exclusively by The Knowledge Agency®. Reg. U.S. Pat. & TM Off.

    ===================

    E SCIENTIA COPIA. Knowledge is the Engine of Value.