All of our work links the value of knowledge and information to the value of the overall organization — its goals, strategies, and performance. We apply business tools and metrics to epistemic resources — data, information, knowledge, and intelligence (DIKI). We call our approach Knowledge Resources Management (KRM).
In general, the value of knowledge is determined by its agency — what we do with that knowledge. In enterprise — business, government, or nonprofit — we seek knowledge, not as an end in itself, as might be the case in an academic context.
Rather, we seek knowledge primarily as a catalyst to producing enterprise value by (1) improving performance, (2) managing risk, and (3) enabling a range of other outcomes-based enterprise goals.
At TKA, we develop tools and methods to help our clients rapidly visualize, diagnose, and improve the quality, value, and performance of their epistemic resources. The best-known of these is our KVC, shown here.
The KVC framework examines the transformations from knowledge to value in detail — enabling you to assess and amplify the value of your existing knowledge resources, as well as add new ones where needed.
Quality assurance is as important for data as it is for manufacturing. As our enterprises — and our entire economy — rely increasingly on data, our trust in that data become especially critical. The KVC adapts Total Quality frameworks originally designed for manufacturing environments to enterprise epistemic resources.
The importance of this will only increase as human-machine hybrid approaches are increasingly deployed throughout the enterprise. Much our current work serves to ensure that the business case drives the deployment of AI and other technologies, not the other way around, as shown here:
There are other frameworks that have Data, Information, and Knowledge (DIK) as foundations. We call these DIKx models — “x” typically being Wisdom (or something equally abstract and lofty.) How is the KVC model different and (we think) more effective?
As one client put it, “I thought [the KVC] was a really useful diagram due to [its showing] the actions needed to move through the stages and that it didn’t just stop at knowledge like a lot of the others.” Without agency, knowledge has no net positive value — and may even reduce value.
The KVC can help anyone—in any industry—who produces, manages, or uses information in helping an organization achieve its strategic and tactical goals. We’ve applied it in a range of client situations, most often in our work with professionals in:
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The KVC product line consists of books, workshops, and technical assistance provided by our worldwide licensee The Knowledge Agency®, a consultancy wholly owned by TW Powell Co., a New York corporation. Knowledge Value Chain and Knowledge Agency are registered trademarks of TW Powell Co.
Three easy steps will get you started:
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