kxchange Corporate Knowledge Economy

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CORPORATE KNOWLEDGE ECONOMY

description

One of the greatest knowledge management challenges of corporates is to motivate of the workforce to contribute and self drive the knowledge management systems. This includes - keeping corporate knowledge bases such as wikis, portals uptodate - Contribute in knowledge sharing sessions and discussions - Participate in research activities - Enhance the social profile of the corporate and employees (blogs, forums, etc) kxchange is a corporate knowledge management systems that creates a virtual marketplace for knowledge artifacts. More you participate in the knowledge activities, more knowledge currency (KC) you gain. The richest is the most powerful in this open economy. Users can earn, spend, lend or even invest (own business) to earn better share of the money. The system is free of administration and follows open economy principles of supply and demand.

Transcript of kxchange Corporate Knowledge Economy

Page 1: kxchange Corporate Knowledge Economy

CORPORATE KNOWLEDGE ECONOMY

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EUROCENTER KNOWLEDGE SOCIETY - BASICS

• A group broadly distinguished from others by their interest on acquiring and disseminating knowledge

• One’s wealth will decide his capabilities and status within the society• Knowledge currency can be used by the individuals in the society in

fulfilling knowledge needs• Pricing will be determined by the market dynamics of supply and demand • This is a 100% open economy. No administration or manual manipulations• Prediction is that, all Eurocenter initiatives will like to be integrated with

KS in the future

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USE OF KNOWLEDGE CURRENCY

Earn Spend Lend

• Blog posts• Innovations• Yammer posts• Conduct KS trainings• Open source work• Wiki articles• Code components• R&D outcome

• Join Society• Pay membership fee• Attend discussions• Propose discussions• Fund R&D project

• Lend for someone to join KS

• Lend someone to do a training

• Borrow from the banker

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TECHNOLOGY BEHIND

Extractors

Screen scrapers

Feed readers

System Integra-

tions

Balance SheetApplication

earn

SpendInvest

lend

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KNOWLEDGE PORTAL – RICH INDEX

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KNOWLEDGE PORTAL - ACCOUNT

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KNOWLEDGE PORTAL – PARTICIPATE KNOWLEDGE ACTIVITY

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KNOWLEDGE PORTAL – HOST KNOWLEDGE ACTIVITY

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GOVERNANCE – THE BANKER

• Banker is a non-profit organization• Total amount of money within the system will be controlled (based on inflation)• Every transaction will generate a commission to the banker• Banker will distribute earnings proportionally to external knowledge

contributions (blogs, wikis, forums, etc)• No individual is allowed to retain wealth more than twice of his immediate

predecessor (in the top 10% of the rich)• People are allowed to donate to the banker• Any access earnings will be automatically donated