Too good to be forgotten

Monday, March 21, 2016

Too good to be forgotten (from Radio 4 Analysis) talks about “corporate memory loss”, that is the body of knowledge about how a company “does stuff” that is lost when people move companies or move jobs within a company. The brain drain. Now for everyday tasks, or tasks which are heavily prescribed (and often mandated), that is not a problem - have a manual, train people, do the job. But for those “professional” tasks where complex bespoke processing is required, that is usually not possible. And for those tasks that are unusual or “singular”, you learn when it happens the first time. As an individual you can then do it again in the future - but as a corporate?? As the programme notes, for things like recessions, market crashes, cold war…. these collective memories have or are being lost. The programme offers some pointers for how this knowledge might be preserved.

However this is not a new problem and has been around for millennia, although the rise of big business and, in particular, the fast turnover in jobs, makes this more acute. It reminded me of the work of Steve Denning who presented at a TedX event on the knowledge management he introduced at the World Bank called the springboard story. He presents in his book The Springboard. And specifically this was a short, focused, story designed to stimulate energy and enthusiasm, leading to change. This can be used as a leadership strategy or, in the manner originally used at the World Bank, making knowledge available, retaining, storing, managing that information. His strategy for developing the stories follow four steps:

1. True story: factually and authentically
2. Positive: inspire people with a positive story, happy ending
3. Minimalist Telling: not entertainment, stripped down, streamlined, core information
4. Contrasts Before and After: make it clear what the benefit is. This is the “take home”

Sage advice and worth thinking about within the context of your own business or industry.