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Review: Why Buy the Cow?

by Paula Thornton

A collaborative writing project, not only sponsored by WebEx but also published by them, this book carries the byline: How the on-demand revolution powers the new knowledge economy. [“on-demand” is a critical element of the “customer revolution” -- the FASTforward ’08 theme]

The premise of the book is well stated in the Forward, written by Dr. Timothy Chou, author of “The End of Software”  (a favorite mantra I repeat, walking IT halls):

…businesses and consumers alike can access amazing functionality, built on massive computing power, by simply connecting to it. Which prompts the question that is the title of this book: Why buy the cow, when you can get the milk for free? Or, if not for free, by paying only for value received, completely free of the headaches and burdens inherent in “cow ownership.”

As I was writing this (primed with another set of words to begin), these comments struck a different chord. Almost in a reverse-Billy-Crystalesque-City-Slicker sort of way, I thought of the dude ranch mentality. In this case, the irony plays out with the CIO-as-land-baron, who has grown so accustomed to a Dallas-like status that goes with managing a ‘large spread’ (they’re not called server farms for nuthin’), that CIOs can’t imagine any other way of doing business.

But they’ve been duped – somewhat attributed to the term which has labeled them all these many years: Information Technology. The reality is that they’re not barons of information – they’re barons of data. Ten years ago we started a movement to unleash the data from the applications they were locked into. Anyone who has to use enterprise software will suggest that we haven’t gotten very far.

CIOs are the barons of data technology, not information technology. Data only becomes information when it ‘informs’ – which requires a recipient-relevant context (ask any CIO what that even means). A map on the wall of an abandoned gas station in the Mojave desert is only useless data –unless the gas station is marked on the map AND it’s relative directional positioning (e.g. angles of the building to the grid of the map). Information is data in recipient-relevant context – and it has to ‘matter’ to me, as well.

Intentional or not, these barons of technology turned everyone else into information serfs or peasants – left to be satisfied with whatever they were given, whenever it was provided to them, and be thankful.

The internet and decreasing costs of computing power and storage shifted the power base. There was a land rush on – anyone could own a piece of land and call it their own. And they did.

The internet was the virtual space to create your own sandlot game, and let it grow into a major league ballpark (if that’s what you wanted). Many warned about the ungrounded economics upon which the stock prices of eCommerce companies were based – and they gloated when the stocks plummeted. The economics did prove to be wrong, but even in their supposed overinflated states, these stocks may still prove to be undervalued after all (Amazon’s 1999 $100+ price was matched again in Oct. 2007).

But, back to the book…it did get all these thoughts stirred up.

My colleague, Bill Ives, contributed two great chapters, both focused on 2.0 topics, with some stirring of his own. Offering real-world examples, he illustrated simple, successful 2.0 endeavors. Nothing earthshaking – but that’s the point of it all. Earthquakes are powerful and can move a lot of matter in a very short period of time, but they take a long time to build up and the results can be catastrophic.

There’s a time and a place for being treated like royalty, paying $100/person for a dinner. But most of the time, we really just want the price, convenience and the unique features of a really good roadside diner. Bill shares the sights and sounds of the digital Route 66.

High marks to Bill for totally ‘nailing’ the real value and potential of Knowledge Management – by aligning it to a del.icio.us example. That suddenly put to rest for me my distaste for Tom Davenport’s continuous insistence on harkening back to the over-engineered, over-controlled, baron-wielding-devices of the likes of Lotus Notes, as proof that 2.0 offers nothing new. KM isn’t about someone else managing my knowledge – it’s about me managing my own, on my own terms: THAT’s at the heart of the User Revolt (you have to understand the ‘why’ of the revolt if you want to seek ways to either quell or leverage the revolution).

Bill hints at, as I firmly believe, that we haven’t even begun to unleash the undiscovered potential of the next, yet-to-be-named-Wiki-Mash-a-Blog-Tag, that might define the rules of the ‘new’ game to be played in this vast field of dreams. One example he offers is Harvard’s H2O project which puts a different spin on knowledge collections (like del.icio.us), by creating playlists of content: http://h2obeta.law.harvard.edu/home.do [don’t confuse the letter in H2O with the number zero, as in 2.0].

Taking the time to champion once again the beauty of the fundamental doctrine of The Cluetrain Manifesto – Markets are Conversations – Bill offered many great examples of how markets are changed by conversations. While I seem to hear more rumors of corporate leaders getting caught in the backlash of having open conversations via blogs, Bill offers a great list of successes. He also features three case studies, illustrating specific economic capitalization:

  • Creating Small Business Communities to Develop Markets
    An Oklahoma winery gained its own market attention by drawing upon the collective strengths and energies of other wineries, by creating an online business community.
  • Blogging Your Way to Success
    A founder of a 2.0 solution gained focus for his offering by gaining attention to his blog.
  • Creating Online Connections and Relationships
    An on-demand service, filled a market need by facilitating the connection between individual needs and the service offerings of others (need-service matchmaking).

Bill shares a number of other artifacts and examples – thought appetizers. He calls attention to the behaviors of these emergent experiences as they evolve and connect one with another – an amazing element of emergence, unintentional results – often more valuable than the original design/intent.

I saw more evidences of a thread of truth, which we are not fully embracing. Enterprise 2.0 is far more significant than Web 2.0 because unlike the corollary of Web 2.0=internet, Enterprise 2.0>intranet. It fundamentally changes the way we can/should consider doing business, internally or externally, for ALL relationships.

A final Enterprise 2.0 perspective from Bill:

On-demand business solutions are already empowering businesses to interact in a richer and more personalized way with customers [I add here, all other relationships: vendors, dealers, employees, etc.]. In the future, we see a movement toward greater integration of these services, to offer a full spectrum of collaboration options, extending the benefits they offer. Participants will be able to move seamlessly from asynchronous dialogue media like blogs and wikis, into virtual meetings when the conversation calls for real-time exchanges…The availability of this full spectrum of synchronous and asynchronous collaboration technologies will expand the options for connection and further enable community.

So to close the circle on that chapter Bill, it goes back to the opening quotes you provided from the Cluetrain Manifesto, right? To ride the crest of the economic wave of ‘now’, we need to find new ways to enable and facilitate (ala. access to facts) continuous conversations – AND participate in them.

I’m waxing my surfboard.

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2 Comments »

Bill IvesJanuary 30th, 2008 at 5:49 pm

Thanks for your kind thoughts. They are very appreciated. I also like what my fellow authors did: Dave Snowden, Steve Barth, Cindy Gordon. Heidi Collins, and Subrah Iyar. Bill

Zia ZamanApril 14th, 2008 at 2:11 pm

A lot of amazing insights in this review; makes me want to buy the book or more importantly get you to write one.

Quote: “KM isn’t about someone else managing my knowledge – it’s about me managing my own, on my own terms: THAT’s at the heart of the User Revolt (you have to understand the ‘why’ of the revolt if you want to seek ways to either quell or leverage the revolution).” Nicely said.

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