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Would Einstein Call You Insane? Break the KM Failure Cycle Audio is routed through your computer – please turn on your speakers Submit questions via the QUESTIONS panel. Q&A at the end of the presentation For audio issues or technical assistance, please use the QUESTIONS panel.

Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

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A look at why Knowledge Management Inititiatives Fail, and some ideas for how to fix them, starting - or restarting - at the beginning.

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Page 1: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Would Einstein Call You Insane? Break the KM Failure Cycle

Audio is routed through your computer – please turn on your speakers Submit questions via the QUESTIONS panel. Q&A at the end of the presentation For audio issues or technical assistance, please use the QUESTIONS panel.

Page 2: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Today’s Presenters:

John RagsdaleVP, Technology and Social ResearchTSIA

Diane BerryChief Knowledge Evangelist Coveo

Page 3: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Would Einstein Call You Insane? Break the KM Failure Cycle

John RagsdaleVP Technology and Social Research

TSIA

Page 4: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

4

Why Do KM Initiatives Fail?

Project loses focus, leadership, and/or funding

Knowledgebase contentnot maintained

Hard coded and/or outdated taxonomies

Myopic view of useful or valuable content

No processes to address content gaps

Must be a part of corporate culture and budget

Analytic approach to identifying unused/outdated content

Auto-generated taxonomies that adapt with content

Unified/intelligent search across the enterprise

Enable expertise management and collaboration

@coveo

Page 5: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

KM Implementations are Mature, But Not Delivering Value

Customer Facing KB

Employee Facing KB

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

23%

13%

5%

4%

5%

13%

67%

70%

How long have you had your KM implementation?

1 Year 2 Years 3 Years 4 Years or More

Customer Facing KB

Employee Facing KB

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

0%

0%

16%

18%

12%

27%

33%

25%

40%

30%

How do you rate your current KM implementation?

Awesome Very good GoodNeeds some work Needs a lot of work

5

Source: TSIA 2013 Knowledge Management Survey

@coveo

Page 6: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Even Most Successful KM Programs Have Knowledge Gaps

23%

15%

23%

10%

18%

10%

How many days does it take to publish a new knowledge article?

1 Day 2-3 Days 4-7 Days 8-14 Days 15-30 Days >30 Days

• Hit Rate– Percent of support issues

resolved by existing content in the knowledgebase

• Industry Average Hit Rate: 43%– Minimum 5%– Maximum 80%

6

Source: TSIA 2013 Knowledge Management Survey

@coveo

Page 7: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Most Used Resources to Solve Support Incidents

7

Customer Log Files Customer Configuration Info

Forums Knowledgebase Documentation Incident History System Diagnostics Bug/Enhancement DB Web Content0

0.5

1

1.5

2

2.5

3

3.5

1.4

1.6

22.1

2.4

2.72.8

2.9

3.3

1 = "Most Frequently Used“, 5 ="Never Used”

Source: TSIA Support Services Benchmark

@coveo

Page 8: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Satisfaction, Adoption and Planned Spending: KM and Intelligent Search

2011 2012 2013 2014 Benchmark Average -

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

5.0

3.2 3.3

3.4 3.6

4.3

Satisfaction with KM Tools5=Extremely Satisfied

2014 Adoption 2014-2015 Planned Spending0%

10%

20%

30%

40%

50%

60%

70%

80%

90%85%

69%

46%

50%

Adoption and Planned Spending

Knowledge Management Intelligent Search

8

Source: TSIA 2014 Global Technology Survey

@coveo

Page 9: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Would Einstein Call You Insane? Break the KM Failure Cycle

Diane BerryChief Knowledge Evangelist

Coveo

Page 10: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Signs that Knowledge Management is broken(in the customer environment)

Page 11: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

It will get even worse….“Organizations are data-rich but insight-poor.”

Page 12: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

The knowledge people need is everywhere

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The Goal: Always-on, Always-there knowledge

Page 14: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

KM processes must catch up with technology

Page 15: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Data preparation: Are taxonomies working?

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Why do taxonomies fail?

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Taxonomies are important

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But have always been resource-intensive

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With a a loooong development process

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Unlock the power of data and the crowd

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Faster, more agile taxonomies

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The Long Tail of Enterprise Knowledge & the need for crowd curation

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Defining “crowd-assisted curation”

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What about security?

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Knowledge & experts in the flow of work

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Knowledge in the flow of work must be contextual

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Technology platform components

Page 33: Would Einstein Call You Insane? Coveo TSIA Webinar June 5 2014

Thank You. Questions?