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Chief Knowledge Officer

Real-Life Activities

Real-Life Decision Making -- Solution

You don't buy the program.

You decide to rely on face-to-face contact and your existing systems. You don't want to take the personal contact out of your job. You are applauded by management, which assigns some extra people to help you with the projects you have been working on.

A problem was found in the program that would make it incompatible with your existing system, so it could not be used without an overhaul of the systems you use right now. It's a good thing you didn't waste the company's money.

Robert Neilson is a CKO and a professor of information systems management. As Neilson puts it, a CKO creates a flow of knowledge across time, space and boundaries. Every little decision that's made in the process has to have some value to the company. Decisions have to be linked to what Neilson calls "a business value proposition."

In order to come to a decision, explains Neilson, a CKO asks themselves these questions: Why am I doing this? Am I doing this to get a product or service to market quicker? Am I doing it to get closer to the customer? "In other words, all of these efforts have to be anchored back into a business value proposition," says Neilson.


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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.