Friday, January 14, 2005

Free Knowledge

The value of knowledge can’t be assessed by the amount of money paid to obtain it. Knowledge is valuable when it is applied at the right time, right place and for the right cause.

In the pursuit of knowledge we spend a lot of money attending universities and various training programs. In most cases, knowledge is delivered without the right tools to apply that knowledge. The question arises, what is it then that we should seek, knowledge itself or knowledge about the knowledge?

With the advent of the Internet most knowledge is freely available. Take the case of MIT’s OpenCourseWare. It is a publication of course materials from over 900 courses offered at MIT. All this for free! You get access to information that is actually used in MIT classrooms. So, here’s all the knowledge from a reputed institute available at the click of a button.

Does that mean nobody needs to attend classes at MIT anymore and can getaway by reading the online material? NO! Very few individuals have the capability to capture knowledge and at the same time realize its usability. Everyone else needs the guidance of an experienced teacher, who will train you to effectively apply the knowledge. That is why most of need to sit in a classroom.

But, can we strive to be one of the few who can realize the value of knowledge? Yes, if we consistently seek a means to apply the knowledge that we possess and seek the knowledge that we don’t possess. It is that attitude of constantly applying and seeking knowledge that will take us to that state. And then knowledge will be truly free!

Friday, September 10, 2004

Why?

‘Why: for what cause, reason, or purpose’.

The dictionary definition of ‘Why?’ seems pretty simple but give it a little thought and you’ll soon realize how powerful that one word is.

What prompted me to write this posting was watching a three-year old learn about the world around him? Every sentence that this kid spoke started with a ‘Why’. Why are we doing this? Why does my toy do this? Why are you being nice (or not) to me? And when you give him an answer, it comes right back at you with a ‘Why’ attached to it. In the process, he has sought the root cause of anything that interests him.

Now, take a look at an adult. How many do you know, who are driven by this curiosity? Look at yourself. How many times have you found yourself seeking the root causes by asking ‘Why’?
Why is someone successful?
Why is someone sad?
Why is a company making money?
Why is a company going bankrupt?
Why are some countries better off than others?
And the list goes on and on.

I believe that when you find an answer to any of these ‘Why’ questions, it makes you more aware of things. What you’ll find is, that with every additional ‘Why’ you are moving down a spiral path, at the bottom of which is your final answer. When you get there, you’ll realize how so many things that we do are related to one cause. Realizing this one cause lets you justify everything else. This kind of exercise would make an individual more knowledgeable and responsible.

Businesses can perform ‘Why’ tests on every process that takes place within the organization and see if the answers lead to their core values or objectives? If yes, they are on the path to success. If not, then that process needs to be redefined.

It’s amazing how much you can learn just by asking ‘Why’. Maybe we should start our days with one question.

Why am I what I am today?

Friday, September 03, 2004

True Globalization

Globalization has changed the global economy by breaking geographic barriers and allowing businesses to reach out to customers and supplier around the world. Lower operational costs and higher revenues have benefited the global organization. With the advent of newer communication technologies and less restrictive trade policies different world economies are better able to integrate and utilize their resources.

Here’s the flipside. All this liberalization has benefited another group of people. The one we would least consider while building such policies. They are the criminals, whose sole objective is to inflict harm and terror on society, both, for profit and pleasure. Surprising, isn’t it? With increasing globalization, governments are finding it all the more difficult to combat such criminals. The same policies and innovations that opened up new markets for businesses have also created new opportunities for criminals.

What kind of criminal activities have most benefited from globalization? Here are the top-five.

Drugs
Arms Trafficking
Intellectual Property
Alien Smuggling
Money Laundering

(Read Five Wars of Globalization By Moisés Naím for additional information).

Governments are spending billions of dollars battling these activities and are still unsuccessful in controlling them. One primary reason is the lack of information sharing and coordination between the governments of the various countries. Why would countries that are quick in developing trade policies refuse to collaborate to control criminal activities? The biggest obstacle is a lack of trust amongst nations.

But, why doesn’t this lack of trust restrict trade? Because trading partners realize the benefits of working together. The benefits are far greater than any mistrust that might exist. Can nations realize similar benefits in controlling illegal activities? Yes, they can! And when they do that and join hands together, not just for business, but also for a better world, that’s when we have achieved true globalization.

Tuesday, August 31, 2004

Wiki World

Ever wondered what the result of a combination of open-source, collaboration and lots of information would be? If you still haven’t guessed it, it’s the WIKI world. A wiki is an open-source web site that allows any user to add or edit content. That leads us to the WikiWikiWeb which is an ocean of such sites with wiki technology and wiki jargon like WikiGnome, WikiFairy and WikiGremlin. By the way, wiki means ‘quick’ or ‘super-fast’ in Hawaiian.

Curious about what all this means. Check out wikipedia.com. Published in many languages, it is a free, open-source encyclopedia. The website claims that the English version alone consists of more than 92.8 million words. There are over 745,000 articles in 83 languages. The search feature helps you locate articles of interest.

It is amazing how so much information, which can be edited by anybody, is streamlined, verified and presented in a proper manner. Want to know how? Go to wikipedia.com. There is detailed information about how all the information is managed.

Wikipedia is a wonderful lesson in collaboration. It is very difficult to see this level of collaboration is social and business environments. If only such a medium exists to allow people to collaborate - members of a community, employees of a company, suppliers, customers and more. Wouldn’t the world be a wiki-er (faster, smoother, better) place to live in?

Tuesday, August 17, 2004

Global Warming

Recent reports present a very bleak future for the environment. Global warming has once again taken the front seat in the media. A fresh series of storms and disappearing life forms have all been attributed to global warming. It is predicted that global warming will redefine the face of the Earth and also the lives of its inhabitants.

Apart from climatic changes, global warming has a tremendous impact on the economy. The monetary losses sustained due the impact of global warming are enormous. Considering the damages done by storms, this is absolutely true. And the indirect costs, like insurance, would also sky rocket. Insurers believe that the annual cost of global warming will hit $150bn a year - that's five times the annual earnings of the entire population of Nigeria.

Maybe it is already too late to reverse the damage that is already done. But, it is never too late to change our way of life and protect the Earth from future damage. Experts recommend using alternate fuel sources and energy-efficient appliances. For more information on such recommendations and also on government policies to control global warming check out the Greenpeace website.