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Delivering a Critical Online Project
Knowledge Genes® Case Study:
Customer

Global Financial Services Institution.

Situation

A full-service Global Financial Services Institution (GFSI), heavily criticized by shareholders for being late to the multi-billion dollar opportunity as the market moved to online trading, announced to the press that they would launch an online service within 90 days.

Follow-on services would need to be rolled out over the following year; each with progressively more aggressive time frames that relied on being able to execute and subsequently improve best practice with each iteration.

Customer Problem

The customer had a number of knowledge related problems:

  • Knowledge underpinning a number of the processes to be taken online was locked in the heads of 5 GFSI Subject Matter Experts (SME's).
  • There was no consolidated resource that defined the knowledge gained from the successes and failures of previous projects.
  • Some of the knowledge that needed to be automated was complex and highly tacit in nature.

The customer had a number of project management alignment issues:

  • Vendors and internal teams had no common understanding of their roles and tasks within the context of the larger project.
  • Previous projects had suffered severe delays due to miscommunication through the use of multiple information formats; finger pointing due to a poor understanding of roles and responsibilities; flawed implementations due to gaps and misalignments in process that were only detected when the system went 'live'.
  • Tasks were being tackled without an explicit understanding of how they aligned to the objective of 'going online', resulting in a high level of wasted activity.
  • Traditional forms of text documentation were too high level and ambiguous for technical specialists implementing a complex systems project, or too 'techie' to be used by senior management for strategic planning and business case development.
Solution

Knowledge Genes® Author software was used to:

  • Rapidly capture, validate and structure the largely tacit best practice process from the SME's.
  • Provide an unambiguous (and apolitical) set of models that:
    • Explicitly mapped all tasks to the objective of 'going online'.
    • Defined roles and responsibilities.
    • Systematically tested (rehearsed) the process before going 'live'.
    • Provided context (an expert index) to the project documentation.

Knowledge Genes® Server Software was used by GFSI and Vendors as:

  • The definition of the current project status.
  • An ongoing resource that defined best practice incorporating 'lessons learnt'.
  • An online resource that was used to align and coordinate multiple team efforts.
  • A means of ensuring a common approach and context for strategic planning, bench marking and project performance evaluation.
  • A knowledge protocol for the transfer of knowledge between geographically remote teams; incoming and out going team members; multiple third party vendors.
Primary Users

CTO Level Consultants, Senior Project Managers, Business unit directors, operational managers, Security, Change Management Department, technicians, systems engineers, software developers, hardware architectural developers, the strategic planning group, and the quality assurance team.

Implementation

Knowledge Genes® methodology and technology was implemented in multiple, and in many cases, simultaneous phases. The major implementation areas were:

  1. Knowledge Capture of the mission critical processes underpinning web hosting - a number of high-level knowledge captures sessions were conducted with CTO level consultants and project leads.
  2. Gap Identification. For the initial project 2 Knowledge Genes® consultants systematically used HOW-WHY looping (detailed cause effect analysis and process rehearsal) in order to identify possible alignment issues real time.
  3. Capture, Validation, Transfer
    1. Day 0 processes before system went active - Over the course of the project each subject matter expert spent 5-10 hours in Knowledge Genes® Knowledge Capture Sessions.
    2. Day 1 after the system goes live - 2 weeks of model refinement continued after the completion of the project to link all associated documents, web sites, and additional Knowledge Genes® models to create a roadmap for future large scale projects.

Ultimately, a complete model was developed for all the processes involved for Web Hosting that included:

  • Change Management,
  • Release Management,
  • Quality Assurance,
  • Performance Engineering,
  • Network Infrastructure,
  • Systems Maintenance,
  • Security,
  • Contingency & Recovery,
  • Problem Escalation Management.

GFSI continues to roll out additional and expanded Knowledge Genes® projects.

Results and Returns

GFSI experienced a 50% (2 month) reduction in what was considered, by GFSI, to be an unrealistic deadline of 4 months.

The "at risk" multi billion dollar revenue stream of the Global Asset Management client base was retained.



The Knowledge Genes® approach and technology are protected by international patents.
Knowledge Genes®, Knowde®, Knowledge Compass® and Knowledge Compass® logo are registered trademarks of Hyperknowledge AG. Knowledge Matrixand WHAT-HOW-WHY are trademarks of Hyperknowledge AG.