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CEO and
President,
Cerebyte
"Cerebyte
solves a specific problem
for chain and chain-like
companies"
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Cerebyte
Cerebyte, Inc. was founded in early 1997
by a team of professionals with over 40
years of combined specialized experience
in the intellectual capital management
field and use of expertise. Flagship
product Infinos was adopted by industry
leaders, including Hewlett-Packard, 3Com
and Tektronix These customers helped
Cerebyte understand the power and exciting
possibilities in harvesting, reusing and
commercializing specialized knowledge.
According to IDC, a prominent research
analyst, Cerebyte is the market leader in
the Intellectual Capital Management (ICM)
$3B market.
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Excerpts from an
Interview with the CEO and President of
Cerebyte, William Seidman
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1.
What is Cerebyte's core area of business
and how far do you think has it managed
to create a difference among its
clientele in terms of increased ROI and
enhanced productivity?
Cerebyte solves a specific problem for chain
and chain-like companies. In these
organizations, strategic initiatives are
used to guide the organization, but they are
very difficult to actually implement in
large, geographically dispersed
environments. Cerebyte's Infinos system
"supercharges" the strategic initiative
process in chain and chain-like companies by
raising the performance of the less
effective operating units to near expert
levels.
Typically, Cerebyte's Infinos system has the
following impact:
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Reduces the time
from definition of a strategy to action
the field organization to 6 days
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Reduces planning
and coaching time 80%
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Reduces ramp up
time of new personnel 50%
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Reduces task
performance time 30-50%
This has
produced significant economic gains
such as
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Increasing sales
in a fast food restaurant $2000 per week
per restaurant
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Saving a
semi-conductor manufacturer $2M per week
per fab in manufacturing costs
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2.
What is the Cerebyte's Infinos System?
Who are its target customers and what
are its features and benefits for
enterprise IS organizations?
Infinos is Cerebyte's proprietary technology
for knowledge harvesting and coaching.
Cerebyte's target customers are the field
operations departments of chain and
chain-like companies. There are no specific
benefits for enterprise IS organizations.
The system is not intended for IS use.
3. What is the
'secret sauce' and does it work the same
way across industries or do they vary
according to the area of business and
functions?
The secret sauce is the tacit knowledge top
performers have that distinguishes them from
others. It consists of rules of thumb,
mental models, risk detection and management
and many other areas of unconscious
competence.
While the general structure of a top
performer's secret sauce is the same for any
industry or function, the specific
application of the structure is unique to
each profession.
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4.
It is said that Cerebyte provides
software that emulates the human
mentoring experience. Could you
elaborate on this to provide
understanding as to how the Cerebyte
solution works?
Almost everyone has either coached someone
or been coached by someone. Great coaches
use a consistent pattern of interaction with
the people they are coaching. Cerebyte
studied human coaching for over five years,
developing a very explicit model for the
interaction. Cerebyte's Infinos System
emulates the human coaching process by
providing prompts similar to those supplied
by a great coach. These prompts produce
similar behavioral responses in the people
being coached to the responses from a human
coach.
5. Cerebyte has
been recognized as the industry leader
in harvesting and using intellectual
capital by leading research analysts IDC
and KM World. To what do you attribute
this success to
especially in this era of economic
thriftiness in organisations and
businesses?
We have been recognized for doing three
things no one else has been able to do:
1. We are able to consistently and quickly
(in less than 3 days total) gather all of an
expert's true and complete tacit knowledge
2. We are able to use the tacit knowledge to
create a visible improvement in performance
in as little as 8 minutes and sustain the
performance improvement after only 90
minutes across a chain of hundreds or
thousands of outlets, essentially
simultaneously
3. We are able to reduce the time it takes
to go from definition of a corporate
strategy to implementation in a field
organization to only 6 days
No other approaches or technology can
produce anything even remotely close to
these results.
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6.
Mergers and acquisition are the order of
the day when there is no signs of the
economy picking up. Cerebyte has partnered
with iCapBiz, who provide analytical and
management training services; Loyalty
Path, a market leader in customer and
employee loyalty; Northwest Controlling
Corporation Ltd., a product and knowledge
management services company among others.
How does Cerebyte view partnerships and
alliances in its bid to expand to new
territories and stay ahead of the
competition?
We like to partner with two types of
companies:
· Companies that have a specific area of
expertise (e.g. safety consulting) who want to
extend their product offerings by adding a
digital coaching capability based on their own
expertise
· Companies who are already serving a specific
chain or chain-like vertical market such as
retail who would benefit from adding Infinos
to their offering.
7.
Since inception Cerebyte has come a long
way and have ridden a burgeoning as well
as a slackened economy. Where does it go
from here? What are the strategic areas of
interest that Cerebyte is looking at in
terms of enhancing core area of services
and increasing market share?
Chains and chain-like companies naturally
group into six geographical regions in the
country. In order to better service our
customer base, we plan to develop business
development and professional services
capabilities in each region. In addition, the
district managers (or equivalent) in most
chains are widely neglected, but play a
critical role in a chain's success. We plan to
introduce new capabilities specifically
designed for this function.
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William
Seidman, PhD.
William (Bill) Seidman has more than 15
years experience as a manager of profit
and loss centers in high technology
companies including Hewlett-Packard,
Silicon Graphics, Mentor Graphics, and
Integrated Project Systems, a Silicon
Valley start-up. He is an experienced
manager of fast growth, high technology
environments.
Bill's doctorate is from Stanford where he
spent eight years studying management
decision-making. As part of his doctoral
dissertation, Bill developed a
ground-breaking technique for analyzing
management decision-making behaviors. This
technique is the core of Cerebyte's
technology, enabling Cerebyte to
systematically examine complex management
processes and reduce them to a few, easily
automated "best practices." As a manager
of various service organizations, and
later, as a management consultant, Bill
was able to apply the technique to a wide
variety of industries and management
situations. In doing so, he refined the
process, proved its utility, and created a
capability that was both truly unique and
extraordinarily valuable.
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