Companies spend whatever it takes to develop intellectual assets. At the same time, they routinely seek to minimize their investment in the technical and procedural documents that tell people how to use those assets. Such meta-information as instruction manuals, process descriptions, and procedure guides script the experience of customers and the performance of suppliers and employees. Yet companies view the creation of this information as, at best, a cost of doing business and, at worst, something they can safely ignore.
A version of this article appeared in the December 2005 issue of Harvard Business Review.