benefits of knowledge sharing

Whether employees share their own knowledge, best practices, or teach each other skills, and whether they share during workshops, lunch, or presentations, there are many reasons why sharing knowledge is important. Also, the ability to deliver on time is essential and can help a company differentiate itself among its competitors. You can save money by reducing duplicate efforts, time employees spend searching for information, and avoid expensive and embarrassing mistakes. Knowledge sharing is essential for a company to achieve success, since it can facilitate decision-making capabilities, build learning organizations (through a learning routine) and finally, stimulate cultural change and innovation. Employees no longer need to waste time searching for information that another employee has. Kasper Spiro is the CEO of Easygenerator and a recognized thought leader in the world of e-learning. Once you develop an effective solution to an issue and it turns out to be the best one so far, it allows members of your organization to use it in all future situations. Impossible de partager les articles de votre blog par e-mail. A good knowledge-sharing system allows all voices to be heard. And yet, getting buy-in from your employees can be the most challenging part of implementing a new knowledge sharing system. By leveraging employees’ knowledge and having them capture what they know and share it with colleagues, chances are you don’t need to invest as much in third party or off the shelf training anymore. Still, overall performance in a company improves just when people do things differently, according to a study published by the Ivey Business Journal. By gathering a diverse range of opinions in one easy-to-access place, knowledge sharing strategies save managers time. So workers are able to keep track of what’s happening in the field and are inspired to think bigger. Do you know that sharing best practices is one of the great ways of … But one thing is for sure: knowledge-sharing matters. For example, when Intel was trying to improve the performance of one of its products, the company discovered that 60% of problems it was encountering had already been solved by a previous team. as an expert in something? These platforms organize knowledge and direct it towards those who need it. The best way to share knowledge depends on the type of knowledge in question, and we’ll deal with these different types of knowledge later. See how easy it is to move from text to video with structured video storytelling. It shares expertise and peer-to-peer recognition, and has become the go-to place for company policies. At a glance, managers can identify the changes required to meet the needs of their employees. Managers must ensure that collaboration and creativity flourish, even across a dispersed staff force. “Sharing knowledge is not about giving people something, or getting something from them. Employees’ knowledge is your organization’s greatest asset: you don’t want it to disappear when employees make a career switch and decide to work somewhere else. Tant du point de vue de l'innovation technologique que de l'instauration de modes de management beaucoup plus participatifs, j'essaye de collecter ici des articles, des sites, des blogs de tous ces acteurs du changement qui montrent qu'il est possible de penser autrement et positivement notre monde de demain. Try ChipBott’s knowledge base! Elium has been developing knowledge-sharing solutions for over a decade. Book a personal onboarding program together with dedicated success managers to ensure your team gets the most out of Easygenerator. Knowledge sharing is a way to standardize procedures and processes, so that employees feel comfortable and secure using them. But there are more benefits than just allowing information to be shared: When you have a knowledge sharing system in place, information is reusable and readily available. Knowledge sharing also improves communication among employees, both intradepartmental and interdepartmental, according to “The Benefits of Knowledge Management: Some Empirical Evidence” study. Especially on the screens of employees, users, and customers who need information to move forward. Knowledge sharing and learning must become everyone’s business. For example, because they can add best practices, product modules, microlearning modules, quiz questions, and more. The definition of knowledge has been compared to a recipe for a cake. Failure to hit these targets results in being moved to a lower band, since you are not regarded as an expert in your field. Avoiding redundant effort. Top players like Google and Microsoft know the importance of team alignment, employee engagement and creative collaboration. 47% of Companies That Have a Knowledge Management System Report Increased Sales, How an FAQ Bot Can Unlock These 5 Benefits, Free FAQ Software For Last Minute Website Upgrades. When team members move on, they know that they are leaving a legacy. Of course, it is not always possible to know exactly what information each worker will need. According to global market intelligence firm, IDC, Fortune 500 companies lose at least $31.5 billion a year by failing to share knowledge. Knowledge Management a Theoretical & Practical Guide, Using An Internal Knowledge Base To Super-Power, avoid expensive and embarrassing mistakes, improve the performance of one of its products. Furthermore, by centralizing information, knowledge-sharing systems communicate important facts widely, and quickly. There will be no consistency and employees and customers will not be equipped in the way you need them to be. One those channels are unlocked and the ideas start flowing, you’re going to uncover a wealth of new information and stimulate innovation that may have otherwise been hidden. However, there must be a supply of information for it to be used in the ways you want it to. Being productive, in that mindset, means having the right knowledge to get everything done. But implementing a successful knowledge sharing program can be overwhelming. Here, we'll take a look at the benefits of sharing knowledge in the workplace, and the positive impact it can have on employees and employers alike. With the proper tools and management, employees can effectively apply knowledge sharing and leverage each other’s expertise. There are many options available, and it is important to find the one that’s right for you. Entrez votre adresse mail pour suivre ce blog et être notifié(e) par email des nouvelles publications. The open-floor offices of the 1990’s were all about the shared learning and collective creativity proven to bring business success to the world’s most prosperous enterprises. Knowledge sharing allows them to communicate well with each other and engage in the content. Digital developments have enabled dramatic improvements to the usability and complexity of these systems. It is super important to share knowledge about your business and products with customers so that they can solve problems and make decisions. Therefore, it’s obvious that managing knowledge properly can bring a lot benefits to a company. When you create a culture in which people are sharing their expertise, others will take notice and want to engage with it. This allows them to perform more efficiently and make decisions better and faster. Knowledge-sharing initiatives will not gain a foothold in an organization’s daily operations unless staff members are trained to participate and benefit from knowledge sharing. There is no need for extra questions or unnecessary collection of information. Fill Knowledge Gaps. It makes staff aware of how the company is doing, and updates them about the market and the competition. Here’s a table highlighting the different types of knowledge you might be dealing with: An example of a knowledge sharing system could be a knowledge base. Doesn’t it feel good to be recognized by your employer (or anyone, for that matter!) That helps you to save money. In these ways, they transform tacit knowledge into explicit, written and easily communicated knowledge. From sales and marketing to the customer services, knowledge sharing can boost every function within a company. So, if productivity is important, and if it goes up with effective knowledge management, why not share it? Bienvenue sur ce blog "Acteurs du Changement et fruits de l'Innovation" et sur mon autre site Acteurs du changement et fruits de l'innovation responsable, "Rien ne se perd, rien ne se crée, tout se transforme" dixit Lavoisier ____________________________________________ "Une personne qui n’a jamais commis d’erreur n’a jamais tenté d’innover" Albert Einstein. You can save money by reducing duplicate efforts, time employees spend … Sharing knowledge has advantages for employees’ professional development because it allows them to perform better and can give them a sense of satisfaction and belonging. When communications are clear and automatic, everyone is kept up-to-date and nothing falls through the cracks. “In today's environment, hoarding knowledge ultimately erodes your power. With that delicious analogy in mind, meaningful knowledge can also be broken down further into explicit, implicit, and tacit knowledge (which is also sometimes referred to as tribal knowledge). Employee engagement means making sure everyone feels part of their organization. Basically, their systems could broadcast important decisions and procedural information, while also distributing relevant resources to individual workers. And today, through this blog, I wish simply to share my favorite topics or new ideas which come to light and can open enthusiastic pathways towards a future finally more fruitful for all. Especially if you reward those that participate in knowledge sharing. There is a better company-customer relationship when knowledge is being shared. In fact, in any organization, there are two basic types: explicit knowledge, and tacit knowledge. Sharing knowledge has advantages for employees’ professional development because it allows them to perform better and can give them a sense of satisfaction and belonging. Ingénieur chimiste, depuis plus de 25 ans, dans diverses industries, je souhaite aujourd'hui, au travers de ce blog, partager mes sujets de prédilection ou simplement des idées nouvelles qui s'offrent à nous pour ouvrir des voies enthousiastes vers un avenir enfin plus ouvert à tous. View your knowledge sharing program as another type of employee engagement program. They waste one fifth of their time looking for knowledge that should be readily available. Knowledge sharing ensures that employees’ knowledge stays within the organization, even when they don’t. “Knowledge Sharing Systems support the process through which explicit or tacit knowledge is communicated to other individuals. Communities of practice, collaborative workspaces, Knowledge base, communities of excellence. Knowledge sharing for business. You want to make it easily accessible, so that anyone can find it from anywhere. Prevent errors occurring. The human resources department uses communication and knowledge-sharing system to create a more social workflow across the whole company. Knowledge can also quickly become out-of-date if you don’t maintain your system well. This is why services like Elium encourages clients to include all employees in their platform, and reach all teams, whatever their role. In fact, at Elium, our knowledge-sharing system allowed us to onboard new employees and conduct maternity handovers, even during the lockdown.

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