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How Knowledge Sharing at your work Can Bring You the Moolah?

My deadline was getting closer and I was trying to finish my work. As I was working, my little niece was asking questions persistently. It did irritate me in the beginning, but people tell me that she bears a lot of resemblance to me, so did not have the heart to be rude. I told her that I will answer her questions after I submit my work.

After our Q&A session, my niece’s friend came to play and she repeated everything to her. Children are the brand ambassadors of peer-to-peer learning and knowledge sharing. However, as we grow older we forget to learn from one another.

As the corporate landscape is shifting towards remote work culture and teams expanding across the globe, we need information faster to execute things. Siloed behaviour, adapting to newer technologies, and talent gaps are some challenges faced by organisations.

How can peer-to-peer learning and knowledge sharing help us overcome these challenges?

According to Forbes, "87% of employees think leaders should reconsider the way they think about technology in the workplace. 84% say businesses are missing opportunities by not moving to more modern solutions."

Knowledge management is to capture the skills, nurture them, and use them appropriately within an organisation. It is important to identify knowledge requirements, talent gaps, and fill in the existing resources. To achieve this, it is important to create a knowledge pool and in turn make way for innovation and streams of income.

Knowledge is power as it helps us make decisions with a lot more clarity. For instance, if your employee had to spend two days looking for urgent information, what effect would it have on the business results? Creating, storing, and sharing knowledge are the key components of knowledge management. In today’s world, managing knowledge helps organisations maintain their position in a competitive environment of existing markets.

Here are some ways to encourage the knowledge sharing culture in your organisation:

  1. Design a knowledge sharing program for all employees

Engage all stakeholders from top to bottom and design a knowledge sharing program through which everyone gets benefitted and feels valued. This also will make sure that knowledge management becomes part of your organisations culture.

2.Ideation and active participation by employees

Employees want to play purpose-driven roles that would eventually bring more value to the organisation. Make your employees ideate and actively participate in the program to make it more customised.

3.Make knowledge sharing easy

There has to be a common tool or platform to dismantle information silos and all the information can be stored and shared. Knowledge sharing will improve cross-functional team collaboration and ultimately their camaraderie. Through internal knowledge sharing, employees will be able to achieve their targets much faster.

4. Recognise their achievements

It has always been said that employees who are recognised for their valuable work make informed decisions that will increase their productivity. Have a program through which they are constantly sharing and learning from their peers.

In Conclusion

Organizations are moving towards knowledge sharing platforms to bridge the gap and use their resources effectively. Evoke the childlike curiosity in your employees and help them shed inhibitions.

A knowledge sharing platform like BHyve will bring people, processes, and technology together to facilitate a culture of knowledge sharing as part of your organisational objectives.

To reach out to connect your team members to share information and feedback.

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