Knowledge can be a waste if not managed efficiently. - Deepstash

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Knowledge Management

Knowledge Management

Knowledge is priceless. It takes a lot of time to build but it can vanish in no time if not managed properly.

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Collective Wisdom Is Your Friend

Collective Wisdom Is Your Friend

Knowledge accumulated in a select few minds is a business continuity risk.

If you want teams that can keep delivering results with a sustainable pace, first you need a culture that favours knowledge-sharing over knowledge-hoarding.

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Building A Knowledge Sharing Culture

Building A Knowledge Sharing Culture

Knowledge-sharing can be encouraged by;

  • Recognising good behaviours more than one-off results
  • Acknowledging team contribution rather than just rewarding individual success
  • Leading by example. Sharing what you learn, asking for help, and owning not only success but also failure with a continuous improvement mindset goes a long way
  • Implementing practices that ensure work doesn't get done in a vacuum
  • Coaching and mentoring - Ingrained behaviours are not easy to change and it's easy to go back to factory settings if the tipping point is not reached. Consider professional support to make change stick.

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Leverage Technology

Leverage Technology

Vast knowledge that changes frequently can't be scribbled on paper. It needs a wiki to save, sort, search, and organise so it's easy to reuse and enhance the existing knowledge collectively. There are a lot of knowledge management systems just to achieve exactly that. 

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Recap

Recap

From accelerating the speed of innovation to decreasing onboarding time for new employees, sharing knowledge has immense benefits in the long run.

Pop your experience with KMS

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IDEAS CURATED BY

alperguney

Lifelong learner, professional coach and business agility expert. Passionate about psychology, neuroscience, business, process optimisation.

CURATOR'S NOTE

Knowledge is a double-edged sword. It can make life easier if managed efficiently or it can cost a fortune if not shared and retained effectively.

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