Why Knowledge Sharing Required in Corporate/ any other Field

In today’s environment, hoarding knowledge ultimately erodes your power. If you know something very important, the way to get power is by actually sharing it.-Joseph Badaracco 

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. Still, overall performance in a company improves just when people do things differently, according to a study published by the Ivey Business Journal.

Therefore, it’s obvious that managing knowledge properly can bring a lot benefits to a company.

Definition

What is Knowledge Sharing?

  • Knowledge sharingis an activity through which knowledge (namely, information, skills, or expertise) is exchanged among people, friends, families, communities (for example, Wikipedia), or organizations.

What is Knowledge Transfer?

  • In organizational theory, knowledge transferis the practical problem of transferring knowledge from one part of the organization to another. Like knowledge management, knowledge transfer seeks to organize, create, capture or distribute knowledge and ensure its availability for future users.

Why knowledge sharing is required? / Importance

  • For any organisation, members from a variety of educational and work backgrounds. And each person comes to the table with something different to offer. Teams, as form and grow and mature, face many challenges including:
  • Sharing knowledge and information
  • Finding and using similar terminology to avoid communication breakdown
  • Solving the same problems over and over again (reinventing the wheel) not knowing who is the expert or who they can ask for help
  • Not having a formal channel to communicate their ideas

Importance:

To Overcome

  • The technical challenge
  • The social challenge
  • The management challenges
  • The personal challenge

Benefits: overall Basis

  • Fostering innovation and creativity by keeping the information flow and therefore achieving competitive advantage
  • Improved productivity and performance as well as advancement towards the mission
  • Keeping the knowledge in the organization if/when the people leave
  • Organization’s self-awareness of the knowledge residing in the organization
  • Eliminating redundant and unnecessary work.

Benefits: As an audience

  • You learn things
  • You get to know people who know things you don’t know
  • By hearing new ideas, you remain creative

Benefits: As a presenter

  • You will be known as an SME (Subject matter experts)
  • You build credibility to become a technical leader
  • You practice public speaking
  • You get to bring your ideas to the table and influence the team

Strategies for Overcoming Common Obstacles in Knowledge Sharing        

  • Consider the Audience
  • Use Plain Language
  • Tell Stories-“Evidence itself is not sufficient; it must be communicated in ways that make it compelling.”
  • Integrating What is Known About Knowledge Sharing

Points that makes & required for a good presentation

  • Main Messages
    • Main message bullets.
    • What the findings may mean for the reader.
    • Clear conclusions based on what was learned.
  • What to include in presentation?
    • Context- What is the issue?
    • Implications- What do the findings mean?
    • Approach- What was the method?
    • Results- What was found?
      • Additional resources- What other sources of information are available on this issue?
      • Further research- What are the knowledge gaps and how might they be bridged?
      • References and bibliography- What were the sources cited?

Points need to be analysed after attending presentation

  • What are your ideas based on the Knowledge sharing presentation?
  • What have you read?
  • What have you heard?
  • Who and what you imagined?
  • What points to be raised
  • What issues and suggestion needed?

Conclusion:

  • Based on what is known to date, knowledge sharing is more than just communications. Beyond making information available, the goal of knowledge sharing should be focused on making knowledge available in meaningful ways and encouraging organisation people to work together in ways that will incorporate new knowledge as it arises and sharing in the creation of knowledge.
  • Knowledge workers produce new insight and learn new technologies as they work on new projects. Invariably, there is value in sharing this knowledge among team members
  • While we like to learn from each other, we also like to learn from others’ experiences, as well.

Sharing knowledge is not about giving people something or getting something from them. That is only valid for information sharing. Sharing knowledge occurs when people are genuinely interested in helping one another develop new capacities for action; it is about creating learning processes. – Peter Senge

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