The benefits of knowledge sharing within a business are so great they can help you attract new customers, grow into new markets, increase your market share, and ultimately generate greater revenue. Collaborative teams can utilise the full capabilities of their colleagues and peers, leading to greater consideration of opportunities or solutions available. By using input from a cross section of people within your business, you will provide solutions which will benefit a wider group of your customers, than if you just made decisions based on the thought processes of a small part of your organisation. Below we’ve highlighted more specifically some of the benefits you will derive from installing a system to streamline knowledge sharing throughout your business.
Promotes self-awareness
In sharing knowledge, ideas and experiences, members of your team are given a unique opportunity to become more self-aware in their job roles. By justifying their reasons to a diverse group of people outside of their team, the individual will be required to explain their thought process and decision making.
Improves communication
Learning how to communicate to a cross section of people within an organisation ultimately helps to improve communication. The clearer the different departments are able to communicate with one another, the easier the sharing of information will become. Projects will be completed quicker with greater efficiency and the individuals and teams involved will feel a greater degree of satisfaction with the process.
It encourages learning
However you choose to structure your communities or working groups within your organisation, you can take the opportunity to bring together a group of people who ordinarily might not work together to share ideas and offer up solutions. You could mix your group by seniority, including members of the leadership team, middle managers and junior members of the team, encouraging idea sharing amongst the diverse group. As much as experience can only be learnt through time and is an invaluable resource that senior members of your team have, new technologies, opportunities and less habitual thought processes are often the skills that junior colleagues can bring to the table. Using a streamlined knowledge-sharing platform to bring these people together will result in success.
If you’re looking to simplify knowledge sharing and retention within your team, then contact Noddlepod on +44 (0)2921 676 848. You can also sign up for a free trial of Noddlepod here.