5 benefits of knowledge sharing

Knowledge Sharing is about individuals and groups who collect and provide knowledge from each other and connect with people who contribute unique insights. An average worker spends nearly a third of their workday searching for information. Successful knowledge sharing organizations have fostered a culture where relevant information easy to find and employees can work more productively and efficiently. Knowledge sharing creates opportunities for co-workers, increases innovation and individual growth.

Here are 5 benefits on "Why you should share knowledge within your community, network, organization, group"

Improves productivity

As your co-workers/members/users no longer spends hours on seeking for information, they are now able to receive relevant information faster and more intuitively. This means they will spend more time focusing on bringing value for their organization, co-wrokers, customers etc.

Extends Networks

Knowledge sharing enables your co-workers/members/users to connect with people who contribute uniques insights in the entire community, over department, organization, country and even time zone barriers. An expanded networks leads to new opportunities. 

Improves Collaboration & Motivation

A knowledge sharing culture leads to more collaboration where people can seek feedback, advice, and ideas from anyone, not only those closest to them. Knowledge sharing enables employees to grow within their own roles, find meaning in their work, boost their professional skillset and become more motivated. 

Boost skills

As you develop a better understanding of what you and your community know and can do, you may be able to leverage your inner competence to teach others new skills. You reduces cost of having to find and pay for an external trainer. This also helps boost self-confidence and sense of recognition. your community will be learning faster and better. 

No more silos and more innovation

As people gain more cross-departmental insight, they will gain a better picture of organizational goals as a whole. As knowledge sharing becomes more than top-to-bottom, sharing knowledge becomes more equal and people will have a better understanding of the everyday working life of others. With a working knowledge sharing culture in place, employees are able to share ideas and learn from each other. With knowledge silos broken down, innovations happen faster and more organically. 

For us at Leader Island, our guiding principle is that productivity starts with engaged and motivated people. In order to achieve this, one needs to understand the driving forces that affects people: ie a clear purpose, clear goals, desired effects, and a clear prioritization of what to measure.

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