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AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

5 March 2025

Mastering knowledge sharing: KIROI Step 1 for decision-makers

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Knowledge sharing is a crucial factor in modern knowledge management, as it enables organisations to share information, skills and expertise effectively and thus promote innovation. By systematically sharing knowledge, organisations can improve their performance and gain a competitive advantage. Knowledge sharing encompasses both explicit and tacit knowledge and can be supported by various methods and technologies, such as intranet platforms and collaborative tools[1][2][3].

What is knowledge sharing?

Knowledge sharing refers to the process of exchanging information, skills or expertise between individuals or groups within an organisation. This process is essential for improving mutual understanding and performance within organisations and, above all, promotes innovation and problem solving[2][4].

In today's fast-paced business world, the focus is often on sharing explicit knowledge as it can be easily documented and passed on. Implicit knowledge, on the other hand, is personal in nature and more difficult to transfer as it involves skills and intuitions acquired through experience[1][4].

Examples of effective knowledge sharing

One example of successful knowledge sharing is the implementation of regular workshops in a company. These workshops offer employees the opportunity to share their expertise and be inspired by the experiences of others. Such a practice can increase creativity within the organisation and contribute to the development of new ideas[3].

BEST PRACTICE with a customer (name hidden due to NDA contract): A leading technology company has developed unique internal communities to share knowledge between departments. These platforms allow employees to network and share their knowledge through blogs, videos and interactive forums, which has led to a significant increase in innovation.

Knowledge exchange as a competitive advantage

Effective knowledge sharing can mean a significant competitive advantage. Companies that manage to share their knowledge effectively can adapt more quickly to market changes and are more innovative. This leads to improved competitiveness and strengthens employee loyalty as they feel part of a knowledge-based network[4][8].

Another advantage of knowledge sharing is the reduction in dependence on key individuals. If knowledge is widely distributed, the risk of an employee leaving the company with their knowledge and thus causing a loss of knowledge is reduced. This helps to ensure the continuity of the corporate strategy[5][8].

Methods for the exchange of knowledge

There are various methods for implementing knowledge transfer in practice. These include personalised knowledge transfer, in which knowledge is exchanged directly between people, and codified knowledge transfer via special communication systems[5]. Examples of this include regular meetings, workshops or the use of e-learning platforms[3].

BEST PRACTICE with a customer (name hidden due to NDA contract): A retail company has optimised its knowledge sharing by introducing an in-house podcast. This platform enables employees to share expert knowledge in an interactive and accessible way, which has led to a significant increase in employee satisfaction.

Challenges and opportunities in knowledge exchange

Despite the benefits of knowledge sharing, there are also challenges. These include organisational barriers such as outdated systems and siloed departments, as well as the need to promote a culture of transparency and collaboration[2].

An important aspect of overcoming these challenges is the implementation of modern technologies. Social media and collaborative platforms can facilitate knowledge sharing and enable a more efficient exchange of information[9].

Promoting a culture of knowledge exchange

In order to promote a culture of knowledge sharing, it is crucial to create open communication. This can be done through regular meetings, feedback opportunities and recognising successes. Such a culture not only supports the sharing of knowledge, but also encourages collaboration between departments and teams[2][3].

BEST PRACTICE with a customer (name hidden due to NDA contract): A leading company in the field of sustainable energy has developed an open source platform on which employees can share their knowledge of innovative technologies. This has not only promoted the exchange of knowledge, but also strengthened collaboration with external partners.

My analysis

To summarise, knowledge sharing is a key component of knowledge management that can have a significant impact on innovation, productivity and competitiveness of companies. By implementing effective strategies and technologies, organisations can succeed in sharing knowledge, which ultimately leads to a sustainable competitive advantage. It is essential to foster a culture of collaboration and overcome barriers through the use of modern technologies.

Further links from the text above:

Knowledge exchange in knowledge management - tixxt

Knowledge sharing - What is it? Definition & Tips

Knowledge sharing: The ultimate guide - Easygenerator

What is knowledge sharing and why is it important? - Klutch App

Knowledge transfer | Definition, methods & examples - persomatch

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