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

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

23 May 2025

KIROI Step 1: Use knowledge exchange specifically for decision-makers

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The exchange of knowledge plays a central role in modern companies, as it increases performance and innovative capacity and strengthens competitiveness[1]. By sharing information and skills between employees, a company can continuously learn and adapt to changing market conditions. Effective implementation of knowledge sharing also promotes employee satisfaction and improves decision-making[6].

Basics of knowledge exchange

Knowledge sharing includes various forms, such as informal discussions, formal training or the use of digital platforms[2]. Companies recognise the value of knowledge sharing as critical to creating and maintaining competitive advantage[2]. In addition to technology, factors such as corporate culture, trust and incentives influence the sharing process[2].

Effective knowledge sharing can take place in different forms. For example, there is explicit knowledge, which can be easily documented and disseminated, and tacit knowledge, whichлением御义 and is experience-based[3]. The latter is often more difficult to formalise, but is crucial for the development of skills and intuition[3].

Strategies to promote the exchange of knowledge

In order to promote the exchange of knowledge, it is important to create a corporate culture that supports this exchange. This can be achieved through targeted events such as workshops or through the introduction of knowledge management systems[6]. One example of this is Siemens, which has implemented such a system to facilitate the exchange between departments and thereby increase the rate of innovation[6].

Another successful example is Google, which promotes an open communication culture and encourages employees to share their knowledge in internal forums[6]. This approach has not only led to numerous innovations, but has also increased employee satisfaction[6].

BEST PRACTICE with one customer (name hidden due to NDA contract)This company has introduced an internal platform on which employees can expand and share their knowledge and experience. This has not only strengthened collaboration across departmental boundaries, but has also significantly increased the company's innovative strength.

Opportunities and challenges in knowledge sharing

Knowledge sharing offers many opportunities, such as promoting innovation, improving decision-making and increasing employee satisfaction[6]. However, there are also challenges, such as preventing the loss of knowledge when employees leave the company[6].

Challenges often arise from the complexity of the information field, which changes frequently, requiring the use of technology and adequate resources[2]. Another hurdle is employee trust, as some fear that sharing their knowledge will diminish their importance in the organisation[2].

Knowledge exchange as a basis for companies

In today's fast-paced business world, knowledge sharing is essential to keep organisations agile and competitive[7]. Through targeted efforts to promote knowledge sharing, companies can fully utilise the potential of their employees and thus significantly increase their opportunities for growth[7].

Conclusion on the exchange of knowledge

To summarise, it can be said that knowledge sharing is a decisive factor for the success of modern companies. It promotes innovation, improves decision-making and increases employee satisfaction. Through the targeted promotion of knowledge sharing, companies can strengthen their competitiveness and position themselves for long-term success.

My analysis

Knowledge sharing offers companies the opportunity to continuously learn and adapt to changing market conditions. It is crucial to promote a culture of knowledge sharing in order to increase performance and innovation.

Further links from the text above:

Easygenerator - knowledge exchange within the company

Gluu - Definition of knowledge sharing

Klutch - What is knowledge sharing?

The Fuse Base - knowledge sharing in the workplace

Mewa - Knowledge sharing within companies

Corporate know-how - promoting the exchange of knowledge within the company

Faster Capital - The power of knowledge sharing

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#compliance #Ethical guidelines 1TP5InnovationThroughMindfulness 1TP5Employee satisfaction #Sustainability 1TP5Corporate culture #Chains of responsibility #Knowledge sharing #Knowledge management

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