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

Business excellence for decision-makers & managers by and with Sanjay Sauldie

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

24 August 2024

KIROI Step 1: Knowledge sharing as a success factor for leaders

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Today, knowledge sharing is a key success factor for managers who want to support and develop their teams effectively. Many clients come to me with the question of how they can actively promote knowledge sharing in their teams. They often report challenges such as a lack of transparency, informal communication channels or resistance to new ideas. With targeted impulses and suitable methods, knowledge sharing can become a real competitive advantage.

Knowledge sharing as the basis for successful leadership

An active exchange of knowledge strengthens trust within the team. It promotes innovation and improves collaboration. Managers who actively support knowledge sharing create a culture in which ideas are discussed openly. They organise regular meetings and use digital platforms to continuously share information.

Example: Weekly meetings are organised in a project team from different departments. Here, the project managers discuss current challenges and solutions. This results in new approaches that benefit the entire company.

Another example: In an international company, the teams use a central platform to document experiences and best practices. This means that knowledge is also quickly available at new locations.

The exchange of knowledge also plays an important role in collaboration with external partners. Regular feedback rounds and joint workshops promote dialogue and the development of new ideas.

Sharing knowledge across borders

Knowledge is not only shared within a team, but also across departments, locations and even with customers and partners. This exchange opens up new perspectives and promotes innovation.

Example: In a company with several locations, virtual meetings are organised on a regular basis. This is where the teams exchange information about current projects and experiences. This results in new solutions that benefit the entire company.

Another example: Joint workshops are organised in a project with external partners. Here, experiences and ideas are exchanged that lead to new approaches.

The exchange of knowledge also plays an important role in our collaboration with customers. Regular feedback rounds and joint workshops promote dialogue and the development of new ideas.

Exchange of knowledge in practice

An active exchange of knowledge requires clear structures and an open culture. Managers should provide regular feedback and encourage employees to share their experiences.

Example: Regular feedback rounds are organised in a company. This is where employees discuss current challenges and solutions. This results in new approaches that benefit the entire company.

Another example: Joint workshops are organised in a project team. Here, experiences and ideas are exchanged that lead to new approaches.

The exchange of knowledge also plays an important role in collaboration with external partners. Regular feedback rounds and joint workshops promote dialogue and the development of new ideas.

BEST PRACTICE with one customer (name hidden due to NDA contract) A centralised knowledge management system was introduced in an international company. Employees were able to document and share their experiences and best practices here. This meant that knowledge was also quickly available at new locations. Employees reported improved collaboration and faster solution finding. Managers used the system to provide regular feedback and encourage employees to share their experiences. This led to greater innovation and higher employee satisfaction.

My analysis

Knowledge sharing is a key success factor for managers who want to support and develop their teams effectively. Targeted impulses and suitable methods can turn knowledge sharing into a real competitive advantage. Regular meetings, digital platforms and an open culture are crucial for successful knowledge sharing.

Further links from the text above:

How managers actively promote the exchange of knowledge

Knowledge sharing as a success factor for leadership and teams

Knowledge exchange in the company in times of New Work

Possibilities and limits of knowledge transfer

Important success factors for knowledge exchange

Leadership behaviour as a success factor in change management

Intergenerational knowledge transfer

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#3Printing #Additive manufacturing #Cost savings #Sustainability #Innovation #BigData #compliance #Data intelligence #Ethical guidelines 1TP5ManagersBalance 1TP5InnovationThroughMindfulness #artificial intelligence #Sustainability #SmartData #Team collaboration 1TP5Corporate culture #Chains of responsibility #Knowledge sharing #Knowledge management

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