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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

15 August 2024

KIROI Step 1: Rethinking knowledge transfer for decision-makers

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The modern corporate landscape presents decision-makers with completely new challenges. Knowledge has become the most valuable resource. But how is knowledge effectively communicated today? Traditional knowledge transfer no longer works in the digital era. Companies need new approaches. They need to fundamentally rethink knowledge transfer. This is exactly where transruptions coaching comes in. We support decision-makers in projects relating to innovative knowledge transfer.

Why traditional knowledge transfer is reaching its limits

Many organisations still rely on outdated methods. Frontal teaching, long presentations and static documents characterise everyday life. But the reality has changed. Employees learn faster today. They expect individualised learning paths. They want interactive formats. Traditional knowledge transfer ignores these expectations.

The result is often frustrating. Knowledge is passed on, but not understood. Or it is forgotten because the form does not fit. Companies invest in training that does not bring sustainable results. The time is ripe for a paradigm shift. Decision-makers need to recognise this: Knowledge transfer is not simply information transfer.

Knowledge transfer as a strategic success factor

Effective knowledge transfer is a strategic instrument. It creates a competitive advantage. It strengthens innovative power. It retains talented employees. Companies such as Google, Amazon and Microsoft realised this early on. They invest heavily in modern learning formats. They use storytelling, visualisation and interactive methods.

A software company in Munich demonstrates this in practice. The company has completely changed the way it imparts knowledge. Instead of training videos, there are now digital learning platforms. Employees learn at their own pace. The success was measurable. Productivity increased by 35 per cent. Employee satisfaction climbed significantly.

But why does it work? Because modern knowledge transfer takes learners seriously. It takes different types of learners into account. It creates space for questions. It combines theory with practice.

The opportunities of modern knowledge transfer for your company

Modern knowledge transfer opens doors. Employees develop faster. They feel valued. They stay with the company. This saves on fluctuation costs. At the same time, a culture of continuous learning is created. Innovation becomes a matter of course.

Three specific opportunities arise:

Firstly: greater skills development. Adaptive learning paths allow each employee to build on their individual strengths. Chunking methods break down complex topics into digestible morsels. Understanding becomes deeper. Knowledge is retained for longer.

Secondly, better knowledge retention. If knowledge is communicated correctly, the company protects itself against loss of knowledge. A sales manager with 20 years of experience retires. His knowledge is gone. Unless the knowledge transfer has systematically documented it and passed it on to others.

Thirdly: Faster problem solving. When employees learn faster, they can act faster. They make better decisions. They innovate faster. This is crucial in the digital age.

Practical methods for better knowledge transfer

What does modern knowledge transfer look like in practice? There are tried and tested methods that work.

Storytelling: imparting knowledge through stories

People remember stories. This has been scientifically proven. A dry lecture on customer service is quickly forgotten. But a story about a satisfied customer who had a problem solved sticks with them.

A telecommunications company uses storytelling systematically. It tells its customer service employees stories about real customer cases. Not as criticism, but as learning stories. The effect: employees understand the principles better. They apply them more quickly. Customer satisfaction increased by 28 per cent.

Storytelling brings dry information to life. It combines knowledge with emotion. In this way, knowledge transfer remains in the memory for a long time.

Visualisation: images instead of a word desert

The human brain processes images 60,000 times faster than text. A good graphic can replace hundreds of words. But many companies do not utilise this.

A financial services provider worked for a long time with columns of figures in Excel sheets. Communicating knowledge about complex financial products was tedious. Then visualisations were introduced. Interactive diagrams now show how cash flows move. Employees understand correlations immediately. The error rate fell by 42 per cent.

Visualisation makes knowledge transfer more efficient. It works with the natural way the brain works. It saves time. It improves understanding.

Interactivity: learners become designers

One-sided learning is ineffective. People learn by doing. They learn through exchange. They learn through feedback.

A mechanical engineering company opted for interactive workshops instead of training videos. Technicians discuss solutions to problems live. They experiment with simulations. They give each other feedback. The result: knowledge transfer is more intensive. Employees feel they are treated more as partners.

Interactive knowledge transfer also creates a different culture. It signals: Your opinion counts. Your input is valuable. That is motivating.

What issues do clients come to transruptions-Coaching to discuss?

We experience a wide range of challenges in our practice. Organisations come to us with specific problems.

Firstly, there are the companies that want to digitise their knowledge transfer. They have realised that old methods are no longer enough. They need modern e-learning platforms. They are looking for help with the conceptualisation. They want to ensure that the new knowledge transfer really works.

Then come organisations that have to manage the transfer of knowledge between generations. Experienced employees retire. Expertise is in danger of being lost. We help to systematically document and transfer this knowledge.

The third group are companies that want to strengthen their ability to innovate. They know that Without better knowledge transfer, there can be no real innovation. We support them in creating learning cultures that promote innovation.

Fourthly, there are organisations that want to develop their managers. Managers are central to knowledge transfer. They have to exemplify knowledge transfer. They must motivate employees to learn.

And finally: companies that want to improve their customer training. Customers should understand products. They should be able to work with them independently. This requires professional knowledge transfer.

BEST PRACTICE with one customer (name hidden due to NDA contract)A retail group with over 5,000 employees had a central problem. The transfer of knowledge between the different locations was not working. Each branch did it differently. There were no standards. This led to quality problems and customer complaints. Together with transruptions-Coaching, we developed an integrated knowledge transfer system. We combined storytelling, visualisation and online modules. Every employee was able to learn at their own pace. After six months, the results were measurable: customer complaints fell by 51 per cent. Employee satisfaction increased significantly. Knowledge transfer became a competitive advantage.

Knowledge transfer in the context of artificial intelligence

The future of knowledge transfer will be characterised by artificial intelligence. AI systems can personalise learning paths. They can recognise individual learning speeds. They can generate adaptive content.

This does not mean that human knowledge transfer is becoming superfluous. On the contrary. AI is a tool. An important tool. But the emotional component remains crucial. People want to learn from people. They want to be in a relationship. They want to feel understood.

The best knowledge transfer of the future combines both. AI takes over the routine. Humans take over the relational and reflective aspects. Together, something powerful is created.

Action steps for decision-makers

What can you do specifically? Here are four steps to improve knowledge transfer in your organisation.

Step one: Honestly analyse your current knowledge transfer. How do you impart knowledge today? Which methods do you use? Which ones work? Which ones don't? This stocktaking is essential. Without it, you will end up with modern formats that do not fit your culture.

Step two: Define clear goals. What should the improved knowledge transfer achieve? Greater expertise? Better customer satisfaction? More innovation? Lower staff turnover? Without clear objectives, initiatives come to nothing.

Step three: Pilot new formats. Start small. Test a new method with one department. Learn from it. Then scale it up step by step. This reduces risk and resistance.

Step four: Measure success. Only what is measured is improved. Use key figures. Progress in expertise, customer satisfaction, employee satisfaction, innovation success. Knowledge transfer is a key instrument here.

Frequent hurdles in the modernisation of knowledge transfer

Switching to modern knowledge transfer is not easy. There are typical hurdles that many organisations experience.

The first hurdle is often the question of resources. Modern knowledge transfer costs money. Money for tools. Money for training. Money for design. But there is a misunderstanding here. It's not about costs. It's about investment. And the ROI is often higher than expected. Better knowledge transfer saves costs through higher productivity, fewer errors and lower staff turnover.

The second hurdle is resistance. Employees like habits. Managers are sceptical. „We've been doing it this way for 20 years. Why change?“ The key here is: Show small successes first. Create positive experiences. Then acceptance will follow.

The third hurdle is quality. There are many tools for knowledge transfer. But not all of them are good. A bad e-learning platform is worse than none at all. Therefore: work with experts. Make sure that the quality is right.

Why transruptions-Coaching should be your partner

The modernisation of knowledge transfer is complex. It needs experience. It needs methods. It needs an external perspective.

transruptions-Coaching has both. On the one hand, experience. We have worked with hundreds of organisations on knowledge transfer. We know the stumbling blocks. We know what works.

Secondly, methods. We use tried and tested approaches. We combine theory with practice. We orientate ourselves on real challenges. We create solutions that work.

And we bring an external perspective. Sometimes organisations are too close. They don't see their own blind spots. An external consultant can help to recognise these

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#BigData #compliance #Data intelligence #DigitalisationSports club #Ethical guidelines #InnovationCulture 1TP5InnovationThroughMindfulness #artificial intelligence #Sustainability #SmartData #Storytelling #TransruptionsCoaching 1TP5Corporate culture #Chains of responsibility #Knowledge transfer

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