News By Tag
News By Location
Follow on Google News
Building workplace knowledge crucial to avoiding knowledge silos
Inconsistent knowledge management practices undermine your organisation's competitive advantage
Staying ahead of the curve is incredibly important as marketplaces become more and more saturated. Consumers know they can go elsewhere but so do employees – which is a problem when they take certain information with them.
There are many reasons building and sharing employee knowledge is crucially beneficial to organisations. Knowledge helps build decision-making capabilities, create a more collaborative culture, reduce employee turnover and attrition, and supports learning in the flow of work.
"Knowledge is one core element of organisational capability. Inconsistent knowledge management practices only undermine the backbone of your organisation's competitive advantage," said Blake Proberts (Managing Director and Co-Founder). "Ensuring that you create, capture and store knowledge in an effective way ensures the sustainability of your capability framework."
Creating a fluid and active knowledge management process in the workplace begins with asking how knowledge is discovered and stored within the organisation and how could it be incorporated into your culture. The answers to these questions can translate into action steps by defining touchpoints, creating a single source repository and establishing knowledge sharing practices.
You can read the Acorn experts' full article about workplace knowledge on Acorn Labs: https://hubs.ly/
Pursuit Technology is one of Australia's fastest growing HR technology companies. Pursuit, via Acorn LMS, takes a different view to strategically enabling HR and L&D teams compared to traditional providers. Rather than focusing on analytics after learning experience, their products use workforce planning and capability frameworks prior to any learning. By linking to a company's strategy, Pursuit products can inform organisational capability gaps and suggest education, deliver this education, then measure the impact – proving business impact by the HR and L&D team in a quantifiable way.