7 Tremendous Benefits of Knowledge Sharing

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Knowledge Sharing

Knowledge sharing is the process of exchanging knowledge among friends, family, community, peers, or with your colleagues at an organization. Learning is an ongoing process and gaining it from others while sharing your own is this evergreen method of gaining wisdom.

Dissemination of knowledge can be done through a variety of channels and comes with its own set of perks. It has both massive personal and professional gains. We try to unravel each of them through this article.

Acknowledging the marvels of sharing knowledge, it is a process that is encouraged across verticals and industries. Its major benefits involve –

  1. Increased Engagement
  2. Enhances Collaboration
  3. Advances Communication
  4. Promotes Multiple Ideas and Output
  5. Builds better relationships
  6. Nurtures Creativity
  7. You Gain From it

Let’s get right into the article and unlock the perks of transmitting knowledge by knowing its relevance today.

What is the Importance of Knowledge Sharing?

“Share your knowledge. It’s a way to achieve immortality.”

‚óŹ Dalai Lama

Just as the quote above assembles the beauty of knowledge sharing, others strongly stand by it too. Faizunia Pangil in his research paper, Knowledge and the Importance of Knowledge Sharing in Organization states that knowledge sharing within an organization is detrimental to its success and overall performance.

Does this throw some light on why to encourage knowledge-sharing?

Exchanging your expertise or learning has always been an important aspect of our everyday life. Most times this process takes place at a behavioral level and is not always pre-planned practice.

For example, if you master the skill of sketching, you would naturally be inclined to give some handy tips and tricks to your friend who struggles with it.

This is the beauty of exchanging knowledge.

Lately, it has become an integral part of team building at workplaces too. This sudden trend of knowledge sharing is due to significant changes marked in team performance, productivity, and process simplification, and all-round improvement.

To put it simply, sharing your knowledge with others is a two-way beneficiary process. Where on one hand you communicate your wisdom, the other person further expounds and builds on it. Thereby increasing communication, collaborative learning, and stimulates growth.

Benefits of Knowledge Sharing

As can be understood from above, sharing your expertise or learning is a worthwhile process. Here are its 7 tremendous benefits of –

1. Increased Engagement

When you indulge in sharing your knowledge, it fundamentally increases your involvement in the process and the field of learning. This approach is highly yielding at workplaces where it is constantly required of employees to brainstorm and interact to come up with better solutions.

Along with increased engagement comes the attitude of collaborative efforts to problem-solving. This further promotes team-building and leads to the benefits of combined efforts and harmony at the workplace.

2. Enhanced Collaboration

Sharing your knowledge and gaining some more from others is the single most potent tool to ramp up collaborative efforts. With collaboration comes the benefit of better ideas and feedback.

Your problematic area may gradually become your strong suit with social learning that comes from knowledge sharing.

3. Advanced Communication

Effective knowledge sharing develops better communication. You, firstly understand how to project your ideas, convey your thoughts, and provide aided guidance.

Secondly, this process opens gates to building professional relationships and greatly elevates communications. The core idea is to supply others with the exact help they are looking for.

4. Promotion of Multiple Ideas and Better Output

Two is always better than one but a group is even better. For this reason alone, companies promote knowledge sharing. It is these productive ways of exchanging useful information that gives birth to invention. A nifty team that is quick and open to learning, collaborating, and the invention is a huge asset.

In everyday life as well as sharing knowledge with people acts as a great method to amplify your creative and problem-solving cognizance.

5. Building Cordial Relationships

Be it in an organizational setting or a commonplace interaction, sharing your views and expertise builds better relationships. You create a demand for your expertise and this favors your personal branding. This greatly magnifies your chances of community teaching, knowledge building, publishing, and revenue build-up.

By helping others by conveying your prowess and mastery of skills, you weave your own supportive web. It can prove extremely beneficial through the highs and lows of life. This indicates the one major benefit of networking and socializing – having a better support system.

6. Nurturing Creativity

Since the process of knowledge sharing ropes in the combined mental facilities of two or more parties, it is highly plausible that it nurtures creative insight too.

There will crop up more than one feasible method of problem-solving when people with different perspectives share their insight on a common topic. Mental barriers and obstacles can be torn down to achieve out-of-the-box-thinking.

7. Imparting Personal Gains

Knowledge sharing isn’t just an organizational drill. It is something through which all of us can benefit from. When people pitch in their point of view and special learning that comes from hands-on experience, it adds to your crystallized intelligence.

Conclusion

The above-mentioned benefits of knowledge sharing should be motivating enough to inculcate this healthy habit. Moreover, you must be inspired and open to all channels of learning and growth. It is the mark of an evolving and progressive mindset.

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