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knowledge transfer

 What is data handover?

Knowledge transfer is the term that holds the key to solving the problem of harm of knowledge and good practices that a company faces with the departure of an employee.

Knowledge transfer basically consists of capturing knowledge, things learned at work, solutions to different types of problems already encountered, etc., so that future employees can use them and make their work more efficient.

It is a method of passing information from one part of your business to another. It is essential for a company because it encourages innovation, encourages collaborative efforts among employees, and promotes understanding in the business.

It is also nearby transferring the knowledge in people's minds to a system so that it can be managed and used effectively in the future. It helps to get the right information, to the right person, at the right time.

knowledge transfer

Why is knowledge transfer important?

With the pandemic taking center stage and companies downsizing due to the economic crisis, knowledge management is becoming increasingly important for companies.

This is because when people leave an organization, they take their accumulated knowledge with them.

This knowledge can be essential to the company and may not be understood by other employees. They also take years of experience, knowledge and everything they have learned on the job. It will take some time for someone new to the process to get used to the details of the job.

This is where knowledge transfer and having a proper system for collecting, aggregating and storing data becomes of the utmost importance. Replacing training costs the company time, energy and money, and setting up a system saves all of that.

A knowledge managing system makes it easy to capture, store, retrieve and exchange data in minutes, which all companies seek. New employees will not waste their time on problems similar to old ones facing and hence their productivity will be more fruitful for the organization.

Knowledge transfer ensures a culture of team learning in an organization that is quite effective in continually improving the organization. This prevented the staff from reinventing the wheels and thus saving time to make them more competent.

Now, as we hope you have understood what knowledge transfer is and why it is essential for contemporary business models, let's take a look at its different types.

Types of knowledge transfer

While knowledge transfer means the transfer of knowledge, information and ideas, the concept is totally different from that of training.

It is more about taking advantage of the flexibility of employees to adapt to jobs that require different skills and experience in applying the information available. To make this information available to employees, organizations have a system to capture, aggregate, organize, and store it for future use.

There are two types of knowledge transfer.

1. Explicit knowledge transfer

It is knowledge that can be written or recorded, shared and understood like the information found in textbooks and databases.

It is knowledge that can be understood by reading a book or talking to someone who already knows it. That is why this type of knowledge transfer occurs explicitly.

2. Tacit transfer of knowledge

This is the kind of knowledge that is difficult to impart. It is the knowledge that a person acquires over the years through experience, observation and being in particular situations and finding innovative ways to solve these problems through trial and error and through research.

It is the kind of knowledge that is difficult to express and that is best understood from one's own work experience. This is the knowledge that organizations today are trying to gather and make available to others facing similar challenges.

Both explicit and tacit knowledge play a role in knowledge transfer; it is tacit knowledge that is difficult to verbalize and requires more effort and interactions to achieve.

Have a solid knowledge management system that can channel knowledge transfer.

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