The right knowledge sharing methods can make the difference between companies that work efficiently and those that are always backtracking. The way we transfer knowledge at all levels, internally with teams and externally with clients, matters.
If knowledge holders transfer over their projects in a streamlined way, you can mitigate hundreds of hours of work. It's estimated that US knowledge workers waster over 5 hours a week recreating knowledge that already exists within the company.
The wrong knowledge practices aren't just costly, they can frustrate employees, cause a lack of engagement and poor retention leading to monetary loss.