Manchester (PRWEB UK) 26 February 2013
Businesses are harming themselves by allowing valuable knowledge to walk out the door when employees move on, business mentor Paul Corney says.
Speaking to Kenny Goodman, from http://www.FindtheEdge.com, he offered a great insight into the importance of an effective knowledge management solution.
He said: "In a nutshell, knowledge management is the ability to pull together the critical knowledge assets that you as a business have, and make sure they are shared in the best possible way.”
"The biggest challenge is when people with vast experience depart from a company. Their networks go with them."
The interview also saw Corney – from http://www.knowledgeetal.com - place particular focus on the roles of stories and narratives, which he believes are one of the best ways to protect knowledge within an organisation.
He said: "The value of stories for me, are in collaboration, and engagement.
"We learn best when we communicate with each other and exchange ideas. You have to have ways of provoking and promoting discussion within an organisation."
He moved on to explain why it's often worth looking past dry stats and statistics when measuring performance, and described in detail the effective knowledge management strategies he implemented when turning a struggling golf club around.
Kenny Goodman, founder of Find the Edge said: "Our site has only been live for a matter of days, and yet we already have a wealth of quality information available for business leaders.
"I thoroughly enjoyed interviewing Paul, and I believe businesses across the UK will be able to learn a great deal from what he has to say.
"He's agreed to follow this interview up with another one discussing effective ways to handle mergers and acquisitions, and I for one can't wait for the next instalment."
Findtheege.co.uk launched on Tuesday (19th) as a repository of knowledge for business leaders. It features news advice and insight from a variety of expert panellists.