Celebration of Basant Panchami through knowledge sharing and thereby facilitating prosperity ...

On this beautiful occasion of Basant Panchami we also celebrate the two most important things in our life KNOWLEDGE & WISDOM, which are foundational pillars of quality life and prosperity. This is especially true in the Knowledge Economy where knowledge and wisdom are the basis of survival. Basant Panchami is dedicated to goddess of knowledge -wisdom -art -music, goddess Saraswati.

Today even PM Modi said in his speech, "... On this auspicious day, may Goddess Sarasvati bless everyone with knowledge, wisdom…" so its evident that right from government to organisations to individuals, everyone needs to be soaked into the blessed knowledge to create a successful existence and nation...

Quest and pursuit of knowledge has been an obsession for mankind from ancient times. However in current times in the Knowledge Economy, it's all about Intellectual property -innovation and knowledge management to progress and promote your purpose in life. Whether its health -wealth -career it all depends on how well you are able to manage your pace in learning and knowledge evolution.

In fact many organizations fall flat when it comes to knowledge management. When individuals struggle to access information they need to perform their jobs to the best of their abilities, your company’s bottom line suffers.

When individuals who possesses knowledge that would be beneficial to their team members but either refuses to share it or makes it difficult to access, knowledge flow gets restricted and creates challenges in the organization at various levels. While it sounds spiteful, it’s actually more common than you might think, and it is a massive detriment to productivity for any organization experiencing it. Knowledge hoarding causes distrust amongst your team, kills any efforts being made to increase collaboration, and costs your company valuable time and money.

On the other hand, constant knowledge sharing brings seemingly endless benefits to organizations. Knowledge sharing increases social interaction in the workplace, leads to a rise in creative problem solving, preserves pre-existing knowledge so it is not lost as employees retire or move on, and enables every department to access the information they need, when they need it, therefore speeding up response times.

6 Important Aspects to PROMOTE KNOWLEDGE SHARING & MANAGEMENT to create more successful organisations and individuals -

  1. Reward & Recognise Knowledge Sharing practices -In organisations and also in communities we often appreciate and applaud people for their good deeds, which is a great start. Nonetheless if we tweak this practice of recognition by recognising people who are sharing or willing to share their secret sauce; a lot can change in organisations and societies. Appraisals can be better aligned when people have COLLABORATIVE MINDSET rather than COMPETITIVE mindset.

  2. Always create a backup no matter where you are and what you do - 'Give a man a fish and you feed him for a day, teach a man to fish and you feed him for a lifetime." If you care for people skill them for their environment. When you cross skill people you not only sharpen their brain, you also add to their repertoire of skills.

  3. Mutual Prosperity Consciousness elevates your presence in your community - When you want to share your prosperity with others and work with prosperity consciousness you shower more on yourself. However when you have reverse mentality you create mutual loss. The best examples in this regard are Amazon and Whatsapp while the former is a marketplace for millions who earn their livelihood through the platform the later became billionaire when Facebook bought them and each of the team members who collaborated were handsomely compensated.

  4. Creating your LEGACY through your sharing - Your sponsors are always people you would remember in your life. So when you create your legacy through sponsoring knowledge and support, you create immortality through people....

  5. Socratic Discussion Forums for quick KNOWLEDGE TRANSFER MECHANISM --Socratic believed in making people think and participate in the knowledge transfer process, rather than passive adherence to the same. Thus when people actively participate in the knowledge management process they enrich themselves in execution and fine-tuning the knowledge with their existing skills and competence.

  6. Celebrate Mentors & Teachers who are willing to share their expertise and knowledge - 'Mentoring is a brain to pick, an ear to listen, and a push into the right direction.' Mentoring is like nurturing a growth story which is great satisfaction by itself. Been there done that and always willing to be the catalyst for others' success journey.

Look forward to understand more from you and your experience, in nurturing knowledge for yourself and your organisation.

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