The term knowledge networks is not new. We have heard it before and are familiar with it. However, in terms of technology advancement, it has become an umbrella term.

Bringing together experts from different fields, whereas it is a private sector, the government, charities, NGO’s, academies, or individuals, to work together on the same idea or problem, becomes one of the most valuable methods and channels towards bringing change in a globalizing world.

With internet technologies, we are bound to approach differently to the idea of knowledge sharing culture.

With always-connected lives, sharing is communicating.

But when it comes to addressing worldwide heating problems, sharing is communication that can lead to solution, or results – a need to know-how.

What are knowledge networks?

Knowledge networks are an old form of organization in a deep connection with knowledge management. And while some argue that knowledge management is primarily about people (which is correct) while managing and sharing knowledge comes in second, with technology improvements and development, knowledge sharing no longer has any boundaries.

When collections of individuals and teams come together to invent, invest and share knowledge around the same goal, the success is more certain.

Knowledge sharing and knowledge networks

These days, saying “we are what we know” is nothing but a bad catchphrase that reflects the world we live in and where we are. The reason is simple, most are either obsessed with the daily flow of information or pressured by it.

With knowledge networks, the need to share information, skills and knowledge get a more productive, intuitive and creative direction.

If we don’t share the things we know, knowledge worth nothing at all.

What are the benefits of knowledge networks for organizations?

The overload of data.

The first thought on the amount of data we create today and get in touch with created an overwhelming feeling. To be able to reap the benefits of vast collected information and data, one must master knowledge management.

Key reasons why actively managing knowledge is crucial for businesses

  • Empowering decision-making process and capabilities
  • Building learning organization and making learning routine
  • Stimulating innovation and cultural change
  • Enhancing and building company culture
  • Encouraging the free flow of ideas

Whether it is a small business, an NGO, an enterprise or a governmental institution, all businesses can have great benefits from rapid knowledge sharing. How? People are able to easily connect and collaborate across geographic and organizational borders.

After all, the core idea behind the development of knowledge platforms and enterprise social networks is to connect people to accelerate change and make a difference and to bring together professionals to improve communication and collaboration.

The power of knowledge networks and knowledge platforms stems from technology.

Organizations can easily build their own networks, host in a secure cloud and have an integrated tool for content, project and knowledge management.

Knowledge platform are commonly developed as an open-source platforms that can be easily adapted to specific business needs. Thus, businesses can tailor platforms to entirely reflect their brand and fit their business development.

They can, for example, create a knowledge bank, implement various search modules, libraries, or content categories, and most importantly, have these tools inter-related.

Empowered with social enterprise networking features (groups, blogs, tags, feeds, RSS), content sharing tools (video, images, documents both publicly and privately) and real time over-view of everything that is important, knowledge networks can bolster management in any organization.

The Story of Water Network

Ever since launching, The Water Network, the largest online knowledge-sharing platform for global water professionals (members from 170 countries) showed what the benefits of knowledge management software are.

With their primary goal to reach – safe water and sanitation for everyone, everywhere, the network gathered professionals from various areas to address the problems and find the solutions.

As the water supply will exceed by 40% in the next 50 years, their goal is to connect companies, projects and non-profits with founders and partners and enable successful business exchange.

According to the network, this will directly support the growth of the over 650.000 for profit water companies and suppliers, tens of thousands of non-profit water organizations and similar communities.

By now, they have been able to directly influence the 9 million knowledge workers in the water sector by connecting grassroots workers, researchers, technology experts and industry professionals.

When you share knowledge, you channel participation that can easily turn into collective action

Knowledge is widely known and recognized as a source of competitive advantage. Regardless of type and size of the company, industry or economy. All business have to do to leverage the full potential of knowledge is choose the technology.

Care to know more how you can benefits as a business? Contact us and we’ll share what are the advantages of developing a bespoke knowledge network.