Teams are increasingly the organizational “vehicle” of choice for getting work done. Companies are realizing that teams are the most effective way to quickly create value as it relates to products and services. What happens, however, when key members of a team leave…or a product is handed off from one team to another…or you acquire a new product or service, but decide not to acquire the people?
Let's play a little "Jeopardy" - the Answer is...your important project is over, but a new and very similar project is about to start up, and you need to make the knowledge and experience of the first team available to the next team.
The Question...What is Team Knowledge Transfer?
It is a planned process to capture and transfer knowledge and experience from one team to another in transitions and in hand-offs. It ensures a smooth transition in running the business, protection of your Intellectual Capital, accelerated team learning, better decision-making, and enhanced performance.
Why do Team Knowledge Transfer?
Here are some typical team-related situations were there is potential loss of business critical knowledge if nothing is done proactively:
Team Knowledge Transfer increases value for your organization by creating synergies through knowledge integration. The business gains in the short-term through the closing of knowledge gaps and the transfer of best practices / sharing of lessons learned. This results in a more efficient organization through process improvements and organizational change, and through increases in employee retention and morale.
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