Invest in knowledge & know-how
Tags: Consulting, Resilience, Knowledge, Business, Learning And Development

Invest in knowledge & know-how

A resilient mind is a growth mind. Organizations with resilient minds have confidence in their ability to integrate new information and adapt to new challenges. When a company’s mind is resilient, it is able to identify errors and see opportunities for improvement.

As we have mentioned before in our first blog post on the R Company, the culture of a company is made of its people. To achieve resilience, organizations must nurture the knowledge and know-how of their people. How? By implementing learning opportunities and making it easy for people to up-skill themselves. Therefore, providing learning opportunities in the workplace is a critical component for resilient organizations. To replenish skills and to sustain resilience, organizations need to get maximum value from learning opportunities.

Invest in knowledge & know-how

Continuous learning is a philosophy that businesses need to implement into their culture to gain resilience. Moreover, it is beneficial for executives, employees and also for financial success. In fact, lifelong learning supports the growth of an organization and creates opportunities in a multi-perspective way.

Ideas around continuous learning address different topics. The key parameter is to always expand your knowledge to gain new skills and expertise. In particular, leaders provide the tools and resources necessary to enable a holistic, steady learning process along the value chain. Hereby, there are different methods for employees to engage in continuous learning:

Social learning

This includes the ways a learner interacts, discusses, collaborates and learns from others to increase their knowledge or learn new skills. This can be either informal or formal and includes:

Following blogs or other online media resources to gain deeper insight

Discussion and collaboration on social media

Working and communicating with other co-workers

Coaching and mentoring

On-the-job training

Formal learning

It includes ways through which a learner can gain new knowledge and skills via learning initiatives which have already been pre-determined, organized and implemented for a specific learning purpose or goal. For example:

Training programs from within the organization

External workshops or conferences

A university or college course

E-Learning courses

Mobile learning courses

Self-directed learning

Maintaining and building Know-How does not have to be limited to predetermined learning opportunities or exchange with others. Learning can also be achieved through self-directed opportunities:

Listening to topic relevant podcasts or watching instructional videos

Researching and reading to gain a deep understanding of a topic

Experimentation and exploration

But how do you provide your people with the right structure to enable this kind of learnings? We at Avance have developed a strategy that works for our clients:

Investing in knowledge and continuous learning has multiple positive effects on an organization.

In a rapidly changing work world, a constant building of Know-how helps leaders and employees to be able to adapt quickly. Staying up- to- date with different tools like innovative technologies, practices, or industry developments keeps an organization at a high-quality standard.

Another important benefit is the avoidance of short- sightedness. With the right training tools, and in some cases through consultation with a strong partner, the business is constantly being pushed forward.

An open environment that allows people to share knowledge is essential. Through this fundamental principle, best practices can be discovered, and errors can be resolved. In the end, all these factors contribute to an organization developing the skills it needs, to be the most successful.

To cultivate a resilient mind, organizations, must follow up-to-date learning strategies. Only this leads to the entire workforce adopting a resilient mindset.

In order to equip your people with tools for success, stay tuned for our next article on key principles of the R Company. We will be sharing our approach on an often-underrated key factor for enterprise resilience: your people. Are you ready to become the R Company? Continue learning and growing with our latest blog posts.