Wednesday, September 28, 2011

Knowledge Is Power - Part 2

Last week I wrote about the concept that “Knowledge is power” and how most people believe that knowledge is power only when it is hoarded. The reality is that knowledge only has power when it is shared with all of those that need it. Shared knowledge creates power simply because leaders get results through people and without the knowledge they can’t create the results.

But sharing knowledge has another component that is often overlooked in the business world. You see, sharing knowledge not only allows your team to perform more capably but it also demonstrates clearly how willing your are to be open with them, sharing your knowledge, sharing the strategies, and sharing the goals of the organization. By doing this, you are building trust with those that work for you. And trust is one of the key components required for employee engagement.

It is no secret that engaged employees work harder and smarter than non-engaged employees. The mere fact that they care about their organization and their manager provides the motivation to create something bigger and better than those employees who don’t care about their organization or, worse, want to see it fail. By sharing knowledge and building trust within your organization you not only get the benefit of better, more informed decisions, but you also create a team of people that care about what they are doing and the results that they get.

How much information do you have to share?

You want to share as much information as you can without jeopardizing your fiduciary responsibilities to the company. As the leader in an organization there is certain information that is provided to you in confidence. Information that is not available to the public at large or to most of the employee base. When you are entrusted with confidential information you have a responsibility both morally and legally to keep that information private. Breaking that confidence could actually compromise trust in the organization, rather than building it. When in doubt, you must use your own judgment on what can and cannot be shared.

By sharing as much information as you can with your employees you empower them in their jobs and open the doors for improved performance and creativity within the organization. The message here is to share as much information as you can with your team. Sharing your knowledge will not only allow them to make more informed decisions but will also create a loyal and engaged team that will serve you, the organization and your customers to the fullest.

I hope that you enjoyed this article. At ECI Learning Systems LLC we are dedicated to improving productivity and profitability by creating engaged organizations. Our unique combination of training and personalized coaching, combined with our expertise in assessments allow us to create a development plan tailored for your success.

Until next time….

Dave Meyer
ECI Learning Systems, LLC

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