18th May 2016
In today’s throwaway society, content has developed a limited shelf-life. Not only does consumer appetite for information burn through it quicker than ever before, but with technologies, behaviours and even entire industries changing on what can seem like a weekly basis, the battle to keep content fresh can feel both overwhelming and draining.
To get some idea of the scale of the problem, consider this – whether it is creating new, updating existing or removing out-of-date content, knowledge maintenance costs have been rising an average of 8% year over year – but overall budgets remain the same. Perhaps more alarming when it comes to updating content, recent analyst estimates suggest that Fortune 500 companies are losing a combined $31.5 billion per year from employees failing to share knowledge effectively.
To stand any chance of their content keeping up, brands must therefore make use of every resource available to them – and this means taking a wider look at possible knowledge providers both within their own organisation and outside of it.
After all, who better to know your products inside and out than the people whose job it is to make, market and sell them, and the customers who use them daily. Often representing an untapped wealth of information, customers in particular can have a very unique insight into a brand’s products. Finding a way to gather this input into your knowledge base can be extremely rewarding.
This idea of leveraging information from others – for example customers or employees – to crowdsource knowledge is set to be another of 2016’s most talked about knowledge management trends – social collaboration.
The state of social collaboration
Despite sounding like an easy enough task – particularly in the age of constant status updates and pictures that document our every move – many brands are failing in their efforts to persuade others to share their knowledge with them. Intranets go unused, feedback buttons ignored and wikis fail.
But why is it that people don’t collaborate on knowledge more? Why aren’t we all more willing to provide feedback? What is stopping us?
To share or not to share?
There could be any number of reasons why an individual chooses not to pass on their knowledge to others, but I would point to the following as prime suspects:
Encouraging future sharing
These questions are just a few examples that brands must consider if they want to make social collaboration work successfully in the future. The good news, however, is that there are some obvious places to start.
Though it is important to address the technical barriers to entry by ensuring your software is as simple as possible, top of my priority list would not be the ‘how’ but the ‘where’ of collaboration. You need to set up your system in a way which allows for collaboration in the places where you know people are already using knowledge and thus the effort to do so more will be minimal. You’re more likely to share on Facebook, for example, because you’re already there to read about your friends. Social collaboration won’t work if it’s off to one side – out of sight, out of mind. It’s got to be culturally and procedurally built in to the way you work.
There are also a number of ways you can tap into psychology to motivate people to create knowledge:
Knowledge management should be intuitive, innovative and evolving – making information simple to find, use, monitor and manage – and social collaboration is going to be an increasingly important part of the process over the next five years.
So what’s the future of social collaboration? Getting people to collaborate involves mastering many complicated contrary motivations and desires, including overcoming usability, anxiety, engagement and reward-based drivers. As these are increasingly understood, social collaboration will become a reality rather than an aspiration, and businesses will be able to capitalise on this to implement radical improvements to their knowledge-sharing ecosystems.
With thanks to Michael Aston at Transversal