When the COVID-19 pandemic sent knowledge workers home in droves, providing the ability to conduct business virtually focused on basic needs. Videoconferencing took a front seat as employees got to know each other’s home offices, pets, and children.
Now that remote working is a long-term proposition for many companies, leadership teams are realizing that making sure colleagues can see each other is just one small piece of the productivity puzzle. Analysts estimated (pre-pandemic) that companies in the Fortune 500 lose a combined $31.5 billion each year because their employees fail to effectively share knowledge. Now, people who work at firms that have not undergone a digital transformation are feeling the acute pain of trying to find the information they need to do their jobs. More than ever, knowledge workers need to efficiently search, collect, and share information that is housed in a myriad of digital storehouses. The combination of not being able to ask around at the office (in-person) and endless information silos are causing major productivity disruptions
As a result of this logjam, according to BCG, 80% of companies say that accelerating their digital transformation is a strategic necessity. BCG found that using an approach that prioritizes data speed, agility, and faster learning can deliver twice the value of a core systems overhaul.
In other words: Implementing a digital transformation that facilitates knowledge flow between employees improves productivity and can create a real corporate competitive advantage. Specifically, effective digital transformations:
Outcomes of successful digital transformations empower knowledge workers to:
Many companies are discovering that there are a lot of ways to undergo a digital transformation. Keeeb is a knowledge flow platform that enables employees to leverage the collective intelligence of their organization. The companies that deliver the ability to access, apply, and amplify knowledge across their organization will reap the greatest return on their digital transformation investment, and continue to succeed in an uncertain working environment.