Knowledge sharing is the process of passing on tacit and explicit information from one person to another. We have already explored this fact and how is it important among human capital professionals in a prior article. In an organization, the benefits of knowledge sharing are many. For instance, a sustained mechanism of knowledge sharing and training of young employees will help the company scale future business environments. Its importance cannot be overlooked. Pushing the boundaries of collaboration and innovation in all areas of life is a matter of learning from the people who trail-blazed the paths the same as you and in turn sharing everything you learn with the individuals coming after you.

A company’s long-term success leans heavily on the strategies and vision the management has for the future. Development and nurturing of this talent from within the organization, evaluating their performance, and providing a clear direction for their career is an important aspect of that strategy is what sets leading businesses of the world apart from the rest. However, this process has become difficult in the current market ridden by the pandemic, evidently. This is not exactly a new problem. In 2017, a survey by the Duke University interviewed 850 CFOs in the US. The study revealed that 89% CFOs believed they cannot implement several long-term strategies they had in the pipeline because they were unable to attract and retain the right managerial talent. We can but guess this issue has only worsened during the pandemic. This has caused them to pull back various planned expansions.

Small changes and tweaks in your habits and routines in your daily life can have a ripple effect that creates a huge impact in your life down the line. You may not be surprised to know that a vast number of people are not happy with their work, ranging from basic disappointment to downright depression. Most believe that a change of job will positively affect their emotions while others think getting away from a negative situation as soon as possible will bring them happiness. According to numerous surveys, a common pattern observed was that none of them had a plan or sense of direction as to where they want to reach in their career. It is easier said than done to ask yourself the hard questions and reflect upon your strengths and shortcomings, and what you like to and do not like to do in your life.

Furthermore, a fully formulated plan will not suffice. There are certain habits one must adopt that will aid in the execution of the plan. This is exactly what is observed when you conduct a close study of successful people of the world. Here are some of the habits.