The sharing of knowledge and expertise among individuals, teams, or organizations is known as knowledge transfer. Because it ensures that knowledge and skills are not lost when employees leave or retire, it is an essential part of business operations. Knowledge transfer can refer to the process of training new employees to perform their job responsibilities or the transfer of specialized knowledge from one employee to another in the context of human resources.
In the UAE, GCC, and KSA, knowledge transfer is particularly significant as these nations have seen quick development as of late, leading to an influx of new businesses and foreign workers. It is pivotal for associations to guarantee that information is shared and held, particularly in businesses that require specific information or abilities. On-the-job training, mentorship programs, and platforms for sharing knowledge are all examples of methods of knowledge transfer.
Better decision-making, increased productivity, and increased employee engagement can all result from effective knowledge transfer. Additionally, it contributes to the development of an organization-wide culture of ongoing learning and development. As a result, companies in the United Arab Emirates, the Gulf Cooperation Council, and the Kingdom of Saudi Arabia ought to make investments in programs for the transfer of knowledge in order to guarantee that their staff members possess the knowledge and abilities required to succeed in an industry that is undergoing rapid change.