"firms with a high-trust environment, where employees can collaboratively and transparently share knowledge, gain stock returns two to three times higher than the industry average and have 50% lower turnover rates"
"because we fear losing power or the status that is achieved through knowing unique information."
Basically, we hide knowledge because we fear the potential costs of sharing it."
The answer(s):
"knowledge hiding does make people feel more psychologically unsafe at work, and as a result, those people will be less likely to thrive."
"We were curious if cynicism and knowledge hiding interact in any way to influence employees’ psychological safety and thriving."
"We now know that knowledge hiding is much more harmful when those who hide knowledge have a negative attitude toward their organization as opposed to a positive one."
"work towards developing cultures in which their employees feel comfortable speaking openly about their concerns."
Source: Why Withholding Information at Work Won’t Give You an Advantage
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