Monday, 16 April 2012


The business benefits of Communities of Practice


Wyverstone Community Cafe There are lots of business benefits delivered by Communities of Practice
Here are some of the most important
Problem Solving
through solving the problems of the members, a CoP can deliver business value through
  • Faster tasks or projects
  • Quicker time to competence
  • Better individual productivity
Problem Avoidance
through developing approaches which avoid problems and which repeat best-in-class approches,  a CoP can deliver business value through
  • Repeated good practice and good performance
  • Fewer repeat mistakes
  • Greater alignment of practices across a distributed organisation
  • Continuous improvement of practices and results
New Ideas
through networked innovation within the community, a CoP can deliver business value through
  • Faster time to market for new products and services
  • Better market share
  • Step change in delivery
Staff retention
through delivering a greater sense of belonging, and through providing knowledge resources to its members, a CoP can deliver business value through
  • Lower staff turnover

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