Remove Knowledge Management Remove Planning Tools Remove Retirement Remove Strategy
article thumbnail

How to capture institutional knowledge

Insperity

When your employees stay in the same role for extended periods, they accrue institutional knowledge – or information and understanding about the systems, relationships and tactics that make your company run optimally. That is, unless you have a system for regularly capturing institutional knowledge. Succession planning.

article thumbnail

Knowledge Management: What it is and why it matters

ThoughtFarmer

We’ve all heard the cliché “knowledge is power,” but what use is knowledge in the workplace if it is trapped inside your employees’ heads? There is no shortage of information on the subject of knowledge management (KM), but the topic is hot with good reason. alone, about 10,000 baby boomers retire every day.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Ways the U.S. OPM Competency Models Can Support Your Workforce Planning

AvilarHR

Office of Personnel Management (OPM) publicly shares its Competency Models. Here’s how the OPM competency models can support your workforce planning. In the ever-evolving landscape of business, workforce planning is a critical aspect of organizational success. Fortunately, the U.S.

article thumbnail

Workers are looking – and leaving – for career development

HR Morning

But it’s the ongoing training that’s at the core of talent management —and of retention. Software analysis and review site Better Buys conducted exclusive research into what companies are offering employees and what those employees really value the most. Succession planning. Institutional knowledge/Knowledge management.

article thumbnail

The Great Generational Shift: How Employers and Managers Can Prepare

Everwise

The Boomers are filling up an “age bubble” in the workforce such that there are many more people at or near the ordinary age range for retirement. This will require dedicating substantial resources to staffing strategy, attraction, selection, on-boarding, training, performance management, accountability, differential rewards, and retention.

article thumbnail

Why Knowledge Management Didn’t Save General Motors: Addressing Complex Issues By Convening Conversation

Conversation Matters

GM was brought down by a flawed strategy, but an organization’s strategy is clearly a product of the knowledge that exists within its walls. The knowledge existed within GM to develop a more competitive strategy. To address adaptive challenges organizations must invent their way to a solution.

article thumbnail

Leveraging Collective Knowledge: NASA’s Constellation Program

Conversation Matters

The administration’s intention is to pay private companies to shuttle astronauts to and from the Space Station, while NASA is suppose to turn its attention to developing advanced technologies and demonstrations, including heavy-lift propulsion research research. David Delong wrote about NASA' loss in Lost Knowledge , Oxford Press 2004.