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

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.

Insiders

Sign Up for our Newsletter

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

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. What is knowledge management?

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

HR Data Makes Its Own Gravy (Part 2)

HR Examiner

“The majority of information consumed by intelligent tools are various forms of text. The categorization of HR data types and attributes in AI and intelligent tools are still evolving. The majority of information consumed by intelligent tools are various forms of text. ” - John Sumser. Text / Language.

article thumbnail

Modern HR Data Types and Attributes (from text to machine generated and monitored data)

HR Examiner

Data is at the heart of the explosion of intelligent tools and AI in HR Tech software. And that’s where the new tools come in handiest. In the end, intelligent tools process data so that their human partners can process it further, arrive at a decision, and move on to the next item. .” - John Sumser.

article thumbnail

Are You Truly Invested in Your Talent?

MapHR

Six of the top ten challenges listed reside under the TM umbrella: Leadership Development, Compensation, Recruitment, Succession Planning, Learning and Development, and Retention. One problem HR managers face is that traditional methods of TM are proving less effective as diverse workforces and corporate cultures evolve.