article thumbnail

How to capture institutional knowledge

Insperity

We see institutional knowledge as a good thing (until it’s not). Dedicated employees managing heavy workloads with great independence – if you don’t see much of a problem, you’re not alone. That’s the trouble with institutional knowledge. Consequences of failing to capture 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. What is knowledge management?

Insiders

Sign Up for our Newsletter

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

article thumbnail

In Uncertain Times, Succession Planning Is More Important Than Ever

SHRM Resources

Many organizations don’t think much about succession, but uncertain times, it’s more important than ever to transfer knowledge and retain employees in critical roles.

article thumbnail

7 Reasons HR Needs to Learn About Unretirement

HR Bartender

Professionals of all ages are planning for it. Human resources needs to take note of this trend. Knowledge Management : Retaining workers, even in a part-time or contingent status, allows the organization to retain knowledge. They have BOTH knowledge of the organization and they’re an outsider.

article thumbnail

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

AvilarHR

Jumpstarting Your Competency Model Next Steps If you’re just starting to build a competency model for your organization — or, if you’re ready to refresh your models — the OPM resource can provide a good start. If you’re like most small and mid-sized enterprises, you have limited resources. In today’s business world, agility is key.

article thumbnail

Workers are looking – and leaving – for career development

HR Morning

Company leadership needs to set the stage by establishing and supporting formal and informal orientation and onboarding processes that give both new and reassigned employees the resources they need to succeed. Succession planning. Institutional knowledge/Knowledge management. The result? Unused tools.

article thumbnail

Are You Truly Invested in Your Talent?

MapHR

With so many challenges facing today’s Human Resources executives in a constantly changing environment, Talent Management (TM) is sometimes pushed to the peripheral. A survey conducted on behalf of the World Federation of Personnel Management Associations identified several challenges for HR management.