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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.

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Knowledge management: Fuel for the social enterprise

Bersin with Deloitte

Knowledge management can be a key that unlocks all of these qualities in an organization while making it possible for people to do more, more effectively, and with less effort. Lots of knowledge, not a lot of management. High volumes of Baby Boomers are retiring and taking institutional knowledge with them.

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How to capture institutional knowledge

Insperity

However, when a well-tenured person does retire or resign, a substantial reserve of company-specific insights may be lost. That is, unless you have a system for regularly capturing institutional knowledge. What is institutional knowledge? We see institutional knowledge as a good thing (until it’s not).

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7 Reasons HR Needs to Learn About Unretirement

HR Bartender

Years ago, people just retired. They announced to their boss that they were going to retire. It’s the idea that you don’t have to retire. Knowledge Management : Retaining workers, even in a part-time or contingent status, allows the organization to retain knowledge. And it’s not necessarily age-based.

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The CKO of Microsoft Services Has a Surprising Perspective on Knowledge Management

Conversation Matters

He explains that although he just hit retirement age, he can talk machine learning with any 30-year-old engineer because he is continually learning. He notes that the world is embarking on an effort to drive in apprenticeship , so people can be employable in two years.

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The Increased Prevalence of DC Pension Plans is Going to Change the Way We Retire. How to Prepare?

Something Different

<www.forbes.com> …Okay, so this evening I was reading a white paper from Aon Hewitt (you can find it here ) that states the following: One of the key findings from this research is that there appears to be a welcome sense of realism among employees about their retirement prospects. This is heady stuff. This is heady stuff.

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6 Steps to Take Before Key Employees Retire

ATD Human Capital

An increasing number of workers are approaching retirement age in the United States. Many possess critical knowledge and skills obtained over many years of on-the-job experience, which is difficult, if not impossible, to replace. Train people on various knowledge transfer tools, such as process flow charts, RACI charts, and mind maps.