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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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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. Given that humans are the most important part of KM, we need to translate the academic principles of cognitive science and neuro science into real life knowledge management.” .

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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.

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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. Given that humans are the most important part of KM, we need to translate the academic principles of cognitive science and neuro science into real life knowledge management.” .

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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. The conference organizers said, “We are having a meeting to develop a knowledge strategy.