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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). Everyone is busy.

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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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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. Professionals of all ages are planning for it. Knowledge Management : Retaining workers, even in a part-time or contingent status, allows the organization to retain knowledge.

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Workers are looking – and leaving – for career development

HR Morning

Those resources range from a knowledgeable guide to help them get settled into a new job to the ongoing training needed to acquire and apply new and advanced knowledge, skills, and abilities. But it’s the ongoing training that’s at the core of talent management —and of retention. Succession planning.

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International Women’s Day 2021: 7 Ways to Celebrate, Engage & Support Women in the Workplace

CCI Consulting

Coaching and training are more important now than ever before. There may have been a brief pause in coaching leaders, but currently we are seeing many requests for coaching and assessments , as well as strategic succession planning. The same applies to those contemplating retirement. They want to hear that you get it!