Bersin with Deloitte
NOVEMBER 16, 2018
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.
Insperity
MARCH 9, 2021
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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HR Bartender
APRIL 2, 2017
Years ago, people just retired. They announced to their boss that they were going to retire. The company threw them a party, gave them a gold watch, and wished them well. It’s the idea that you don’t have to retire. Replacement and Succession Planning : Pew Research says that 10,000 people each day turn retirement age.
ATD Human Capital
DECEMBER 28, 2015
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.
Conversation Matters
MAY 13, 2012
In 2008 KM was alive and well at GM. 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. 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.
HR Morning
JUNE 11, 2019
Surveys show that workers and employers don’t agree on how well organizations are meeting employees’ development expectations. Institutional knowledge/Knowledge management. Whenever employees leave, organizations lose hard-to-replace knowledge about what has been successful and unsuccessful in moving strategy forward.
Conversation Matters
SEPTEMBER 8, 2016
Transferring knowledge from one part of the organization to another is at the heart of knowledge management. But a general call to encourage more knowledge sharing or transfer is not very effective because there are many ways to transfer knowledge. What type of knowledge do you want to transfer?
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