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All Press Releases for November 29, 2003 Subscribe to this News Feed    
 

Capturing Critical Knowledge From a Shifting Work Force

Research and Markets have announced the addition of the 'Capturing Critical Knowledge From a Shifting Work Force report to their offering.

(PRWEB) November 29, 2003 --The days of necessity are upon many organizations. Retirement, specifically, is having an injurious effect on organizations already destabilized by an uncertain economy. Such trends can lead to a great loss in an organizations collective knowledge, and retirement is not the only factor impacting knowledge attrition. Rapid growth, turnover, mergers and acquisitions, and internal redeployment also create knowledge gaps. The large majority of employees have been with their current employer less than four years.

Maintaining a knowledgeable work force is of major importance, but it can be a difficult issue, especially if senior management lacks awareness of the applicability of knowledge management. Yet the proven principles, tools, and practices of knowledge management can be systematically applied to capture departing knowledge and transfer it to new employees. A preemptive, strategically aligned knowledge capture and transfer system can counterbalance both inevitable and unforeseen challenges. What can you do to prepare for those challenges? And what can be done if circumstances are already less
than ideal?

KNOWLEDGE RETENTION GUIDANCE

Organizations hold onto lessons learned through organized and pervasive knowledge management initiatives. Successful processes and tools can be deployed to better retain valuable knowledge. This report has found several successful approaches to retain valuable knowledge among organizations at different stages of their knowledge management journeys. Some organizations prepared a preemptive strike against oncoming losses. Others responded to damage felt from knowledge now lost. Valuable lessons can be learned from
their responses, including how to:
- identify potential knowledge attrition,
- identify critical and inconsequential information,
- design and implement a knowledge management initiative,
- determine the necessary support structures and roles,
- determine the initiatives projected costs,
- identify implementation challenges, and
- measure the effectiveness of knowledge retention strategies.

This book will focus on determining types of knowledge, identifying and sharing critical knowledge, supporting structures and funding, and identifying critical success factors in knowledge retention. With vital information for both senior management and knowledge management practitioners, this book will detail the knowledge retention process, including indicators of a knowledge
retention problem, necessary resources, realistic ways to capture knowledge, and processes to disseminate relevant information.

For a complete index of this report click on http://www.researchandmarkets.com/reports/40881

About Research and Markets Ltd.
Research and Markets Ltd. are Europe's largest resource for market research. R&M distribute thousands of major research publications from the world's leading publishers, consultants and market analysts. R&M provide you with the latest forecasts on international and regional markets, key industries, the top companies, new products and the latest market trends.

For additional information on ResearchandMarkets.com, their range of reports or their value-added services, visit their web site at http://www.researchandmarkets.com or mailto:press@researchandmarkets.com

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Laura Wood
RESEARCH AND MARKETS
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