How to stop the institutional knowledge drain - Implementation

How to stop the institutional knowledge drain

Insights

How to stop the institutional knowledge drain

When your best employees become retirees, what happens to all of that experience and knowledge accumulated over the years? For many companies, it walks out the door. Other companies beg the newly minted retirees to stick around a bit to help smooth over the transition. 

With some planning, your organization’s institutional knowledge, critical skills, and history will live on for decades. Processes and best practices stay within the company. As an added benefit, your current processes and workflow will get better. 

Read our latest Practice Insight to learn more about successfully retaining your knowledge base and transitioning it to your next generation of leaders.

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