Date Added: Apr 2010
Transition is a constant for corporation & Events such as mergers, downsizings, leadership changes, and retirement create the risk that key knowledge will leave the organization. Even without those precipitating events, employees come and go with greater frequency than they once did. Corporations can gain a competitive advantage if they can identify the employees who hold key knowledge and retain them - or at least transfer their knowledge to others if they do decide to leave. Those employees exist at all levels of an organization, but they are frequently hidden from view. Identifying, nurturing, and retaining key knowledge holders and other employees with valuable but often overlooked skills will allow corporations to remain agile even during times of high turnover.