50 likes | 217 Views
Replicating the expertise, wisdom and tacit knowledge of critical professionals into the heads and hands of their coworkers. Knowledge Transfer: . What Benefits will be gained ? Development of the workforce needed to hit our 1-3 year strategy
E N D
Replicating the expertise, wisdom and tacit knowledge of critical professionals into the heads and hands of their coworkers Knowledge Transfer: • What Benefits will be gained? • Development of the workforce needed to hit our 1-3 year strategy • 50% quicker on-boarding & 90% retention of unique knowledge • Engagement and retention of Millennials through increased career opportunities • Identifying best practices and creating consistency (e.g. working with offshore partners) • What Risks will be Avoided? • Reduce number of employees with unique siloe’d knowledge • Minimizing the knowledge loss impact of retiring workers • Load leveling to reduce overreliance on one expert = Talent Risk Mitigation • Prepare for emergency talent loss scenarios Through a Repeatable Process & Tools