Companies should take three critical steps to meet the challenge of transferring knowledge from retiring employees. The bottom line is that leaders in this arena know that capturing critical workforce knowledge and skills can't be left to chance. |
If they don't act soon, organizations will face a major exodus of institutional knowledge. Companies must undertake workforce development and training initiatives to capture knowledge and minimize its loss. |
These programs can help capture critical information and distribute it directly to employees' desktops. |