mentoring

Many organizations experience high employee turnover rates. The biggest problem with this is the lack of knowledge transfer. Because new employees who come onboard are not equipped with the knowledge and tools needed to be successful at their new job, they often cannot contribute to the optimal level. It is clear that all organizations must have a system for transferring existing knowledge from departing employees to those who come onboard. While limited time and resources are all contributing factors to the lack of knowledge transfer, it is essential to obtain managerial support before the organization can successfully implement the knowledge transfer initiative. Here are some of the common knowledge transfer practices that any effective organization should consider implementing: On the job mentoring, coaching, and shadowing Formal training (classroom courses and eLearning pieces), and Informal learning through social media and other knowledge repositories Nowadays, … [Read more...] about Critical Knowledge Transfer- Managing Your Company’s Best Brains