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According to Market Watch
"Knowledge Transfer is Critical to Companies' Competitive Edge as Large Numbers of Baby Boomers Begin to Retire, Says New Report from The Conference Board." The report has been reprinted here for your information.

Other knowledge retention Related Articles

Knowledge And The Intellectural Capital Of The Organization
In the new economy of the millennium, knowledge has emerged as an asset to be valued, developed and managed. The quest for knowledge is not new: in the fourth century BC, Aristotle noted "All men by nature desire knowledge." Now, 25 centuries later, knowledge drives the global economy. No longer is knowledge considered only an individual's personal wisdom; knowledge is a component of the intellectual capital of organizations (Stewart 1997).

The Value Of Knowledge To The Organization
Since knowledge is an intangible asset, it is difficult to assign a value to it. Its amorphous nature exacerbates this difficulty. Lew Platt, former CEO of Hewlett Packard, has acknowledged the dilemma: "If HP know what HP knows, we would be three times as profitable." Intellectual capital is collective knowledge, but who collects it and who disseminates it? Successful and competitive organizations are rich in knowledge, but whose knowledge is it and and who assigns value to it? Values assigned to knowledge may differ. For example, knowledge May have one value for the organization, another for shareholders, yet another for current and potential partners, and still one more for individuals within the organization.
Strategic Thinking To Develop A Successful Employee Retention Strategy According To Your Strategic Thinking Business Coach
Look around you in today’s business world. It is no secret that it is becoming more difficult to recruit and retain skilled employees. In fact, one could say that select businesses and industries are desperate or becoming desperate to find people with the needed skills and attitudes. Okay – what about your business? Have you anticipated and responded to the challenge of employee retention? Or are you like too many businesses that do not focus on employee retention until turnover increases. The successful businesses today have a formalized employee retention program as part of their business strategy. They take a proactive approach to prevent unnecessary employee turnover. Your strategic thinking business coach suggests that you use some strategic thinking to develop a successful employee retention strategy.

Retention: What Can I Do?
Has the market turned on us? Are we actually in a recession? Then why is retention still such a huge issue for all of us? This is one of the most amazing economic states that we have experienced in quite some time. Although there has recently been a huge number of layoffs, there is still a labor shortage. This means that companies are still battling the retention issue. But, we are all quickly learning that having an effective retention program is the right thing to do in any economy because it provides us with a competitive advantage.

Leadership and Keeping Your Customers
This article presents a brief real situation, case study which illustrates the critical importance leadership plays in customer retention, employee retention, customer loyalty and profitability.

Three Ways To Reduce Conflict And Improve Volunteer Retention In Nonprofit Organizations
Http://www.corevalues.com. Volunteer retention, which is not unlike employee retention with an obvious twist involves three strategies for reducing conflict and maximizing volunteer effectiveness.

Pay Attention to Retention
It is imperative to pay attention to retention because when there is turnover, it saps the organization in numerous ways. This article offers some ideas on how to improve employee retention.

Winning Opportunities For Everyone Through Mentoring
Mentoring can be an excellent retention tool for a company if implemented appropriately. It is a solution that meets the needs of many individuals of all ages and at all levels in their careers. In addition, mentoring provides a fabulous way to transfer knowledge as the older generations begin phasing in their retirement.
Mentoring – Winning Opportunities for Everyone
Mentoring can be an excellent retention tool for a company if implemented appropriately. It is a solution that meets the needs of many individuals of all ages and all levels in their careers. Plus, it provides a fabulous knowledge transfer as the older generations begin phasing their retirement.
Knowledge Is Not Power – It’s What You Do With That Knowledge, That’s What Really Counts
That’s right. Knowledge is not power. Nope. This is one of the biggest lies out there. Try this instead: “It is the implementation of knowledge that is the real power”. You see it isn’t what you know that matters, it’s what you do that counts. Knowledge alone won’t fix a thing. It’s what you do with that knowledge; that’s what will make the difference.

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