Is your corporate knowledge at risk?

by Malcolm Tullett on Wednesday, 8 September, 2010 · 2 comments

in Compliance

1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading ... Loading ...

By guest blogger Malcolm Tullett

Every organisation contains knowledge, but how well does your business handle it? Is there a single place of truth where everything that is needed resides – or do you lose information when someone leaves, is away on holiday or sick, or moves up to a higher position?

More to the point – do you KNOW what you’re losing?

  • You train people and then they leave – you can’t stop that happening, but how do you retain what they’ve learned?
  • You promote someone and they move into a different role – how much do they actually hand over to their replacement? Is that factored into their move?
  • People are unexpectedly away from work – perhaps from an accident or off sick, or have to take time off to look after a family member. Does the person who has to cover know where to look to find out what they do – and how?
  • In multinational or multi-site organisations, someone gets transferred from one place to another – does their knowledge go with them and leave a gap?

Every organisation needs to have a strategy to handle its knowledge risks. Not only to record systems and processes, but to store information on a wide variety of functions. Ideally, that system also needs to have the flexibility to grow with the organisation, and handle change and improvement too.

There is a cliché ‘knowledge is power’; but that implies exclusivity of knowledge and in today’s world protecting your personal knowledge doesn’t help the organisation to function effectively – in fact, quite the reverse.

Today’s world is based on sharing openly for the benefit of your environment, whether that’s family, community or employer. Just look at the explosion of social media – all based on sharing information and knowledge.

How does your organisation stand up to the knowledge risks?

{ 1 comment… read it below or add one }

1 Richard Mateosian September 15, 2010 at 4:58 am

A propos of this topic, take a look at Surviving the Baby Boomer Exodus by Ken Ball and Gina Gotsill. ISBN 978-1-4354-5512-2

Leave a Comment

Notify me of followup comments via e-mail. You can also subscribe without commenting.

{ 1 trackback }

Previous post:

Next post: