Their knowledge and experience is extremely valuable. Corporations must implement knowledge capture strategies to retrieve and transmit as much information from these valuable human resource assets prior to…
The two dimensions of knowledge capture strategy are tacit knowledge and explicit knowledge. Tacit knowledge deals with unconscious internalized knowledge that person is not aware of. Explicit knowledge refers to conscious knowledge the person can use to communicate with others; it is précised and can be formally articulated (Orsoc, 2003). The employees that are going to retire have different profiles. The first employee is highly outgoing, has good verbal communication skills. The second employee is shy and likes structure work settings. His teamwork abilities and skills are low. The person is efficient and has other good qualities that have helped the organizations over the years. His strength lies in explicit knowledge. The obstacle I anticipate with the second employee is that he might be unwilling to participate in any type of voluntary knowledge transfer program. For a knowledge capture strategy to be effective the participants must be motivated. A way to motivate employee one is by offering the person a compensation bonus of 25% the base salary. The employee would spend 10 hours a week of his 40 hour shift implementing knowledge capture strategies with the staff.
The first employee is a person that is tailored made for knowledge capture strategies. The employees’ strength can be used to create a program that implements multiple strategies. This employee should be retained to increase the firm’s employee customer retention. The proposal is for a three year part time knowledge transfer program. As the leader of the knowledge capture program employee B can used varies knowledge capture strategies simultaneously. Two of them are cross project learning and mentor-protégé relationships. The employee would participate in five project teams in all their meetings as a silent observer. He would then provide them with feedback at the beginning of the next meeting. Another of his role is to serve as consultant for the five project teams. The ...
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This has been as a result of the competitive nature of the business sector that the organizations are dealing in. However, some organizations have managed to achieve this domination of the market and managed to enjoy a competitive advantage at the expense of other companies.
(1988). Knowledge management is concerned with enriching the effective application of organizational knowledge through recommended practices of information management and organizational learning with the main purpose of delivering value to any business. It is important to note that knowledge management, when effectively applied in business operations, gives a clear representation of a quantum shift for a number of business organizations.
30, No. 2 of the Journal of Management Development in the year 2011. The name of the publisher of this article is Emerald Group Publishing Limited. More and more organizations have started to use knowledge management in their attempt of gaining competitive advantage, as a tool for leveraging their core competencies.
It is generally considered that knowledge management has been widely accepted in businesses. However, it is nowhere near as clear whether knowledge management is another transient fad or something that is here to stay. A management fad is a short-lived idea that is important and accepted for a short time, but then fades either because it is not successful or because something else replaces it.
as been an integral procedure utilized by the human resources managers at British Airways to leverage and harmonise the quality of contribution of each BA employee into making the Company’s operations successful (Frappaolo, 2006).
As a Company offering ranges of services in
IT designers must ensure that the system designed is useful to both students and staff members.
This report will develop IT and Telecommunications-use policy and discuss what a robust system design requires. It will begin by evaluation of the existing IT
Boxall and Macky (2009, p. 10) described that knowledge management helps business firms achieve high performance working because it not only a functional management strategy but also bring organizational development
The system is beneficial in that, it makes knowledge management in the domain expert to be achieved at a distance, and at the same time involve the users closely in the generation ad selection of the knowledge. Nevertheless, this same
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