Organizational Knowledge Retention
Building and Securing an Organizational Brain Trust in an Age of Brain Drain
Monster has conducted a nationwide study of 550 Human Resources managers to discover their attitudes, challenges and methods for managing worker knowledge. The ability to effectively manage worker knowledge is becoming a critical core competency in an era when knowledge is the primary resource for delivering organizational value.
With the Baby Boomer generation poised for retirement, concern is growing that this primary source of knowledge will strain organizations with “Brain Drain.” This issue is compounded by successive generations that are proportionally smaller and not positioned to readily replace the knowledge of a retiring generation.
This Monster research explores the level of awareness U.S. companies have of this coming “Brain Drain” and what they are doing to prepare for it.