Strategies for Capturing Essential Organizational Knowledge PPT

This PPT slide, part of the 27-slide Organizational Forgetting PowerPoint presentation, outlines strategies to address the failure to capture essential organizational knowledge, emphasizing the importance of formal processes and incentives. It identifies 2 primary remediation strategies: circumventing "heroes" and connecting the new to the old.

The first strategy, "Circumvent heroes," highlights the risks associated with relying on individuals who possess critical expertise. When knowledge is concentrated in a few key people, organizations become vulnerable. To mitigate this, managers should create structures that facilitate knowledge sharing across teams and departments. Implementing a bonus incentive system can encourage knowledge-sharing behaviors, ensuring that expertise is disseminated rather than hoarded. This approach not only enhances collaboration, but also reduces the costs associated with relearning lost knowledge.

The second strategy, "Connect the new to the old," focuses on the integration of new knowledge into existing frameworks. It points out that linking new information to familiar concepts can ease the adoption process. Resistance to change often arises when employees fail to see the relevance of new knowledge. Organizations must work to ensure that employees understand the strategic importance of adopting new practices. This includes addressing potential threats posed by new knowledge, particularly when it disrupts established routines.

Overall, the slide emphasizes the necessity of structured approaches to knowledge management. By fostering an environment that values knowledge sharing and integration, organizations can enhance their resilience and adaptability in a rapidly changing landscape. The insights provided here are crucial for leaders aiming to strengthen their organizations' knowledge retention capabilities.

This slide is part of the Organizational Forgetting PowerPoint presentation.

Download the Full Presentation

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Knowledge Management Learning Organization

Are you familiar with Flevy? We are you shortcut to immediate value.

Flevy provides business best practices—the same as those produced by top-tier consulting firms and used by Fortune 100 companies. Our best practice business frameworks, financial models, and templates are of the same caliber as those produced by top-tier management consulting firms, like McKinsey, BCG, Bain, Deloitte, and Accenture. Most were developed by seasoned executives and consultants with 20+ years of experience.

Trusted by over 10,000+ Client Organizations

Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes, from startups and small businesses to the Fortune 100, in over 130 countries.

Flevy is the world's largest knowledge base of best practices.

Leverage the Experience of Experts.

Find documents of the same caliber as those used by top-tier consulting firms, like McKinsey, BCG, Bain, Deloitte, Accenture.

Download Immediately and Use.

Our PowerPoint presentations, Excel workbooks, and Word documents are completely customizable, including rebrandable.

Save Time, Effort, and Money.

Save yourself and your employees countless hours. Use that time to work on more value-added and fulfilling activities.

Read Customer Testimonials

"FlevyPro provides business frameworks from many of the global giants in management consulting that allow you to provide best in class solutions for your clients."

– David Harris, Managing Director at Futures Strategy

"As a consulting firm, we had been creating subject matter training materials for our people and found the excellent materials on Flevy, which saved us 100's of hours of re-creating what already exists on the Flevy materials we purchased."

– Michael Evans, Managing Director at Newport LLC

"I like your product. I'm frequently designing PowerPoint presentations for my company and your product has given me so many great ideas on the use of charts, layouts, tools, and frameworks. I really think the templates are a valuable asset to the job."

– Roberto Fuentes Martinez, Senior Executive Director at Technology Transformation Advisory

"As a niche strategic consulting firm, Flevy and FlevyPro frameworks and documents are an on-going reference to help us structure our findings and recommendations to our clients as well as improve their clarity, strength, and visual power. For us, it is an invaluable resource to increase our impact and value."

– David Coloma, Consulting Area Manager at Cynertia Consulting

"I am extremely grateful for the proactiveness and eagerness to help and I would gladly recommend the Flevy team if you are looking for data and toolkits to help you work through business solutions."

– Trevor Booth, Partner, Fast Forward Consulting

"I have found Flevy to be an amazing resource and library of useful presentations for lean sigma, change management and so many other topics. This has reduced the time I need to spend on preparing for my performance consultation. The library is easily accessible and updates are regularly provided. A wealth of great information."

– Cynthia Howard RN, PhD, Executive Coach at Ei Leadership

"As a young consulting firm, requests for input from clients vary and it's sometimes impossible to provide expert solutions across a broad spectrum of requirements. That was before I discovered Flevy.com.

Through subscription to this invaluable site of a plethora of topics that are key and crucial to consulting, I

... [read more]

– Nishi Singh, Strategist and MD at NSP Consultants

"As a small business owner, the resource material available from FlevyPro has proven to be invaluable. The ability to search for material on demand based our project events and client requirements was great for me and proved very beneficial to my clients. Importantly, being able to easily edit and tailor

... [read more]

– Michael Duff, Managing Director at Change Strategy (UK)