Using knowledge management to develop your succession plan

Using knowledge management to develop your succession plan

As you develop your succession plan, you’ll need to consider how to mitigate the loss of pure know-how that will occur when you step down. One way is to implement a knowledge management strategy. This is a formal process of treating knowledge as a valuable company asset. Knowledge generally can be subdivided into two types: 1) explicit (already documented) or 2) tacit (exists only in your brain). A comprehensive knowledge management effort related to your succession plan will call on you to gather both types in various categories. Contact us for further info.

Share