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The Boomers are filling up an “age bubble” in the workforce such that there are many more people at or near the ordinary age range for retirement. Flexible work conditions, learning/knowledgemanagement, pay-for-performance, and coaching-style leadership will be the keys to being an “employer of choice” for in-demand talent.
Years ago, people just retired. They announced to their boss that they were going to retire. It’s the idea that you don’t have to retire. KnowledgeManagement : Retaining workers, even in a part-time or contingent status, allows the organization to retain knowledge. And it’s not necessarily age-based.
Transferring knowledge from one part of the organization to another is at the heart of knowledgemanagement. But a general call to encourage more knowledge sharing or transfer is not very effective because there are many ways to transfer knowledge. What type of knowledge do you want to transfer?
Coaching Ourselves®. The most productive conversations I’ve been involved with is Coaching Ourselves®, which brings together small groups of 4-6 employees in ninety-minute sessions that occur over several weeks, either online or in-person. Five Methods for Learning From Experience . Action Learning. KM Clinics.
Coaching and training are more important now than ever before. There may have been a brief pause in coaching leaders, but currently we are seeing many requests for coaching and assessments , as well as strategic succession planning. The same applies to those contemplating retirement. They want to hear that you get it!
Encourage and support these folks and see if you can have them coach those who may be more reluctant to try things out. But you know, even though virtually retired now, I am going to have a closer look at my image. Also have these people talk up their experiences so that others will learn from them. Learn more here.
In this three part series I‘ve classified the evolving landscape of knowledgemanagement into three categories. The first category is Leveraging Explicit Knowledge and is about capturing documented knowledge and building it into a collection - connecting people to content. Leveraging Collective Knowledge.
Institutional knowledge/Knowledgemanagement. Whenever employees leave, organizations lose hard-to-replace knowledge about what has been successful and unsuccessful in moving strategy forward. Unfortunately, relatively few organizations have developed formal programs to proactively prepare for such losses of knowledge.
As the Baby Boomer generation reaches retirement age in record numbers, organizations face a significant challenge in maintaining their expertise pipelines. From retirement to renewal “Peak 65” refers to the unprecedented number of Americans hitting the traditional retirement age of 65.
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