Knowledge Transfer Strategies: Preparing for Retiring Baby Boomers

There is no replacement for decades of experience and as a long-time employee reaches the age of retirement, many businesses find themselves facing a large loss.  A worker who has been with your business for numerous years has a foundation of knowledge that can’t be easily put into words or even documented. So how do you prepare for these valued longtime workers to exit through your front door, never to return?

Ramon Ray, editor of Smallbiztechnology.com, recently wrote an article for Dun & Bradstreet that talks about Knowledge Transfer Strategies: the method of transferring information from one part of an organization to another and four steps that you must consider during the process.

Read the full article here.

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About Carolyn Crummey

Carolyn Crummey is a business and technology strategist and the owner of VirTasktic (www.virtasktic.com), an agency dedicated to providing high-level virtual services to small businesses and entrepreneurs. A lover of technology and small business, Carolyn has built a career on the intelligent use of technology to increase business efficiency and productivity, which ultimately leads to greater profitability. Carolyn works closely with her clients to understand their challenges and helps them integrate the best technology solutions into their businesses so they too can enjoy great successes. You can follow Carolyn on Twitter at @CarolynCrummey or @VirTasktic.