Skip to Content (custom)

Experiential Knowledge Retention Management Model, Version 1.1

Publication No
IR292-2
Type
Excel spreadsheet
Publication Date
Sep 01, 2013
Pages
91
Research Team
RT-292
DOCUMENT DETAILS
Abstract
Key Findings
Filters & Tags
Abstract
The capital projects industry is experiencing a dramatic increase in the rate of people leaving the workforce. As Baby Boomers reach the traditional retirement age of 65, an experiential knowledge deficit is developing that has the potential to seriou
Key Findings

The Knowledge Retention Management (KRM) model developed by RT-292 was designed to address the practical implications facing the capital projects industry when attempting to mitigate the risks associated with experiential knowledge loss. The model will help the user to assess the experiential knowledge loss risks within their organization, guide user(s) in effectively selecting a Knowledge Transfer Strategy (KTS), and help the user(s) to overcome the obstacles that one often encounters when implementing knowledge retention program.

The KRM is comprised of five phases applied across three levels of organizational granularity. The five phases are Prepare, Assess, Plan, Execute, and Monitor.

RT-292 developed a survey to gauge the efficacy and applicability of various knowledge transfer strategies under various scenarios. The results of this survey are used to populate the intelligence of the Step 5 tool (Knowledge Transfer Environment Characterization) which aids the user in selecting an appropriate choice of KTS alternatives based on the circumstances of the knowledge transfer in question. The method chosen depends on several factors such as types of knowledge to be transferred, reason for its transfer, learning styles and preferences of the SME- in-development and timing required/available.  An understanding of multigenerational learning preferences can help minimize disruptive issues and help ensure more positive results. (IR292-2, p. 31)

{^widget|(widget_displayname)WatermarkImage|(name)WatermarkImage|(image)%7e%2fCII%2fmedia%2fPublications%2f292_2Table7.png%3fext%3d.png|(width)|(height)^}

IR292-2, Experiential Knowledge Retention Management Model

Focuses on how to best retain experiential knowledge within an owner or contractor organization. The model is designed as a complementary component of a comprehensive knowledge management program. It addresses the transfer of knowledge from the near-retirement to the next generation. The model comprises 10 steps that are grouped within five phases of the proposed program: preparation, assessment, planning, implementation, and monitoring.
 
Filters & Tags
Research Topic
Knowledge Transfer from the Near-Retirement Generation to the Next Generation
Keywords
SME, Subject Matter Experts, SMA, Subject Matter Areas, KM, Knowledge Retention Management, KTS, Knowledge Transfer Strategies, Bench Strength, Experiential Knowledge, Knowledge Transfer Case, Retirement, Baby Boomers, Knowledge Retention, Knowledge Manag