Recruiting, Retaining & Engaging a High Performing Sales Organization
People Firm Knowledge Retention
1. The story by the numbers:
Don’t let your knowledge
Workforce shortage
by 2011 = walk out the door!
4.3 million
2009 workforce The Exit:
growth rate =
1%
Is your workforce aging?
Are your experts planning their exit?
Half life of an engineer’s
knowledge =
5 years
The Risk:
If they left today, are you ready?
Percent of Senior Management Do you know the potential impact?
retiring in next five years =
50%
Your Assets:
Number of jobs today’s graduates
will have in their career =
Do you know where your knowledge lives?
11-13
Organizations with no
Are you capturing it today?
formal succession plans
If your answers to these questions Don’t be part of the crowd! At
40% raise your anxiety level, you may find PeopleFirm we’ve teamed up with the
comfort in knowing you are not alone. national leaders in Peer Mentoring and
Yet whether you’re in good company content management to address this
# of people turning 55 or not, your organization may be threat to America’s corporate enterprises.
per day in the US facing a real strategic risk. Over the Our solution is customized to your
next several years, the US workforce organization’s unique needs and
10,000 will face an unprecedented turnover situation, helping you to assess the
rate of up to 40% of today’s workers. risks, prioritize your focus, and build
a holistic approach to addressing your
Despite the impending threat of this knowledge retention issues.
knowledge loss, a recent study by the
Institute for Corporate Productivity
85% of most organizations’
found that nearly two-thirds of the
knowledge is tacit. We can organizations surveyed have no formal
knowledge transfer programs in place
help you find and protect today. Less than 25% of 118 mid-to-large
these invisible assets. size organizations surveyed said they
know how to identify their critical
knowledge deficiencies.
Your People = Your Success