Shift Happens! 3 Techniques for Companies to Preserve the Knowledge of Retiring Employees

“We have about 30% of our workforce retiring in the next five years!” my client said with panic in her voice.

Her panic is well-grounded. In fact, it’s a cry that reflects a disturbing statistic: 10,000 people are retiring every day, and will continue to do so until 2019.

It’s one of the biggest challenges for companies today. They are experienced — but soon to retire — employees are retiring. And they’re taking their knowledge with them. How will they capture that knowledge so that it can be shared with new and incoming employees?

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