Stemming the Loss of Knowledge Capital: A Business Fix for Manufacturers Christina Park and Wayne Thompson - November 5, 2007
Manufacturers are in danger of losing significant knowledge capital. Natural employee attrition, such as departures or layoffs, inevitable retirement, and the brain drain are contributing to an exodus of knowledge. Manufacturers should introduce efficient and effective knowledge management strategies across the enterprise before it’s too late. By creating a repository of knowledge capital, manufacturers can increase productivity by leveraging past discoveries, maintaining competitive advantage, and improving customer service...