Before the workshop, read the case study and answer the questions that follow.
Case Study
Mary is the Lead Program Manager at International Training and Development (ITandD). Her company is a multi-national, global business. Mary has been with the company for 40 years and has been heavily involved in securing some of the company’s biggest sales. She has close relationships with many clients and knows what the clients are looking for. Although the company has policies and procedures in place, after 40 years of working with ITandD, Mary has developed her own approach and customers really seem to respond to her methods.
Mary will be retiring at the end of this year. While the company has known of Mary’s impending retirement, they have been sidetracked by the day-to-day activities of the business. It is now four months until Mary’s retirement and senior management is beginning to worry about the potential loss the company will face with Mary’s absence. Her knowledge is highly valuable to the organization and if nothing is done to try to transfer this knowledge, it will literally walk out the door.
Why is Mary’s knowledge important to the company? Can’t they just get someone to replace her?
What may result if Mary’s knowledge is not properly transferred back into the company?
How might the company try to capture Mary’s knowledge before she leaves? What strategies might they employ?
Do you think Mary’s knowledge will be easy to capture? Why or why not?
Has a situation like this ever happened in your workplace? Describe the effects that were felt from the person leaving and what was done (if anything) to capture the person’s knowledge.
- Why is it important to manage an organization’s knowledge?
- To increase productivity
- To decrease costs
- To increase efficiency
- All of the above
- It’s not important
- True or False: Knowledge is an organization’s biggest asset.
- True or False: There is really only one form of knowledge in an organization.
- True or False: All organizations should have the same knowledge management program.
- Why do organizations divest knowledge?
- To refocus resources
- New policies and procedures are developed
- Knowledge becomes outdated
- All of the above
- None of the above
- True or False: Technology is the driving force behind all knowledge management programs.
- True or False: It is important to develop a way to measure your knowledge management program.
- True or False: Knowledge management helps to reduce costs and grow sales.
- True or False: Knowledge management is a relatively new concept in the business world.
- Organizations are supposed to do what with their knowledge?
- Store it
- Create it
- Share it
- All of the above