Transfer Critical On-the-Job Knowledge to Eliminate Brain Drain

The risk of ‘brain drain’ is real — 40% of the workforce in industries like manufacturing are expected to retire in the next two years.

While Baby Boomer retirement looms large in the minds of many product managers and company leaders, other business factors have created a critical need for transferring institutional knowledge held by key employees:

  • Growth: scalable businesses depend on the ability to quickly onboard new employees
  • Sale: valuation is dependent on transferable knowledge and skills
  • Succession planning: future company performance is based on the leadership ability of Gen X and Gen Y

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“There’s no blame game with the Novatek team. They know how to overcome any barriers and get the information they need to stay on track.”

– Carla Rosati, Sales Training Manager, AngioDynamics

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A Low-Risk, Quick-Start Plan

It's easy to take the first step in institutionalizing your "secret sauce." Novatek Communications captures the institutional knowledge that resides in your key employees’ brains, develops the necessary documentation and training materials, and formally transfers this critical information in a meaningful way to others in the company.

Our Knowledge Transfer Quick-Start Plan is low-risk. In as little as 3 weeks, you can have an asset in hand.

The Quick-Start Plan includes:

  • Knowledge-capture interviews and observation with subject matter experts
  • Audio recordings and summary notes
  • Knowledge Transfer plan with proposed documentation, training, and timeline

     $8,000 (price based on 20 hours of interviews and observation)

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