How to Hold on to Critical Knowledge When Employees Leave
Too Long; Didn't Read
On average, workers change jobs once every four years. Losing workers is bad enough, but losing knowledge can lead to even greater problems over time. Businesses that plan for the inevitable make smooth transitions, while others scramble after every change. Don't imagine your team members are too loyal to leave or too happy in their current positions to demand advancement. Form mentorship arrangements to train and cross-train workers. Groomed successors can step in to help with short-term needs, and if someone leaves unexpectedly, a trained successor makes an ideal candidate.
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