IN THE NEWS - Talent Risk Problem? Disney Stock Down 2% Over Succession Plan Collapse

Posted by Steve Trautman on Apr 6, 2016 2:06:36 PM

The Forbes.com headline reads, “With Staggs Out, Disney Investors Left Wondering Why Bob Iger's Succession Plan Fell Apart.”  When one person can move a stock price for a company like Disney by 2% over night I call that Talent Risk.  We have many clients who are struggling with this problem - key executives playing critical roles appear irreplaceable. 

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Topics: Knowledge Silo Matrix (KSM), Knowledge Transfer Definition, Terms & Roles, In the News, Best Practices, Common KT Misconceptions, knowledge transfer blog

Managing Talent Risks When Executives Transition – Using Knowledge Transfer for the “Softer Skills”

Posted by Steve Trautman on Nov 17, 2015 11:13:00 AM

In a previous blog, we talked about how we can use knowledge transfer to mitigate talent risk by creating an ecosystem of experts who can provide backup for a departing executive. I mentioned that one of our clients was preparing to replace a retiring executive. They had identified his

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Topics: Peer Mentoring, Knowledge Transfer Definition, Terms & Roles, Knowledge Transfer Planning, Change Management, Consistency in a Workforce, Common KT Misconceptions, 20 Test Questions

FREE EBOOK #2 RELEASED – Knowledge Transfer 101: An Introduction by Steve Trautman

Posted by Sonjag on Jun 26, 2015 9:06:44 AM

As part of our continuing eBook series launched earlier this year, today we’re releasing our second complimentary, short eBook from our own Steve Trautman: KNOWLEDGE TRANSFER 101: An Introduction.

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Topics: Knowledge Transfer Definition, Terms & Roles

Make Your Boss More Useful To You

Posted by Steve Trautman on Mar 3, 2015 5:49:39 AM

Nearly all of us have worked for a well-meaning, relatively capable leader who does his or her best each day but still falls short. It is not their fault, really. They are the manager, but that doesn’t mean they can be experts in the details of every job function in their chain of command. The orchestra conductor may also know how to play the violin, but may not have as much clarity on the mechanics of playing the wind instruments. It is an age-old problem.

One solution is

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Topics: Knowledge Transfer Definition, Terms & Roles, Best Practices, Skill Development Plan (SDP), 20 Test Questions

The Myth of the Knowledge-Hoarding Expert Unwilling to Mentor Peers

Posted by Steve Trautman on Jul 21, 2014 8:41:25 AM

DEFINITION: A mentor is an expert (“subject matter expert,” “SME,” “domain expert,” “pro,” “guru,” “go-to person,” “rock star,” “buddy,” “genius,” etc.)—in any industry or line of work—who has unique, business-critical knowledge and needs or is asked to teach that knowledge to others. The knowledge can be explicit or tacit. And, a mentor can be any age and have 50 years seniority in an organization or one day. The essential factor is that the mentor knows something that others in an organization need to know in order to be successful.

There’s a common misconception in business that many subject matter experts are unwilling or unable to transfer their knowledge to coworkers.

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Topics: Peer Mentoring, Knowledge Transfer Definition, Terms & Roles, Change Management, Best Practices, Common KT Misconceptions

Help Your On-the-Job Apprentices - What Mentors Can Do to Speed Knowledge Transfer

Posted by Steve Trautman on May 8, 2014 7:47:55 AM

All of us in business learn our jobs by being on the job. No matter how much classroom education we may have had, we learn how to do our jobs by watching, listening to, and being mentored by the more experienced people around us. In fact, studies have shown that, regardless of occupation, most adults learn their job roles through 10% classroom training, 70% on-the-job training and mentoring, and 20% other sources (called the 70-20-10 Rule). If you are the experienced employee who is setting the on-the-job standard for the right way to do things in a job role (a mentor), knowledge transfer best practices can help you to help your apprentices speed their learning.

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Topics: Peer Mentoring, Workforce Risk Management, Knowledge Transfer Definition, Terms & Roles, Best Practices, Onboarding

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Steve Trautman is corporate America’s leading knowledge transfer expert. With two decades of application inside blue chips and Fortune 1000s, his pioneering work in the field of knowledge transfer and related risk management tools are now the nationally-recognized gold standard. He is known for a high energy style that combines humor, street smarts, and board room wisdom.

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