Experts estimate that when employees leave with key knowledge in their heads, it costs an organization 25-35 times their annual salaries (in hiring and re-training costs, work disruption and lost productivity) to replace the knowledge they take with them.
Successful Knowledge Management (KM) means that working knowledge at all levels stays within the organization. There is minimal disruption when key people leave whether for vacation, sick leave, retirement or through force reductions and downsizing.
Many organizations never achieve KM ROI because they don't have a systematic way to capture experts' working knowledge and transform it into something others can use. Emails, static documents, WIKIs are too random, inefficient. In person communication doesn't scale.
Zavanta is the most effective, complete solution for knowledge transfer.
Zavanta for Knowledge Management has helped our customers:
- Easily capture the know-how of their star performers
- Knock down knowledge silos within their organization
- Bridge the gap between "official" policies and what employees actually do everyday
- Reduce "turf" wars that block progress and drain energy
- Protect institutional knowledge