College of Business Dean Lynne Richardson’s weekly column in The Free Lance-Star discusses how organizations can better prepare themselves for the retirement of older workers. Read TRANSITIONING KNOWLEDGE IN THE WORKPLACE.
The baby boomers are retiring. Many of them likely hold significant roles in their organizations. What will happen when they walk out your organization’s door? Have those employees, with so much knowledge and corporate history, shared what they know with those who will succeed them? And if they haven’t, what does that mean for the organization’s future, both immediate and longer term?