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From the NY Times...

I snagged this article from HBR Breakthrough Ideas for 2006. 

U.S. companies failing to transfer critical knowledge , from Management Issues. "Many U.S. organisations are failing to capture critical knowledge and experience from older employees approaching retirement and few seem able to transfer valuable knowledge to newer employees, according to research from consultants Accenture."

Accenture interviewed more than 500 full-time U.S. workers between 40 and 50 years of age.

How can so many US Businesses be so short sighted? I gotta toss this in... Ideascape is a platform for enterprise blogging, bookmarking, and idea discovery with workflow, conversation, & decision-making management. Employees blog about their daily work activites (tacit knowledge), which is captured, disseminated, and archived. It creates a gigantic learning and development environment. A digital meeting place for employees to find, discover, and share ideas while learning and having fun, which improves the performance of the orgainzation.

"Blogging constitutes a new form of decision-making. Expertise location, i.e., knowledgebase management is antiquated. If you have a problem, you don’t want a database; you want a person or conversation that can help – hence the growth of the blogging medium. Herein, of course, lies the implications for business. People are using blogs to discuss and debate everything from politics to Chapstick." Goodblog, from What I Learned at the Blogging Conference.