Leadership in Action: Storm Warning - Managing Knowledge in Turbulent Times

Storm Warning Managing Knowledge in Turbulent Times

by Richard B. Wallace

The upcoming retirement of the baby boomers poses a threat for companies: critical organizational information may be lost, setting off a destructive dynamic. What is needed is effective knowledge management. It is imperative that leaders educate themselves to promote and implement efforts to manage knowledge well by creating a holistic approach to sharing, capturing, storing, and reusing knowledge.

I have a colleague who grew up in Oklahoma. He once told me how he had learned to watch approaching thunderstorms for a wall cloud—a lowering from the base of a storm. When the ...