Management Tip of the Day : Urge Your Long-Time Employees to Share Their Expertise
Madhav Madhusudan Singh
Management Tip of the Day
Urge Your Long-Time Employees to Share Their Expertise
Companies can’t afford to lose the deep expertise that long-time employees spend decades cultivating. But that knowledge often does get lost when workers retire. So before that happens, you need to set systems in place to help share their expertise . For example, in some organizations, employees can’t be promoted until they have mentored a successor. In others, compensation is based on how well the team performs, so experienced employees have to help and transfer their expertise to other team members. These strategies embed knowledge-sharing and interaction in the culture. But a bigger problem occurs when people are unhappy with the company they’re exiting, leaving them little motivation to share what they know. Managers need to acknowledge good work to prevent this dissatisfaction. Small acts, like providing regular positive feedback, celebrating small wins, and removing obstacles to progress, pay huge dividends in productivity and creativity
Lt Col (Dr. ) Madhav Madhusudan Singh
MBBS (AFMC), MHA ( AIIMS ), MHA ( ICFAI ) MBA ( Hospital & Health care),PG Dip in Medical Informatics (Pune), Green Belt Six Sigma ( Hospital & Health care, SYMBIOSIS), PG Diploma in Hospital Administration ( Annamalai) , PG Dip in Telemedicine ( Bioinformaticus) , PG Dip in Medical Law ( National law sch of India Univ, B'lore)
Secretary & Executive Body Member , Managing Editor ( IJRFHHA)
Research Foundation of Hospital and Healthcare Administration (A initiative of AIIMS Hosp Adm Dept)
Ph :91- 9013455168
Web: www.rfhha.org
YOU WILL WIN ONLY IF YOU WILL TRY !!!
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