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Knowledge Connection and Purpose with Moria Levy
Because You Need to Know®
Indications of Knowledge Loss in Organizations
Lack of knowledge retention can manifest in degraded business performance, increased time to solve problems and develop new products, and apparent expertise loss when an expert leaves the organization. The impact of knowledge loss is immediate and affects project execution. It is crucial for organizations to document critical knowledge regardless of job titles and to value previous knowledge to avoid duplication of efforts and wastage of resources. The failure to utilize internal knowledge for trend analysis and understanding represents a significant loss and reflects a lack of commitment to leveraging existing knowledge.
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