“Knowledge Transfer” is the process of sharing or disseminating information, skills, and expertise from one individual or group to another within an organization or between organizations. This process is crucial for maintaining continuity, enhancing productivity, and fostering innovation. Knowledge transfer can occur through various methods, such as training programs, documentation, mentorship, and collaborative projects.
For example, when a senior engineer retires, a company might implement a knowledge transfer plan involving detailed handover documents, mentoring sessions with the successor, and workshops to ensure the new engineer acquires all critical knowledge and skills. Effective knowledge transfer helps prevent disruptions in operations and supports the development of talent within the organization.
Related Terms:
Learning and Development (L&D)
