Key Steps to Ensure You have an Effective and Efficient Knowledge Management Strategy in Place
Legal Suite and Today's General Counsel, a multi-platform source of content curated daily, offering webinars, a monthly magazine and newsletters for the legal department, c-suites, risk and compliance managers in corporations, have partnered up in a recent webinar about Retention of Knowledge and Employee Satisfaction. From this event, we created an exclusive Executive Summary that analyses how these two elements are Essential to Future Profitability.
The great resignation is still a fact and is expensive: the cost of an employee leaving ranges from 30% to 150% of an employee's salary. The monetary impact is worsened by the toll the churn takes on the workers who stay - the burden of doing more with less, and/or training and onboarding new people. All of this takes away from the goals and mission of the lawyers and paralegals who make up a legal department: practicing law and mitigating risk for the business.
We have produced an Executive Summary of the actionable steps you can take to create or improve your company’s Knowledge Management Process by understanding how to:
- Identify Sources of Knowledge
- Collect and Capture Key Types of Knowledge
- Efficiently Process the Information
- Effectively Organize, Store and Share Knowledge