At Compendian® we recognize that the intellectual capital and tribal knowledge within an organization is a corporate asset that needs to be captured, leveraged and protected.
Businesses often underestimate the ramifications of not taking action to ensure this until it is too late. These often include: a negative impact on productivity and delivery schedules due to misalignment of processes and procedures, loss of production and downtime, negative impact on employee efficiency and productivity leading to loss of customers, loss of revenue, high cost to replicate lost knowledge, negative impact on new product development, longer ramp-up time for new hires
At Compendian® we are committed to ensuring organizations are protected against the effects of loss of tribal knowledge and corporate IP, should for example a key employee leave the business. We have created an automated way in which to capture, retain and make actionable the tacit, tribal and corporate knowledge within the organization: