9. Retiring Executives: The Importance of Knowledge Sharing & Retaining Experience (& How to Start)
Today, I’d like to talk about the importance of Knowledge Sharing as an Executive prepares for retirement – as well as why that same executive should be retained on a consulting basis after their full-time departure and why all of this needs the attention of a company’s Board of Directors.
In this episode, you will learn:
The increasing importance of managerial soft skills knowledge
Why millennials didn’t receive the same management development process that Boomers – and why we should mentor them, not blame them
The importance of knowledge-sharing programs, for both new leadership and the company as a whole
Why you should consider creating a new type of employee in your organization, such as an Elder Statesmen, Executive in Residence, or Interim Executive
How companies can give senior executives the bridge they need to adjust to their new life away from their corporate identity, while also leveraging the valuable knowledge they have