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All CIA staff this week had been reported to have acquired letters inviting them to resign instantly, and take a monetary buyout. This struck me as a very missguided transfer that failed to acknowledge the worth of years of expertise, gathered experience, lengthy standing relationships, knowledge and data that helps present safety to ourselves and our allies.
Modernizing and “right-sizing” is periodically required for almost all organizations, and these refreshes typically assist organizations higher align with future plans, however that’s not justification for dropping institutional data. The lack of such data might be catastrophic, undermining future efforts and inflicting years of delays and missteps.
Let’s outline institutional data as issues like experience realized on the job, expertise, course of data, and insights gathered over time. It encompasses each specific, and tacit data, which resides within the minds of staff.
It ought to be apparent that capturing and utilizing institutional data to boost effectivity, innovation, and competitiveness sooner or later is necessary and fascinating. Guaranteeing that institutional data is retained and accessible could make the distinction between success and failure. Purposely creating conditions the place essential institutional data is misplaced is inexcusable.
*I take advantage of AI in all my work.
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Kevin Benedict
Futurist at TCS
***Full Disclosure: These are my private opinions. No firm is foolish sufficient to say them. I work with and have labored with lots of the corporations talked about in my articles.