What is Happening to Your Institutional Knowledge?

Regarding facilities management, institutional knowledge is the foundation of operational efficiency and effectiveness. The accumulated wisdom, insights, and experience of long-time managers often form the backbone of smooth operations. However, when these seasoned professionals retire and there's no software system to capture and organize their knowledge, facilities management teams can find themselves without critical information and expertise.

The departure of long-time facility managers can trigger a domino effect of challenges. Firstly, there's the immediate loss of familiarity with the facility's unique intricacies. During their tenure, these managers have likely encountered and resolved various issues over the years, from maintenance quirks to emergency protocols. New managers and technicians may struggle to navigate similar challenges efficiently without their guidance, leading to delays, mistakes, and increased operational costs.

With a robust facilities management software system to capture and organize institutional knowledge, crucial information risks getting scattered across emails, handwritten notes, or even the memories of remaining team members. This fragmentation makes it difficult to access important information and increases the likelihood of valuable insights being overlooked or forgotten over time.

The good news is that a facility can leverage technology to capture and organize institutional knowledge at any point. However, the sooner a facilities management software system is selected and onboarded, the more information from seasoned managers can be recorded and saved. 

Implementing a comprehensive facilities management software system can serve as a repository for institutional knowledge, capturing insights, protocols, and best practices in a centralized and easily accessible manner. This software can facilitate knowledge transfer between departing and incoming managers, ensuring continuity in operations even during personnel changes.

The loss of institutional knowledge in facilities management can have far-reaching consequences, affecting everything from operational efficiency to cost management. By investing in a facilities management software solution that captures and organizes this invaluable expertise, facilities can mitigate the risks associated with personnel turnover and ensure sustainable long-term success.