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Capturing Institutional Memory and Knowledge

98 Submissions
$10,000 USD
Challenge closed

Challenge overview

The Seeker desires suggestions and best practices for knowledge management in a corporate setting.  As employees age and retire, valuable knowledge is often lost.  In addition, with the realities of today’s workplace, employee turnover needs to be expected.  How can a company proactively capture institutional memory and knowledge, and make sure that it is not lost?

As employees retire or leave an organization, it is important to devise effective mechanisms to make sure that knowledge is not lost.  The Seeker is looking for best practices and strategies for capturing, storing and annotating different types of institutional knowledge.  The approaches for knowledge management should capture program, operational, and maintenance information for a global equipment manufacturer.

This is an Ideation Challenge, which has the following unique features:

  • There is a guaranteed award.  The awards will be paid to the best submission(s) as solely determined by the Seeker. The total payout will be $10,000, with at least one award being no smaller than $5,000 and no award being smaller than $2,000.
  • The Solvers are not required to transfer exclusive intellectual property rights to the Seeker.  Rather, by submitting a proposal, the Solvers grants to the Seeker a royalty-free, perpetual, and non-exclusive license to use any information included in this proposal.

After the Challenge deadline, the Seeker will complete the review process and make a decision with regards to the Winning Solution(s). All Solvers that submitted a proposal will be notified on the status of their submissions; however, no detailed evaluation of individual submissions will be provided.

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