The title is only to be provocative.  Actually, a useful technology in HR has emerged alongside the challenges of an ageing US economy and massive layoffs.  That is the need to retain knowledge and expertise, essentially remaining in reach of productive ex-employees (without overhead).  

Many large companies have created their own private  intranets whereby current employees and alumni can interact. 

On these sites is information about the industry, consulting offers, networking, partnership possibilities and job prospects.  In return, these corporations seek to cultivate relationships with retired or laid off workers. 

Importantly it can also allow the company to reconnect with “rainmakers” who once owned or had access to clients and had expertise in a particular field.

Key companies embarking on this trend

IBM, KPMG, Lockheed and other large companies

Key software developers

• Conenza
• SelectMinds
• Sharepoint 360 (knowledge retention of laid off workers)
• Linkedin (less formal)

Sources: “Knowledge is Power” Chris Penttila, Entrepreneur Magazine, June 2009.  “You’re Fired—But stay in touch” Stephen Baker, BusinessWeek, May 2009.

Topics: Knowledge management software, talent management, layoffs and networking, human resource market research

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