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Defence contractors are characterised by highly technical operations and products.
Performance and competency, quality systems and Investors in People (IiP) schemes have been a common requirement amongst Touchstone Renard clients in the quest to make these contractors more competitive in a shrinking UK defence and research market.
As these UK markets contract, the sectors are dogged by the constant drain on talent to other countries where commercial success and Government sponsorship have proved more attractive.
The problem of knowledge loss in defence, and research continues to make such organisations more vulnerable, less competitive and less able to retain their technical edge.
Effective knowledge management and sharing, is one such answer to leveraging existing expertise. Capturing tacit knowledge is capturing the intellectual assets of these organisations.
Planning for better management and development of people resources, focusing on knowledge retention and sharing initiatives, is essential in maintaining commercial advantage and protecting the intellectual property of the business.