Senior employees and knowledge transfer in energy companies

The aim of the article is to present an investigation into how Icelandic energy companies bring about the transfer of knowledge from older employees to young recruits before the former retire from work. The subject has not been studied in Iceland so the aim of this research is to improve the academi...

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Published in:Tímarit um viðskipti og efnahagsmál
Main Authors: Stefánsdóttir, Elín Greta, Eðvarðsson, Ingi Rúnar
Format: Article in Journal/Newspaper
Language:Icelandic
Published: Institute of Business Research 2016
Subjects:
Online Access:http://www.efnahagsmal.is/article/view/a.2016.13.2.4
https://doi.org/10.24122/tve.a.2016.13.2.4
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spelling fticelandunivojs:oai:ojs.hi.is:article/2501 2023-05-15T16:52:33+02:00 Senior employees and knowledge transfer in energy companies Eldri starfmenn og yfirfærsla þekkingar í orkufyrirtækjum Stefánsdóttir, Elín Greta Eðvarðsson, Ingi Rúnar 2016-12-15 application/pdf http://www.efnahagsmal.is/article/view/a.2016.13.2.4 https://doi.org/10.24122/tve.a.2016.13.2.4 isl ice Institute of Business Research http://www.efnahagsmal.is/article/view/a.2016.13.2.4/pdf http://www.efnahagsmal.is/article/view/a.2016.13.2.4 doi:10.24122/tve.a.2016.13.2.4 ##submission.copyrightStatement## Research in applied business and economics; Árg. 13, Nr 2 (2016); 71-96 Tímarit um viðskipti og efnahagsmál; Árg. 13, Nr 2 (2016); 71-96 1670-4851 1670-4444 Senior employees knowledge transfer energy companies retirement interviews D8;M5 Eldri starfsmenn yfirfærsla þekkingar orkufyrirtæki starfslok viðtöl info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 2016 fticelandunivojs https://doi.org/10.24122/tve.a.2016.13.2.4 2022-09-21T13:40:41Z The aim of the article is to present an investigation into how Icelandic energy companies bring about the transfer of knowledge from older employees to young recruits before the former retire from work. The subject has not been studied in Iceland so the aim of this research is to improve the academic discussion on the matter, increase the companies’ awareness of the importance of knowledge transfer and for managers to be able to use the findings to work more effective on the issue. The research is based on semi-structured interviews with 18 engineers, technical specialists and members of managerial staff. The main conclusions are that Icelandic energy companies have not formulated a targeted strategy on the transfer and preservation of knowledge, although some of them have launched preparations in this regard. The respondents agreed that the best method of knowledge transfer comprises cooperative projects involving both younger and older workers. A prerequisite for success here is the willingness of individuals to mediate knowledge, trust between participants and a positive contact and connection between older and younger workers involved in close cooperation. Managers must also actively encourage the mediation of knowledge. The main barriers to the mediation of knowledge were lack of time, workload and inadequate work planning. There was a limited difference between older and younger employees regarding matters that relate to the transfer of knowledge. Markmið greinarinnar er að kynna rannsókn á því hvernig íslensk orkufyrirtæki standa að yfirfærslu þekkingar eldri starfsmanna til þeirra yngri áður en þeir fyrrnefndu hætta störfum. Efnið hefur lítið verið rannsakað hér á landi og er rannsókninni ætlað að bæta við fræðilega umfjöllun á sviðinu, auka vitund fyrirtækja um mikilvægi yfirfærslu þekkingar og til að stjórnendur geti nýtt niðurstöðurnar í starfi sínu. Rannsóknin byggðist á hálfstöðluðum viðtölum við 18 verk- og tæknifræðinga og stjórnendur. Helstu niðurstöður eru að íslensk orkufyrirtæki hafa ekki ... Article in Journal/Newspaper Iceland University of Iceland: Peer Reviewed Journals Tímarit um viðskipti og efnahagsmál 13 2 71
institution Open Polar
collection University of Iceland: Peer Reviewed Journals
op_collection_id fticelandunivojs
language Icelandic
topic Senior employees
knowledge transfer
energy companies
retirement
interviews
D8;M5
Eldri starfsmenn
yfirfærsla þekkingar
orkufyrirtæki
starfslok
viðtöl
spellingShingle Senior employees
knowledge transfer
energy companies
retirement
interviews
D8;M5
Eldri starfsmenn
yfirfærsla þekkingar
orkufyrirtæki
starfslok
viðtöl
Stefánsdóttir, Elín Greta
Eðvarðsson, Ingi Rúnar
Senior employees and knowledge transfer in energy companies
topic_facet Senior employees
knowledge transfer
energy companies
retirement
interviews
D8;M5
Eldri starfsmenn
yfirfærsla þekkingar
orkufyrirtæki
starfslok
viðtöl
description The aim of the article is to present an investigation into how Icelandic energy companies bring about the transfer of knowledge from older employees to young recruits before the former retire from work. The subject has not been studied in Iceland so the aim of this research is to improve the academic discussion on the matter, increase the companies’ awareness of the importance of knowledge transfer and for managers to be able to use the findings to work more effective on the issue. The research is based on semi-structured interviews with 18 engineers, technical specialists and members of managerial staff. The main conclusions are that Icelandic energy companies have not formulated a targeted strategy on the transfer and preservation of knowledge, although some of them have launched preparations in this regard. The respondents agreed that the best method of knowledge transfer comprises cooperative projects involving both younger and older workers. A prerequisite for success here is the willingness of individuals to mediate knowledge, trust between participants and a positive contact and connection between older and younger workers involved in close cooperation. Managers must also actively encourage the mediation of knowledge. The main barriers to the mediation of knowledge were lack of time, workload and inadequate work planning. There was a limited difference between older and younger employees regarding matters that relate to the transfer of knowledge. Markmið greinarinnar er að kynna rannsókn á því hvernig íslensk orkufyrirtæki standa að yfirfærslu þekkingar eldri starfsmanna til þeirra yngri áður en þeir fyrrnefndu hætta störfum. Efnið hefur lítið verið rannsakað hér á landi og er rannsókninni ætlað að bæta við fræðilega umfjöllun á sviðinu, auka vitund fyrirtækja um mikilvægi yfirfærslu þekkingar og til að stjórnendur geti nýtt niðurstöðurnar í starfi sínu. Rannsóknin byggðist á hálfstöðluðum viðtölum við 18 verk- og tæknifræðinga og stjórnendur. Helstu niðurstöður eru að íslensk orkufyrirtæki hafa ekki ...
format Article in Journal/Newspaper
author Stefánsdóttir, Elín Greta
Eðvarðsson, Ingi Rúnar
author_facet Stefánsdóttir, Elín Greta
Eðvarðsson, Ingi Rúnar
author_sort Stefánsdóttir, Elín Greta
title Senior employees and knowledge transfer in energy companies
title_short Senior employees and knowledge transfer in energy companies
title_full Senior employees and knowledge transfer in energy companies
title_fullStr Senior employees and knowledge transfer in energy companies
title_full_unstemmed Senior employees and knowledge transfer in energy companies
title_sort senior employees and knowledge transfer in energy companies
publisher Institute of Business Research
publishDate 2016
url http://www.efnahagsmal.is/article/view/a.2016.13.2.4
https://doi.org/10.24122/tve.a.2016.13.2.4
genre Iceland
genre_facet Iceland
op_source Research in applied business and economics; Árg. 13, Nr 2 (2016); 71-96
Tímarit um viðskipti og efnahagsmál; Árg. 13, Nr 2 (2016); 71-96
1670-4851
1670-4444
op_relation http://www.efnahagsmal.is/article/view/a.2016.13.2.4/pdf
http://www.efnahagsmal.is/article/view/a.2016.13.2.4
doi:10.24122/tve.a.2016.13.2.4
op_rights ##submission.copyrightStatement##
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container_title Tímarit um viðskipti og efnahagsmál
container_volume 13
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