You never know what you’ve got until it’s gone…especially when it’s an employee who holds all the niche knowledge needed to work the outdated technology that keeps your organization afloat. The software industry has a big generational turnover problem on its hands, according to Billy Hollis, partner at Nashville, Tennessee-based consulting firm Next Version Systems. During a Nov. 19 panel at Live! 360 Tech Con in Orlando, Hollis said many executives don’t realize the importance of employees with institutional knowledge. “You can hire and acquire other people in but, man, they’re going to make mistakes,” Hollis said. “There’s stuff that they don’t know, and if you have enough of that, you will make enough customers mad that it seriously risks your business.” Un-risk your business.—BM |