The above are only a few reasons causing kwowledge that may be critical and is built-up during years of decades in your company, can get lost.
In such a situation, there is the effect if knowledge of co-workers is not shared, and cannot be used by other colleagues. This knowledge can also not be used any more to develop other knowledge.
A lot of companies have know specific knowledge and skills, making them successful - successful towards customers and versus competitors.
No company wants to loose that knowledge, and everybody wants this knowledge to be used to innovate further.
Is your current strategy - do you have a strategy?
We can create this for you:
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