New STLE Special Report Shares Challenges on Transferring Industry Knowledge

PARK RIDGE, Ill. - Nov. 12, 2024 - PRLog -- The Society of Tribologists and Lubrication Engineers (STLE) — the premier technical society serving the needs of the tribology and lubrication engineering business sector — is pleased to announce the release of its new free digital special report, Knowledge Transfer Challenges in the Lubricants Industry.

This report considers lubricant industry demographics and concerns that experienced lubricant professionals are not being replaced in time to transfer their industry knowledge to a new generation. While upskilling, mentoring and on-the-job training are being used to transfer knowledge, concerns exist that, without better planning, companies will lose their competitive edge as developing expertise in a given role can take years. Companies need to be thinking about this issue now rather than leave the idea of succession planning behind until it is too late.

"Experts and companies in the industry need to plan ahead and transfer knowledge to a new generation," said STLE President Jack McKenna, Sea-Land Chemical Company. "This special report looks at the challenges, strategies, impacts and trends to guide toward a successful path."

This free digital special report is now available for download at www.stle.org/knowledgetransfer. For more information, visit www.stle.org.

STLE also recently created the STLE NextGen Fund, which invites members, industry partners and friends of tribology to help develop the next generation of tribologists and lubrication engineers. Your tax-deductible gift to the fund will support our many programs and initiatives. For more information, visit www.stle.org/donate.