Knowledge management in Med tech innovations

Med tech innovations is a multinational company specializing in medical devices, digital health solutions, and biotech research. With operations across North America, Europe and Asia $,$the company has seen rapid growth leading to knowledge silos, ineffective collaboration and a lack of standard standardized knowledge$-$ sharing practices.

Recently, MedTech innovation acquired a smaller biotech firm known for its advanced research on AI driven diagnostics, however integrating the acquired companies$$ knowledge expertise and research data into Medtech s existing system has been a major challenge.

Key researchers and scientists have left, taking tacit knowledge with them and documented knowledge is scattered across different platforms.

Additional regulatory compliance in the healthcare industry requires proper documentation version control and data security which the company struggling to maintain MedTech$$s leadership is now focusing on creating centralised knowledge management strategy that can:

Preserve critical knowledge from departing expect

Enhanced collaboration across different

Improve regularity compliance

Ensure continuous innovation in medical research. Identify the key risk associated with knowledge loss in MedTech Innovations. Recommend strategies to capture and retain knowledge before employees leave. Evaluate the role of mentorship, communities of practice, and exit interviews in retaining critical knowledge.