Key Note Speech – Silver Tsunami

Published On: October 2, 2022
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Keynote Speech at KCF Technologies’ Smart Diagnostics Summit 2019

Quick talk on the Silver Tsunami

Video Transcript:

Another thing is a big issue in industrial areas right now is the Silver Tsunami. Anybody heard of the Silver Tsunami?

That’s the retirements of all the guys with gray hair, like me who are leaving with all this tribal knowledge and that Silver Tsunami is washing away hundreds of years of experience and knowledge. One of my clients in Pasadena, Texas has lost its 232 years of experience when five guys left. Three of them retired, two of them unfortunately passed away. Regardless, that experience is now gone and there’s a hole in their plant.

So, one of the things you want to look at is how do we mitigate this type of stuff because it’s coming.

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about author

Dave Krings

In 2008, Dave authored the first remotely coached Maintenance Process Optimization Program to help maintenance professionals battle the invisible system behind the scenes that, if left unchecked, undermines production and reliability.