About workface

• Overview
• People
• Advisory Team
• Strategic Partners
• Investor Relations
• Careers

Overview

Workface is a leading provider of Tacit Asset Management (TAM) solutions. Our leading-edge technology is the Workface portal located at workface.com.

Workface is solving one of the most significant problems facing the world over the next two decades -- the loss of tacit and experiential knowledge as more than 125 million individuals in North America, Europe, Japan and Australia become retirement eligible. Our unique focus is the untapped market for tacit intellectual capital retention. Our service offering meets the needs of millions of professionals and thousands of companies.

For knowledge workers, workface provides a way for you to stay engaged and active, all while monetizing what you know. For businesses looking to retain or acquire the experience, insights and wisdom of knowledge workers, this is a place to find amazing talent at a great price.

Workface is headquartered in Minneapolis, Minnesota.

More

Workface empowers professionals to experience their lives by reinventing the way they interface with work, colleagues and the community at large. It's about staying connected, sharing knowledge, earning money on your own terms, giving back, and remaining involved in those things that matter most to you.

The workface.com web portal acts as a bridge between small, medium and large companies and experienced professionals who have or want to leave their single employer environment in favor of operating freely. Workface is both an aggregator of professional contracting and mentoring opportunities and a contingent workforce outsourcing (CWO) system that facilitates these opportunities. Workface provides companies an entirely new way of utilizing the intellectual capital of thousands of professional workers at a fraction of the overall cost of standard fulltime employees.

Workface has assembled a talented base of successful leaders, entrepreneurs, advisors, and industry partners to guarantee a dynamic and robust site designed to redefine the rules of engagement and balance of power. Experienced professionals can remain active and involved with companies, colleagues, and the non-profit community while turning what you know into money.

About Tacit Assets

Explicit knowledge is embodied and encoded knowledge that is often captured in databases, procedures, and rules. Explicit knowledge is often easily disseminated. Tacit knowledge, on the other hand, is the intangible understanding that resides only in our minds. When people with years of experience leave the workplace, the single greatest resource they take with them is tacit knowledge. Tacit knowledge is a highly valuable asset that can only be manifested through action.
Unlike prior generations, the baby-boomer demographic has primarily functioned around knowledge-based economies. In fact, it is a case of not who you know, but what you know. Here are some basic particulars about tacit knowledge:

• Tacit knowledge is not easily articulated
• Tacit knowledge exists in people's minds
• Tacit knowledge must be externalized before it can be exploited
• We are not always fully aware of our tacit knowledge
• Tacit knowledge is conveyed through metaphors, storytelling, anecdotes
• The owner protects this knowledge as a competitive advantage
• It is shared when there is something in return (reward mechanism)

Workface was designed and developed to help individuals manage and convert their tacit knowledge assets into commercial opportunity. We are also helping companies to utilize tacit assets to solve problems and innovate, increase productivity, discover cost savings, and avoid catastrophic events. We are a marketplace for tacit knowledge.