The People-Based approach is based on the idea that people can be connected with people. People who need knowledge can be connected with people who have knowledge.
Pro:
Extremely efficient process for knowledge transfer and allows user to ask questions to gain a deeper understanding
Cons:
Unavailability – Velocity (relies on the person being available)
Point of View Bias (knowledge is biased to that one person who shares that information)
Lack of Recall – Transient Decay (knowledge is forgotten)
Leakage as employees leave or retire, knowledge is lost
Social reticence (people don’t always want to share their expertise)