• Meenakshi Ahlawat
• Kirti Gautam

The term “Corporate Alumni” has gained popularity in corporate circle. Because - The best people are always in demand. Corporate alumni- the term used for the former employees of the organisation. Companies use other terms like “boomerang employees,” or “comeback colleagues.” Even after separation, organisations make efforts to maintain relationships with their former employees. Reason? Because Alumni are among a company’s most effective means of external communication, a treasure trove of brand ambassadors, potential clients, future business partners and most importantly the source of knowledge and expertise and hence actively nurturing these relationships contributes immensely to a business’s success. Corporate whether large, small or medium have understood the importance of maintaining a continuous and strong relationship with their alumni by forming corporate alumni network. The paper here attempts to highlight the importance of corporate alumni in an organisation. It talks about the corporate alumni network and strategies used by some corporate houses to engage with their former employees. The paper attempts to help the managers to understand the importance of corporate alumni and role of corporate alumni network in building and nurturing this relationship.

Corporate Alumni, Explicit Knowledge, knowledge transfer, Corporate alumni network

"CORPORATE ALUMNI AND ITS IMPORTANCE TO AN ORGANISATION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 3, page no.582-587, March-2019, Available :http://www.jetir.org/papers/JETIR1903490.pdf

"CORPORATE ALUMNI AND ITS IMPORTANCE TO AN ORGANISATION ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 3, page no. pp582-587, March-2019, Available at : http://www.jetir.org/papers/JETIR1903490.pdf