Sunday, November 19, 2006

It's Time to Retire Retirement


"Long-standing human resources practices invest heavily in youth and push out older workers. This must change--and public policy, too--or companies will find themselves running off a demographic cliff as baby boomers age" (It's Time to Retire Retirement, Harvard Business Review).

This HBR article highlights the need for all types of companies to create a plan to battle the coming talent shortage. 60% of companies do not account for workforce aging in their business plans! Working with 'older' workers is a main tactic to beating this threat to competitiveness. Creating a culture that honors experience, offering flexible work and introducing flexible retirement will be critical to companies that want to remain competitive in their field.

It's Time to Retire Retirement. [Harvard Business Review - Ken Dychtwald, Tamara Erickson, Bob Morision]



Workforce Vision * Post: Bill Inman * Human Capital * Contingent Workforce * Globalism * Trends * Outsourcing

No comments: