Baby Boomer Retirement - Problem or Opportunity?
I read regularly about the impending crisis when the baby boomer's retire, but I wonder whether it is a negative crisis or a positive chance for real change?
We talk about developing talent, we talk about collaboration, we talk about the use of technology, we talk about the wisdom of crowds....often though within many corporations this stops at just 'saying that words'. In many ways, people see it as turkey's voting for Christmas(UK!).
Well when change is slow, often it needs a crisis to make that change stick.
With the baby boomers due to retire, business leaders are faced with such a situation. The drain of experience, of talent will mean that both work and work practices will have to change. There will be no choice. When you can see that happening I would much rather design the future than wait to see what happens....
Businesses that change before the crisis will get an early lead in the search for talent. The great news for companies is that many social media tools exist to help this transition - wiki's as a way of holding on to knowledge and for collaboration.....podcasts as a modern communication and development medium...blogging as a way of communication without the layers.
Change now...it is not turkeys voting for Christmas, it is the sign of a turkey as a manager if you don't!





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