Forrester: The Baby Boomer Retirement Crisis Is A Looming Corporate Threat
One of my colleagues recently met with a company of which over 50% of the employees will retire within the next 5-8 years. Image the knowledge and expertise leaving the company. Microsoft also addresses these type of developments in the ‘New World of Work’ vision. ‘The New World of Work and the evolution of the workforce’.
… The coming surge in the retirement of workers born into the Baby Boomer generation represents a significant risk to private-sector and public-sector organizations that cannot be ignored. The problem affects many occupations, but it varies widely by geography, occupation, and gender. CIOs should ensure that their peers on the executive management team take action to mitigate the threat and retain the intellectual property stored in the heads of all staff, before it retires along with its owners. …
The Baby Boomer Retirement Crisis Is A Looming Corporate Threat