Regardless of where you live or what industry you work in, there are generational demographic shifts influencing today’s workplace and marketplace. From the wave of Boomers preparing to exit the workforce to the slew of Millennials impatiently climbing the ladder, businesses are beginning to feel the pressure of sizable changes. The longer leadership and management teams wait to examine the effects this will have on their bottom line, the tougher it will be to adapt to the changing needs of their employees and implement solutions.
The Numbers Don’t Lie
We are facing a nation that is growing older, more diverse, more digitally linked and more tolerant. Below is a snapshot of demographic shifts by numbers:
- 10,000 American Baby Boomers will turn 65 every day for the next 19 years
- The number of people in the world over 65 is set to double within just 25 years
- By 2020, half of the…
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