Business Management Skills

Unless managers are proactive in the next few years, there will be the largest shortage of skilled employees in history. Management need to be looking ahead now and developing employee skills for the future.

Preparing Your Workforce Today to Meet Tomorrow’s Challenges

Employees will be retiring in record rates in the next 10 years. The baby boomer generation compromises approximately 75 million people or 45% of the workforce. Many are in management positions and are preparing to retire. The generation right behind the boomers are a much smaller group of about 45 million people Since many of the employees preparing to retire are in senior management positions, we are likely to see a dearth of employees ready to fill these positions. Added to this, a new generation has recently entered the workforce, with its own unique characteristics.

By looking at the needs of the different generations in the workplace, we can develop strategies to better prepare our workforce. The following are tips that can aid in this process:

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