The phenomenon of the increasingly larger older workforce is not just affecting the United States. The future demographic trend towards an increasingly aging workforce impacts the future of all global organizations. The percentage of American workers between the age of 55 and 64 is growing faster than any other age group while the number of younger workers is steadily declining. The reason the change in demographics is so critical for organizations is because it means that the future competitiveness of organizations rests increasingly more on the performance and productivity of aging workers. In order for organizations to remain competitive in the future, leaders must possess the ability to effectively lead older workers. The changing demographics can pose many problems for organizational leaders who are not in tune with the changing needs and concerns of an older workforce.
|Subjects||Gerontology; Management; Organizational behavior|
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