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The Perfect Storm Why Talent Management is a Board Room Issue? whitePaper image The Perfect Storm Why Talent Management is a Board Room Issue?
In less than five years, two emerging trends will force organizations to start paying acute attention to their critical talent. The first is the retirement of the Baby Boomers, with the first major group retiring in 2008. Their impact will be rapidly felt. Over 40% of managers will be eligible to retire in the next 5 years. In the public sector this problem is even more severe – more than a third of all governmental employees will likely retire in countries such as the USA, Canada, and Australia. Over the next 15 years, 80% of the workforce growth will occur among people 50 years or older. By 2050, over 40% of Europe’s total population will be people over 60.
Dr. Cindy Gordon
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