Filling the Baby Boomer Vacuum

Millions of people are retiring from the workforce in the next two decades. Implementing a common business language can facilitate the transfer of knowledge and skills from seasoned employees to incoming generations.
Immediately following the Second World War the “Baby Boom” began in 1946 and continued through 1964. During those 19 years, in the USA alone, 76 million people were born. According to projections based on the U.S. Census, an average of 4.6 adults will turn 65 each minute in 2007. In 2025, an average of 8.0 adults will turn 65 each minute. The demographic shifts coming in the next two decades will be profound. How organizations choose to identify their highest priority talent and knowledge management concerns today, and focus on the greatest potential problems, will play a significant role in their long-term survival and growth. A critical component in facilitating this transition is the deployment and support of a common language for issue resolution across the business.
By embracing a shared platform for addressing open issues, bridging gaps between levels of subject matter expertise, organizations will be able to ride the wave of this workplace transformation.
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