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Global Wrinkling

Posted On: April 7, 2010
Global_wrinkling

In the United States the population older than 65 will grow from 12.5% in 2000 to 16.6% in 2020 (the corresponding numbers for Germany are 16.4% and 21.6%, and for Japan 17.1% and 26.2%). This trend will prove expensive: Across the developed world, the health care costs for a person over 65 are roughly three times the costs for someone between the ages of 30 and 50.  Harvard Business Review, Defusing the Demographic Time Bomb, 3.2010

Panoramix View:  What is your company’s strategy for gracefully aging your workforce? The first step is an age inventory of global employees. Second, identify the connective emotional motivations and aspirations of workforce age segments across geo regions—what are the cultural expectations around purposeful work, retirement, health, new skill development, etc.? Third, use the connective emotional motivations and aspirations as the foundation for creating a foresight strategy for staying competitive globally by nurturing the most productive culturally attuned work environment for all ages.

 

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