BLUF
Employers that don’t think beyond today’s working-age population will likely struggle to maintain a workforce that can produce operational efficiency and be effective.Summary
This article by Debra Sabatini Hennelly and Bradley Schurman, writing for Harvard Business Review, makes the following points:
- Due to early retirements and a mix of ageism and cost-cutting, businesses let too many older workers go during the pandemic.
- When those older workers left, so did a lot of institutional memory, expertise, and loyalty.
- Organisations must reconsider their Diversity, Equity, and Inclusion (DEI) strategies to build long-term resilience.
References
- GENERATIONAL STEREOTYPING | The Runway (govcms.gov.au)
- RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC |
References from the Web:
- APR 2022 Four Ways Your Business Can Bridge The Generation Gap—Forbes
- DEC 2022 3 Strategies to Bridge Generational Divides at Work—HBR
Source Information:
- Article Source: https://hbr.org/
- Media Check: HBR - Media Bias Fact Check (mediabiasfactcheck.com)
