By Ken Dychtwald, Tamara Erickson,
“Within the decade, as the massive boomer generation begins to retire and fewer skilled workers are available to replace them, companies in industrialized markets will face a labor shortage and brain drain of dramatic proportions.
To survive, companies must rethink their workforce strategies and transform their management and human resources practices to attract, engage, and retain workers of all ages. Based on decades of groundbreaking research, the authors of Workforce Crisis present innovative strategies for rewriting the “employment deal” and leveraging the talent of the people your enterprise needs to succeed.
Through savvy use of flexible work arrangements, innovative learning opportunities, and creative compensation and benefits programs, companies can meet the unique needs of each employee cohort:
- Mature (55+ years old): Many older employees want to remain productive, even after traditional “retirement” age. Workforce Crisis shows you how to keep their capabilities, company knowledge, and customer connections working for you.
- Midcareer (35-54 years old): Too many talented employees find their work increasingly routine and feel squeezed between their professional and family obligations. This book reveals how to reignite their enthusiasm.
- Young (18-34 years old): In competitive labor markets, your most able younger employees won’t hesitate to job-hop for better opportunities elsewhere. How to keep these workers engaged and loyal to your firm? The authors offer potent strategies.
Business leaders can’t change demographic forces. But they can apply the proven techniques in this landmark book to ensure that their organizations have the skilled and committed workers needed for ongoing business success.
Ellen Galinsky, President, Families and Work Institute –
Every once in a great while a book comes along that is more than a book—it is a catalytic force. Workforce Crisis is just such a book. It provides a new view of world demographics and economic realities, of workforce crises that are potentially avoidable, and even more importantly, of workable solutions.
Lynda Gratton, PhD, Professor of Management Practice, London Business School –
In a provocative and marvelously research manner, this book shows with absolute clarity the way the ’demographic time bomb’ will develop. Yet with wisdom, insight, and practical examples, the authors demonstrate how every company can respond—and indeed gain—from the changing nature of the workforce.