The Age Curve: How to Profit from the Coming Demographic Storm by Kenneth W. Gronbach

Author:Kenneth W. Gronbach
Language: eng
Format: mobi, epub, pdf
Published: 2008-05-24T07:58:00+00:00

Generation Xers were born between 1965 and 1984. Remember there are about nine million fewer of them than the Boomers born 1945 to 1964. The huge Boomer population is about forty-four to sixty-three years old at this writing.

As the Boomers exit management positions, the Xers should move in. The problem is there are not enough Xers to fill the positions. This creates musical chairs in reverse. The Bureau of Labor Statistics forecasts that by 2012 there will be three to four million fewer workers than jobs. This shortage will be broad in scope, but nowhere will it be more acutely felt than in management. You can automate line work and use immigrants to fill entry-level positions, but management is a totally different story. You cannot run a business without management. If a business isn't managed, a business isn't going to be a business for very long.

This is a problem for any organization that relies on solid supervision and management. This includes municipal organizations like police departments. What happens when police departments can't find sergeants and lieutenants? (Ironically, the shortage does not include politicians. I don't know why.)

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