Is Your Business Ready for the X’ers?

SHaring from the Rotary Club of Madison

Rotary Club of Madison, Wisconsin

–submitted by Donna Hurd; photo b John Bonset-Veal

Seeger DebbieDebbie Seeger, (pictured here with club president Ellsworth Brown) in her presentation entitled “Shift Happens,” provided a futuristic view of the incoming workforce, the ensuing competition to attract and retain talent, and how to prepare for the inevitable.

By the numbers: Baby Boomers represent one of the largest generations in history (78 million) and we are aging.  The succeeding generation, Gen X, represents just over half of the baby boomer population.  Clearly, the laws of supply and demand indicate the supply of available workers will not sufficiently meet the potential demand of employers.  The repercussions of poor planning or absence of planning will prove detrimental to a business’s viability.  Defining the gaps in knowledge with the loss of boomers will be an integral part of assessing the needs of the business in its attempt to successfully move from one generation of…

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