is your workforce fit for the future?
TRANSCRIPT
Is Your Workforce Fit For The Future?
Organisations across all sectors are experiencing a wide-range of workforce demographic challenges: managing varying expectations of workers from different demographics, making
best use of existing talent/skills and also preparing for the future.
The following graphic summarises some of the current challenges with each demographic and how organisations can start to address these with talent management initiatives.
eCom is focused on the delivery, tracking and reporting of workforce learning and development, through innovative technologies.
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Find out more about our talent and competency management solutions: Call us on 01383 630032 or
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Baby Boomers
Birthrate peaks
Date of BirthDate of Birth
Age Range Age Range
b. 1947 b. 1964
70 535462
b. 1964
b. 1947
70 53
7070
5353
62
54
Challenge• Older workers staying in the workforce• Large number of workers retiring
Solution•
•
Job role evaluation to ensure people are in right rolesDeceleration plans to capture knowledge and expertise
Generation X
Birthrate drops
Date of BirthDate of Birth
Age Range Age Range
b. 1965 b. 1980
52 374550
b. 1965 b. 1980
b. 1980
b. 1965
52
374550
5050
4545
ChallengeShortage of employees at typical middle management ageLack of digital skills and confidence
•
•
SolutionAccessible digital solutions which streamline management tasksClear support pathways
•
•
Generation Y
Workforce stabilises
Date of BirthDate of Birth
Age Range Age Range
b. 1980 b. 1990
37 27
b. 1980 b. 1990
b. 1990
b. 1980
37 2737
27
Challenge•
•
Need to develop into the leaders of the futureWant to be empowered to lead now
Solution•
•
Active talent management for leadership positionsDigital solutions for collaborative and peer-to-peer learning
Millenials
Workforce stabilises
Date of BirthDate of Birth
Age Range Age Range
b. 1990 b. 2000
27 17
b. 1990 b. 2000
b. 2000
b. 1990
27 1727
17
ChallengeWant to make an impact but lack the skillsNeed coaching and support from experienced staff
•
•
SolutionStructured support through competency managementTechnology solutions which facilitate coaching and mentoring
•
•