Iceberg ahead

Abstract

Purpose

The purpose of this paper is to discuss the retirement of the Baby Boom generation and the fiscal crisis that almost certainly will accompany it.

Design/methodology/approach

Opinion column.

Findings

This column lays out the reasons why the current fiscal situation is unsustainable and why the retirement of the Baby Boomers will cause economic dislocation for the entire economy, shaping strategic choices for many business decision‐makers.

Originality/value

Advance warning about a serious issue that will cast a shadow on the entire strategic business environment for the next few decades.

Citation

Marren, P. (2009), "Iceberg ahead", Journal of Business Strategy, Vol. 30 No. 1, pp. 50-52. https://doi.org/10.1108/02756660910926975