ManAGEment: the challenges of global age diversity for corporations and governments
Abstract
Purpose
The purpose of this paper is to investigate the challenges, worldwide of managing an aging workforce. The paper offers suggestions for public policy and for individual organizational approaches to developing, managing and motivating an aging workforce.
Design/methodology/approach
The paper reviews in depth international literature, public policies and corporate policies that deal with an aging workforce.
Findings
In virtually every nation in the world, society is aging and the costs to society – on multiple dimensions demand organizational action and changes in public policy. For the first time in recorded history the number of people aged 65+ will exceed those 15 and under starting in 2015. It is also predicted that those 80+ will be greater than those under 15 in Europe by 2060.
Originality/value
This paper explores the impact of a worldwide aging society on the management of organizations and the demands that this aging will place on public policy. It addresses the profound impacts of changing dependency ratios on nations and on their future competitiveness.
Keywords
Acknowledgements
An earlier version of this paper was presented at the 3rd Ashridge International Research Conference, Berkhamsted, England, July 2013.
The authors would like to thank the Editors of this Special Issue and two anonymous reviewers for their helpful comments. All errors and omissions are the authors’ sole responsibility.
Citation
F. Mahon, J. and C.J.M. Millar, C. (2014), "ManAGEment: the challenges of global age diversity for corporations and governments", Journal of Organizational Change Management, Vol. 27 No. 4, pp. 553-568. https://doi.org/10.1108/JOCM-05-2014-0100
Publisher
:Emerald Group Publishing Limited
Copyright © 2014, Emerald Group Publishing Limited