How Companies Must Adapt for an Aging Workforce
by David Bloom and David Canning | 9:00 AM December 3, 2012, Harvard Business Review Blog Network
The world's population is growing older, taking us into uncharted demographic waters. By 2050, over one-fifth of the US population will be 65 or older, up from the current figure of one-seventh. The number of centenarians worldwide will double by 2023 and double again by 2035. Projections suggest life expectancy will surpass 100 in some industrialized countries by the second half of this century — roughly triple the lifespan that prevailed worldwide throughout most of human history.
Business has been slow to plan for population aging, but delay won't be an option for much longer. Unemployment is high now, but as labor markets tighten, especially in Europe and Japan, companies will soon have little choice but to welcome older employees. Indeed, prompt action to harness — and enhance — the contributions of older workers will be seen as a key competitive advantage.
Click to read the full article on the Harvard Business Review Blog Network -
How Companies Must Adapt for an Aging Workforce
The Networks Northwest team did a great job to help the City of Charlevoix and Charlevoix Township collaborate in addressing housing challenges in our community. They facilitated dialogue with Planning Commissioners, community stakeholders, and municipal officials to develop a plan for cohesive zoning in areas of growth for our two governments. Further, they were able to pinpoint the challenges in each unit and propose changes that would be beneficial all around. Together, we believe we'll be better prepared for housing developments and job growth in our region. We look forward to working with them on future projects!
- Mark Haydlauff, City Manager, Charlevoix