For CIOs (Length: 11 pages)

June 29, 2007

The Baby Boomer Retirement Crisis Is A Looming Corporate Threat

by Phil Murphy

with Alex Cullen, Samuel Bright, Bo Belanger


Executive Summary (This is a document excerpt)

The coming surge in the retirement of workers born into the Baby Boomer generation represents a significant risk to private-sector and public-sector organizations that cannot be ignored. The problem affects many occupations, but it varies widely by geography, occupation, and gender. CIOs should ensure that their peers on the executive management team take action to mitigate the threat and retain the intellectual property stored in the heads of all staff, before it retires along with its owners.

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TABLE OF CONTENTS

NOTES & RESOURCES

itemDefining Boomers And The Boom

itemBoomer Retirements Are A Corporate Threat

itemRecognize The Threat And Designate Ownership Of A Coordinated Response

recommendations

itemTreat This Problem As A Corporate Threat

WHAT IT MEANS

itemThe Threat Will Increase Recruitment Competition

itemSupplemental Material

Forrester compiled data from the International Labor Organization (ILO), the Population Retirement Bureau, the US Department of Labor, and the US Social Security Administration.

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itemThe Retiring Workforce Is Creating A Knowledge Void In Government And Regulated Industries

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Analyst: Phil Murphy
Technology: Human Capital Management, IT Management, IT Organization
Geography: Asia Pacific, Europe, North America

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Ratings and Comments
Rating: 9 out of 10
based on 4 ratings across all roles.
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