- NY Credits : 4.0
- TX Credits : 4.0
What Happens When Baby Boomers Retire
Three generations make up the bulk of today's workforce: Baby Boomers, Generation X, and Millennials. Baby Boomers are currently reaching retirement age, which means businesses must prepare for this generational shift. This course takes a look at each generation in detail, including how they address common issues that arise in the workplace. Armed with this generational knowledge, businesses will be better able to address other issues that arise due to Baby Boomer retirement, including brain drain, the talent shortage, and planning for the future of the organization. This course provides strategies for knowledge sharing, employee recruitment and retention, succession planning, and other tips that may help as organizations transition the roles of Baby Boomers to younger generations.
Upon successful completion of What Happens When Baby Boomers Retire, the user should be able to:
identify the basic characteristics of Baby Boomers, Generation X, and Millennials,
recognize each generation's strengths and challenges, as well as the best ways to motivate them in the workplace,
determine how a knowledge management system can be used to combat brain drain,
identify helpful strategies employers can use to recruit, hire, and retain talented staff members from different generations, and
identify the best methods for creating strategic, succession, and leadership development plans.