Making the Baby Boomer “Brain Drain” an Opportunity for your Workplace
Although recent changes in the economy have many baby boomers staying in the workforce longer than they had planned, eventually the “brain drain” will effect every workplace. Kip Kelly, director at UNC Kenan Flagler Executive Development outlines 5 steps to helping engage workers to maximize opportunities and minimizing negative effects of wisdom leaving an organization.
1.Conduct a strategic workforce analysis.
2.Refine your retention strategy.
3.Identify, prioritize and engage potential retirees.
4.Prepare senior and emerging leaders.
5.Create knowledge transfer opportunities.