Workforce Crisis: How to Beat the Coming Shortage of Skills And Talent

by Ken Dychtwald, Tamara J. Erickson, Robert Morison

Unprecedented shifts in the age distribution and diversity of the global labor pool are underway. Within the decade, as the massive boomer generation begins to retire and fewer skilled workers are available to replace them, companies in industrialized markets will face a labor shortage and brain drain of dramatic proportions.

Ken Dychtwald, Tamara Erickson, and Robert Morison argue that companies ignore these shifts at great peril. Survival will depend on redefining retirement and transforming management and human resource practices to attract, accommodate, and retain workers of all ages and backgrounds. Based on decades of groundbreaking research and study, the authors present innovative and actionable management techniques for leveraging the knowledge of mature workers, reengaging disillusioned midcareer workers, and attracting and retaining talented younger workers.

This timely book will help organizations sustain their competitive edge in tomorrow’s inevitably tighter labor markets.

Genres: Business

269 pages, Hardcover

First published February 16, 2006

Reviews

[Stancalău]

The book offers very good advice for attracting and retaining employees in today's buyer's job market. It was published 10 years ago and could use some updating but all in all a very good read. It is however written in the US and is a bit focused on that market. For instance retirement does not pose the same challenges for employers in a socialist country. Also in emerging countries, the older workforce population might not be as versatile or equipped to cope with new challenges as in America but they are still worth considering in the right context.

[Jordan Mcculloch]

Not overly detailed. General management ideas and basic assumptions on different generations. The idea of the work force crisis seems to be taking root now in 2022. Would only recommend to business owner with many employees (1000 plus).

[Took4ever Hayes]

Few businesses are aware or prepared for what is going to happen with the changing generations and their different attitudes and approaches toward work and personal life.
Ken Dychtwald includes what I have read before and new thoughts that help to become informed on the coming Workforce Crisis.
Beginning in 2008, we will see an increase in the number of unfilled jobs while the number of available workers to fill those positions does not increase proportionately. This is due, in part, to the baby bust of the early Gen X'ers.
Ken Dychtwald covers not only who what and why. He also provides his opinion to what the solution could/should be.
A must read for anyone associated with business, people, or anyone who is respponsible for people.

[Tammy Erickson]

Of course, I have to recommend this one -- I hope others enjoy it and are as fascinated by the demographic trends as I have become.

[Rob Salkowitz]

Lucid and fact-filled discussion of an important trend. One of the best books on the subject I have encountered.