The Impending Leader Brain Drain & Solutions
The Baby Boomer retirement rate is set to create a significant management gap of experienced and skilled leaders. According to Gallup, 78% of HR leaders say the threat of losing business critical expertise is growing. This is just the start. Additionally, in 2020, the average age of Baby Boomers will be 65. The good news is there are innovative and effective ways to begin the knowledge transfer process from Baby Boomers to Gen Xers and Millennials. The result is a more prepared, resilient, and competitive organization.
I took a stab at creating an infographic that visually represents the impending leadership brain drain. It is yours to download. Let me know what you think. Hope you enjoy it and hope it helps!
Of course, we’d be happy to help you create innovative and effective ways to reduce the brain drain, but this probably goes without saying :^). Enjoy!