Economists and demographers are already talking about it, we are going to have a shortage of industry talent in the next decade.
This is because many of the baby boomers are retiring, and the Ex'er Generation is moving up fast to bridge the gap.
Unfortunately these young folks that are wet behind the ears, have little if any experience in business, and they do not think in the proper profit motivation to satisfy shareholders or to achieve quarterly earnings.
Their minds simply aren't in the right place, and they don't have the experience, observations, or knowledge to make it work.
Yes, to their credit they have all sorts of capital letters next to their names, degrees, and education, but as Calvin Coolidge once said the world is filled with educated derelicts (without point fingers, just mentioning a famous quote there).
Am I going so far as to say that the new extra generation and business are derelicts? No, absolutely not many of them have more brain capacity than their baby boomer predecessors, they are smarter, unfortunately they are also clouded political correctness and this could be a severe problem.
So what's the solution? One solution that a think tanker recently came up with was to have large corporations buy up cheap homes right now at the bottom of the market in places where they might someday put their factories, and corporate offices.
Then they could attract the talented baby boomers who have watched their 401(k) and retirement plans get crushed by the global stock market crash.
A Corporation securing such properties could entice these baby boomer retirees to give their best efforts for perhaps another decade, including consulting services, strategic management, and even perhaps coming back to work.
You must understand the baby boomers are living longer than they had expected, and they probably don't want to run out of money.
Giving them a home may sound like a huge expense, but buying a home at today's prices considering what they'll be worth of the future will be money well spent, and the Corporation wouldn't necessarily have to give them the home, just allow them to live there for the remainder of their years, while the home appreciated in value of course.
Indeed, this was an interesting consideration of a think tank member, and I thought you should know about.
This is because many of the baby boomers are retiring, and the Ex'er Generation is moving up fast to bridge the gap.
Unfortunately these young folks that are wet behind the ears, have little if any experience in business, and they do not think in the proper profit motivation to satisfy shareholders or to achieve quarterly earnings.
Their minds simply aren't in the right place, and they don't have the experience, observations, or knowledge to make it work.
Yes, to their credit they have all sorts of capital letters next to their names, degrees, and education, but as Calvin Coolidge once said the world is filled with educated derelicts (without point fingers, just mentioning a famous quote there).
Am I going so far as to say that the new extra generation and business are derelicts? No, absolutely not many of them have more brain capacity than their baby boomer predecessors, they are smarter, unfortunately they are also clouded political correctness and this could be a severe problem.
So what's the solution? One solution that a think tanker recently came up with was to have large corporations buy up cheap homes right now at the bottom of the market in places where they might someday put their factories, and corporate offices.
Then they could attract the talented baby boomers who have watched their 401(k) and retirement plans get crushed by the global stock market crash.
A Corporation securing such properties could entice these baby boomer retirees to give their best efforts for perhaps another decade, including consulting services, strategic management, and even perhaps coming back to work.
You must understand the baby boomers are living longer than they had expected, and they probably don't want to run out of money.
Giving them a home may sound like a huge expense, but buying a home at today's prices considering what they'll be worth of the future will be money well spent, and the Corporation wouldn't necessarily have to give them the home, just allow them to live there for the remainder of their years, while the home appreciated in value of course.
Indeed, this was an interesting consideration of a think tank member, and I thought you should know about.
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