How long will your organization exist? Have you ever stopped to ponder this question
This week I attended a presentation given by a state demographer who shared considerable research and data on the outlook of the national workforce—and suffice it to say the nation is headed towards a shocking reality. The bottom line: Our workforce is aging. Millions of workers will leave the workforce over the course of the next 15 years, and employers and government alike are largely unprepared for what—and who—comes next.
This wasn’t news to me. For the past two years I’ve been researching and writing my fifth book, delving into the nation’s talent woes in great detail, and identifying ways in which organizations can navigate their way out of crisis towards greater success.
I’m pleased to announce that Talent Generation: How Visionary Organizations Are Redefining Work and Achieving Greater Success (Association Management Press) will hit shelves this summer! To get your name on the waitlist, please visit the book’s landing page: https://xyzuniversity.com/talentgen.
Here are a few facts you should know about our workforce:
1.) Workforce productivity and job satisfaction have been declining since the 1960s.
2.) In the United States, employers lose an estimated $30 billion annually due to employee turnover.
3.) The widespread inability to find or keep talent isn’t due to a lack of smart, ambitious, innovative people. Rather, this challenge stems from organizations and their cultures. Quite simply, it’s the result of an ever-widening gap between the Industrial Era 20th century-managed organizations, and the Post Industrial 21st century-raised workforce.
4.) As we move from the computer age into the cyber-age, the workforce crisis will become even more apparent as new industries, jobs, and skills emerge.
5.) The need to find and keep talent is challenging every industry and it’s a global concern.
How long your organization will sustain comes down to its ability to engage talent—young talent. The real issue is no longer talent management; it’s talent generation. It’s imperative that organizations engage younger generations of talent, and help train and prepare future talent.
This isn’t just another cautionary tale. It’s a call to action. This isn’t someone else’s problem to solve. It’s yours and mine. Every membership association, business, government, nonprofit, and country needs to own this problem and make it a priority to resolve it.
Without talent, we have much to lose. Without talent, we have no purpose, no future, and no hope. Without talent, society fails. So let’s put an end to the workforce crisis.
Welcome, dear reader, to talent generation. I guarantee this will be the most important job you’ve ever had.
Order Sarah’s book now: https://xyzuniversity.com/talentgen