Future proofing an organization against talent lost as baby boomers Term Paper

Future proofing an nerve against talent lost as mar boomers retired - Term Paper ExampleThe exodus of the baby boomers feature with the falling birth rates will intensify the contestation for the global talent.Most of the businesses from the developed beingness recognize the need to capitalize on the international markets. It helps the companies overcome the challenges of aging work force evident in their domestic market, by tapping into new growing pool of highly educated talent. However, the rapid growing of the economies of the BRIC countries also means that new businesses are entering the markets. The competition is increasing. Most of the organizations are already experiencing stiffer competition as they expand internationally. The entry of new businesses threats to shrink their international market share.The third trend is that, women motley a significant portion of the workforce. Having more women working is transforming the workplace and creating new markets. A woman brings a unique perspective on tapping on some of the growing markets. Also having more women working has increase their saving and spending and thus good for the business. In United Kingdom, the female segment is increasing faster.Currently, the contemporaries X and Y forms the majority of the world population. This generation view of life is different from that one of the baby boomers. They have different goals and motivation. This means that different leadership style will be required to remind them. The business leaders will need skill not only to do business in this broad environment but also to attract and maintain talents from more diverse and fluid workforce. Skills standardized peoples kills and emotional intelligence will be highly valued.As the global transition accelerates, it is becoming more crucial to understand the fundamental trends that shape the future of the workplace. It is, therefore, important for todays leader to make up a vision for future