Governing Magazine reports that perhaps the best people to replace retiring Baby Boomers on the job are other Baby Boomers looking for work.
There’s evidence to suggest that a good number of today’s retirees will want the work. For one thing, some will have no choice but to earn extra income. That’s partially because of what’s happened to their 401(k)s recently. It’s also because Americans are living longer lives, leading many to work later into life than has been considered normal in the past.
What’s more, many baby boomers simply view retirement differently than their parents did. They don’t want to just play golf and live a life of leisure; they want to engage in purposeful new challenges, whether it’s through volunteering, working part-time jobs or launching what Marc Freedman calls an “encore career.” Freedman is the founder of Civic Ventures, a think tank devoted to aging issues. He says a growing number of seniors see a sweet spot at “the intersection of continuing income and meaningful work.”
I’m probably biased, but it sounds like a good idea. Except for one thing: Where are those jobs?
via delawareonline | Wilmington Blogs:Second Takes | The News Journal.
“This is about deploying a leadership force to have an impact on major social problems,” said Rosabeth Moss Kanter, a professor at the Harvard Business School who heads the program. “We want to make the case to the world that experience matters.”
Nonprofit organizations face a collective “leadership deficit” over the next decade of more than 600,000 senior managers, the Bridgespan Group, a nonprofit organization that advises foundations and nonprofit groups, has estimated.
via Harvard starts program for late-career professionals – International Herald Tribune.
Don Kassner, President of Andrew Jackson University writes:
“Former lifelong educator and business guru Peter Drucker, quoted in Forbes several years ago, said “Today’s buildings [college facilities] are hopelessly unsuited and totally unneeded.” He further commented, “colleges won’t survive as residential institutions.” Drucker predicted the Internet would change the way students learned, and the evidence continues to build that Drucker was right.”
I agree with Don and, of course, Peter Drucker is right, again.
Digital classrooms are more efficient forms of knowledge distribution. Check it out
“The purpose of a business is to create a customer” -Drucker
What if Universities switched from Ivory Towers to Salt and Pepper Towers? The perfect place for boomers to get out of the way, live cheap, start new careers, launch new social enterprises.. all born in the dorms, by us darn boomers.
via Open Letter to President-Elect Obama from a University President.
Retooling for encore careers
via Retooling for encore careers.
Mid lifers might want to pay attention to the words of Peter Drucker.
The following works for people as well as corporations.
“Effective executives know that they have to get many things done effectively. Therefore, they concentrate. And the first rule for the concentration of executive efforts is to slough off the past that has ceased to be productive.” PFD