who is the next generation of leaders?
DESCRIPTION
What should be the boomer leader legacy for the succeeding generations in the workplace?TRANSCRIPT
As the baby boomer generation ad-
vances into the age of normal retire-
ment, there will be a significant de-
cline in the proportion of our popula-
tion in the prime working years of
15 to 64.
Rick Miner, Jobs of the Future, 2012
WHO IS DEVELOPING OUR FUTURE LEADERS?
THE BOOMER LEADER LEGACY
Baby Boomer 1947 to 1966
Generation Y
1980 to 1995
40% 30%
Generation X 1967 to 1979
Traditionalist
pre 1947
25%5%
2020 Cohort sizes change
7%
Generation Z post 1995
1% 20% 22%
50%
Skills gaps
Leadership
gaps
Technology
Workforce age
Technical &
non technical
skills
expertise
leadership
knowledge
global &
national
experience
Traditionalist Boomer Generation X Generation Y
Hold Boomer leaders accountable for developing new leaders
Assess ability of your Boomer leaders to develop new leaders
Train Boomer leaders to teach, coach and mentor new leaders
Recognize Boomer leaders who effectively develop new leaders.
1. Educate Yourself
Demographic makeup of your organization Similarities and differences of cohorts Working and communication styles
How to Get Started….
Review your potential leadership population
Conduct knowledge and learner evaluation
Assemble a cross functional team
THEN...
The Challenge?
As the boomers prepare to retire
and exit the workforce, this is a
great opportunity for HR Experts to
take on a business leadership role
and develop the plan to grow the
next generation of leaders.
The Solution!
Boomer Leader Legacy The Process
2. Build Leadership Development Strategy
Business risk assessment
Knowledge transfer requirements
Cross functional team
3. Design the BLL process
Select knowledge transfer methods
Confirm leader selection, current and new
Develop coaching and mentoring tasks
Assemble the project plan
Implement and evaluate
Learning Styles
Critical factor
Matching Talent to Need
Boomer Match to Business
[email protected] 905.662.5130 www.bm2b.ca