Sunday, July 24, 2011
Balancing Head and Heart
Sunday, July 10, 2011
Body Surfing for Boomers
Sunday, May 1, 2011
Random Factoids
Presented below, for your edification and enjoyment (maybe), are factoids collected from recent readings. In no particular order…
From usa.com, “More Americans leaving the workforce” (04-13-2011):
- In 2010, only 45.4% of Americans had jobs; the lowest since 1983, down from a peak of 49.3 % in 2000.
- In 2010, only 66.8 % of men had jobs, lowest on record. Until 1960s, more than 80% of men worked.
From wsj.com “Out of Work, Out of Options and Over the Hill” (10-24-2010)
- Of the 14.9 million unemployed, more than 2.2 million are 55 or older, according to the U.S. Labor Department. And almost half of those have been unemployed six months or longer. The unemployment rate in that age group is a record high 7.3%.
From cbsnews.com, Sunday Morning, “Baby Boomers: America’s New Unemployables” (04-03-2011):
- While people over 50 are less likely to be laid off, those that are have only a 24% chance of finding a new job within a year. For those past 62 years, the chance drops even more.
- “…employers are cautious about taking on not only the salaries [of Boomers] but the benefits they expect…Experience is less valuable to employers these days than being cheap.”
From The Sloan Center on Aging & Work at Boston College, (03-25-2011)
- Employees approaching-retirement (55-65 years) and retirement-eligible (66 +years) are more engaged than are younger workers. There are no significant differences between older or younger workers regarding the job conditions that predict employee engagement.
- The current trend of older workers continuing to work past the traditional age of retirement is creating new challenges as well as opportunities. While some employers may see the advantage of retaining older workers to avoid losing critical knowledge, other employers may still be hindered by the misperception that it may be necessary to make extensive (and costly) adjustments for older workers.
- There is this idea among employers that older workers require a lot of accommodations…Older workers want the same things other workers want: opportunities for learning, job clarity, workplace flexibility, and supervisors who show concern for their well-being and recognition for a job well done. When these job conditions are met, workers of all ages are more engaged.
- The ideas that older workers are inflexible, unable to adapt, and costly to employers, is outdated in the current context of longevity and health. People in their 50s and 60s may well be at their peak—on average they are energized, reliable, and engaged. The real cost that employers should weigh is the cost of losing experience. Older workers have typically accumulated valuable knowledge and resilience and can be vital contributors in the work place.
To me, these factoids, culled from different sources, re-enforces The Great Disconnect in the last post. If companies are serious about achieving innovation to re-gain competitiveness, they need to rethink their approach to acquiring talent; especially talent over the age of 50.
The flip side is that workers over the age of 50 need to be able to rethink their value to potential employers and be able to fit their value to employers’ needs.
Your take?
Sunday, September 13, 2009
Boomers’ Career Stages
--Apprentice
--Independent
--Mentor
--Visionary
I’m always looking for ways to classify and categorize career paths. I can’t help it; it’s part of my DNA. One of my StrengthsFinder themes is Input – collecting information and adding it to the archives. So the four career stages Linda presented resonated with me as a general typology for describing our career paths.
We often hear that the traditional career path is obsolete; that instead, we can expect to have a number of careers during our working life. While I agree with the multiple career aspect, I think we do have distinct career paths and Linda’s model provides a good guide. Many of us, who have changed careers, rarely go back to the Apprentice level; and if we do, we progress much quicker along the path, in large part because of the maturity we’ve developed in the workplace.
Many of my Boomer clients find themselves at the Mentor and Visionary stages of their careers. These are challenging stages, as they tend to be outwardly focused – on developing opportunities for others and the organization – rather than self focused.
As we continue to develop in our careers, Boomers need to recognize where we are along our career path. Those of us who intend to stay in the workforce need to realize that the traditional management/decision-making roles may no longer be available to us. We will have to embrace the roles of Mentor and Visionary, focus less on ourselves and more on others: Relying less on our subject matter expertise; coaching younger workers in the development of their expertise; asking questions and providing insight that influences younger managers in their decision making. We will need to champion new ideas and processes that enhance the organization’s competitiveness; and ensure that key staff are not stagnating in unproductive projects.
We need to become the “wise men and women” of the organization, rather than its managers or bosses. We need to lead by influence, rather than by decision.
To be sure, organizations need to embrace these issues as well. Productive, future-focused organizations will recognize the value of their more senior workforce and will provide opportunities for its continued contributions. However, we know that change occurs at a glacial pace; and not all organizational leaders are enlightened about the value of their older workforce. So it will be up to us to influence them; to show them how we can be of value; to demonstrate how we can lead as mentors, coaches and visionaries.
So how do you see your progression in your career path? What strategies and tactics do you need to employ to be more of a Mentor and Visionary? How can you help convince the organization to recognize your value in these roles?