In the News: The Most Needed Workplace Disruption Requires This Key Strategy To Ensure Competitive Edge

The Most Needed Workplace Disruption Requires This Key Strategy To Ensure Competitive Edge

At both ends of the age spectrum, employees are expressing frustration with the lack of development opportunities. One the one hand, younger employees hear they need more experience. On the other, older workers are deemed out-of-touch. In both scenarios, ageism is preventing organizations from fully leveraging their most valuable investment–talent. The most significant disruption the workplace needs now is the creation of genuinely inclusive workplace cultures where employees are given the opportunities they crave for as long as they desire.

Companies not proactively looking for ways to engage a multicultural workforce are driving off the demographic cliff, according to Robert Morlot, managing partner of Clearwater Business Advisers, a business consulting firm headquartered in Tampa, Florida. “Managing a multigenerational workforce is becoming a problem within organizations who have no idea how to meet employee wants and needs,” Morlot said in an interview. “Older workers are leaving; younger workers are leaving, but for different reasons. Retention is a serious and expensive challenge.”