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m4l1 - Module 4 Management of Organizations Professor...

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Module 4: Management of Organizations Professor Cristina Banks [email protected] Office Hours:Wednesday 2-4 @ F526
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The Conceptual Framework Status Report: The Current State of the U.S. Workforce Implications for Business Fundamental Building Blocks for a Company Fast Food Wars—How to win? Developing the Management Team
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Baby Boomers (b. 1946 – 1964) Baby Busters (b. 1965 – 1983) Workforce Generations Baby Boomlets (b. 1984 – 2002)
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Status Report: The context for managing people. The workforce is getting older. head2right More Boomers in current workforce than other two generations. head2right Average age of workforce around 45. head2right Boomers nearing retirement. head2right Large wave of retirements expected starting in 2010
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Status Report The workforce is getting smaller—fewer people entering the workforce than those leaving the workforce. head2right 77 million Boomers will be replaced by 66 million Busters barb2right 11 million person gap head2right By 2008, the number of young adult workers entering the labor force (25-40) will shrink by 1.7 million.
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Status Report The workforce is becoming more ethnically diverse. head2right By 2020, US population will be 63% White, 13% African American, 7% Asian, 16% Hispanic. head2right In CA, population will be 40% White, 60% minorities and immigrants speaking over 80 languages. head2right In CA, Hispanic population growth rate is the highest in absolute numbers head2right Asian population is most rapidly growing minority group in US
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Status Report The workforce is becoming less well-educated.
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