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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: Mondays 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) Baby Boomlets (b. 1984 – 2002) Workforce Generations
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Status Report: The context for managing people. The workforce is getting older. More Boomers in current workforce than other two generations. Average age of workforce around 45. Boomers nearing retirement. 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. 77 million Boomers will be replaced by 66 million Busters 11 million person gap 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. By 2020, US population will be 63% White, 13% African American, 7% Asian, 16% Hispanic. In CA, population will be 40% White, 60% minorities and immigrants speaking over 80 languages. In CA, Hispanic population growth rate is the highest in absolute numbers 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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