We are in an increasingly volatile global climate, from trade wars on multiple fronts to political unease to economic crises, to name just a few. During periods like these, it makes sense that corporations generally shift toward a more conservative stance, taking a “wait-and-see” approach to business decisions.
One of the biggest, and often hidden, issues for the global economy is the massive number of industrial workers who are at or close to retirement age. In the US alone, there are an estimated 53 million baby boomers still working, with the oldest 73 years of age. This is a timebomb of knowledge leaving the workforce.