Engaging and Developing Is Key to the Challenge

Robin Athey and Robert Burnside

Despite the fact that there are millions of unemployed people in the United States, there remains an acute shortage of talent that is transforming today’s business world. Top-level talent is scarce and becoming even more so because of two factors: the retirement of baby boomers and a growing skills gap.

The first members of the baby boom generation have hit their mid-sixties, and the proportion of the workforce made up of people fifty or older has snowballed and will continue to do so. What’s more, the nation’s education system is not keeping pace with the increasing complexity of business and technology. Only 70 percent of U.S. public high school students graduate ...

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