CAFÉ Ottawa and Sprott present “Managing a Changing Workforce” by Dr. Linda Duxbury

On Feb. 1, the Canadian Association of Family Enterprise Ottawa and Carleton’s Sprott School of Business are co-hosting a breakfast event, featuring Sprott professor Dr. Linda Duxbury who will address “Managing a Changing Workforce”.

Date: Tuesday Feb. 1, 2011
Time: 7:30 to 9:30 a.m.
Location: Fenn Lounge, Residence Commons, Carleton University
Tickets: CAFÉ first family member $45; additional family members $35 / Non-member $75

The deadline to register is Jan. 26. Tickets will go quickly.

Description

The upcoming century will see a fundamental shift in the change in the nature of the employer-employee relationship as organizations seek to attract and retain good employees in a declining labour market. This labour force shortage will arise as the massive baby boomer generation retires and companies compete to hire the small pool of “baby-bust” employees. Other factors that contribute to these changes include the following: birth rates are declining throughout the world; populations are aging; the age at which people are taking retirement has fallen; people are staying in school longer (or returning to school); and the skill-intensity of employment is increasing.

These demographic changes will have profound impacts on employers as they enter a “sellers” market where there are fewer employees with the necessary skills than there are good jobs.

Human resource management will become a critical success factor in the new millennium as companies have to focus on recruitment, retention of employees of all ages, succession planning, work-life balance and career development.

We are currently in an unusual position in Canada in that we have four generations in the workforce at the same time: the Veterans (59+), the Baby Boom (1947-1964), the Baby Bust (Generation X)(1961-1972) and the Echo Boomers (Nexus)(1972-1990). Each of these generations has different attitudes and values with respect to work and life. Managers in organizations today need to understand key generational differences in order to attract, motivate and retain good employees.

In her talk, Linda will address the formative influences shaping the different generations and will look at possible sources of generational conflict within the workforce. She will also advise family business owners on how to adapt to meet the needs of these different groups of employees.