Cane Mutiny Angie- Emrah- Kimmy- Steven

Summary of the case Indentify the problems Class discussion Evaluate Frank's purpose Possible solutions Alternative Long term & Short term Wrap up Agenda

Summary of the case

Indentify the problems

Class discussion

Evaluate Frank's purpose

Possible solutions

Alternative

Long term & Short term

Wrap up

What is Happening? Erwin: VP of HR Frank: Human Resource Manager Matthias: senior employee worked for more than 20 years

Aging problem in Germany Corporate financial constraint Difficulty in attracting young elites The gap between young and senior generation. Identify the Problems

Aging problem in Germany

Corporate financial constraint

Difficulty in attracting young elites

The gap between young and senior generation.

People live longer, healthier 80% of people will be over 50 in 15 years Aging Problem

People live longer, healthier

80% of people will be over 50 in 15 years

Baby boomers will have the money e Babyboomers will be the target market Skills, experince leaving the companies Aging Problem (cont’)

Baby boomers will have the money e

Babyboomers will be the target market

Skills, experince leaving the companies

No long term plans for the aging problem Babyboomers want to work but not for you Gap between old and young Aging Problem (cont’)

No long term plans for the aging problem

Babyboomers want to work but not for you

Gap between old and young

What’s the Possible Solutions? If you are the younger generation? If you are the senior generation?

If you are the younger generation?

If you are the senior generation?

The majority of the important knowledge in an organization is in somebody's head

Mentor programs instead of part-time job switching the job of the capable and eligible seniors to an internal coaching position. self fulfillment is much more important for seniors A better internal e-communication system internal forum, project management system, online meeting software or infrastructure. The Possible Solutions

Mentor programs instead of part-time job

switching the job of the capable and eligible seniors to an internal coaching position.

self fulfillment is much more important for seniors

A better internal e-communication system

internal forum, project management system, online meeting software or infrastructure.

To remain the good intention taking female employees Don’t keep your brilliant workforce away..

To remain the good intention taking female employees

Set up the day care center? Pros: appealing benefit for employees Cons: Renal, staffing, and managerial issue The Possible Solutions

Set up the day care center?

Pros: appealing benefit for employees

Cons: Renal, staffing, and managerial issue

Diversity is beauty! Expand talent pool globally!

Hire people from international pool address the labor shortage issue The possible solutions (cont’)

Hire people from international pool

address the labor shortage issue

Solution 1: Aggregating the needs with companies in neighbourhood. Easily analyzing its cost and effectiveness. Solution 2: Mentor program could be measured by the participants’ (middle- aged management) performance Solution 4: Constitute a 24/7 working environment time frame, which can improve it competency significantly. The BEST combination of solutions

Solution 1: Aggregating the needs with companies in neighbourhood. Easily analyzing its cost and effectiveness. Solution 2: Mentor program could be measured by the participants’ (middle- aged management) performance

Solution 4: Constitute a 24/7 working environment time frame, which can improve it competency significantly.

Surveys and meetings Social Events Reward program Mentoring and reverse mentoring program Recruitment Short Term

Surveys and meetings

Social Events

Reward program

Mentoring and reverse mentoring program

Recruitment

Flexible retirement programs International assets Culture On going commitment of effort and time Long Term

Flexible retirement programs

International assets

Culture

On going commitment of effort and time

THANK YOU !

Invite discussion for best practices How ‘s your company dealing with the aging issue? (we know Canada is facing retired trend too) Downsizing would reduce diversity. AT&T has a leave policy enable redundant employees to travel or study. As openings occurred, there employees returned to AT&T, restoring diversity and bringing enhanced skills and experience Best Practices

Invite discussion for best practices

How ‘s your company dealing with the aging issue? (we know Canada is facing retired trend too)

Downsizing would reduce diversity. AT&T has a leave policy enable redundant employees to travel or study. As openings occurred, there employees returned to AT&T, restoring diversity and bringing enhanced skills and experience