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The	
  New	
  Retirement	
  Story	
  in	
  Paris	
  (9B)	
  	
  
By	
  Peter	
  de	
  Kuster	
  	
  
	
  
	
  
Attraction	
  and	
  Retention	
  of	
  Top	
  Talent.	
  	
  The	
  Chanel	
  Store	
  
	
  
Attracting	
  and	
  keeping	
  the	
  top	
  talent	
  is	
  already	
  a	
  major	
  issue	
  for	
  companies	
  
that	
  are	
  fervently	
  competing	
  for	
  the	
  skills	
  of	
  available	
  younger	
  workers.	
  As	
  
the	
  resource	
  pool	
  of	
  younger	
  workers	
  begins	
  to	
  dry	
  up,	
  employers	
  will	
  
begin	
  to	
  look	
  to	
  the	
  ranks	
  of	
  more	
  mature	
  people	
  aged	
  45	
  and	
  older	
  to	
  fill	
  
the	
  vooid.	
  	
  
	
  




                                                                                                                              	
  
	
  
	
  
All	
  the	
  existing	
  paradigms	
  about	
  work,	
  reward,	
  advancement,	
  motivation,	
  
and	
  personal	
  growth	
  will	
  have	
  to	
  change	
  to	
  attract	
  the	
  much	
  needed	
  45-­‐
year	
  old	
  and	
  older	
  employee.	
  	
  
The	
  carrots	
  that	
  attract	
  and	
  retain	
  a	
  24-­‐year-­‐old	
  may	
  not	
  necessarily	
  trip	
  
the	
  trigger	
  of	
  a	
  48-­‐year	
  old.	
  	
  
	
  
If	
  companies	
  want	
  to	
  attract	
  the	
  gray-­‐haired	
  crowd	
  in	
  the	
  future	
  they	
  will	
  
have	
  to	
  deal	
  with	
  some	
  prevalent	
  ageist	
  biases	
  today.	
  Business	
  today	
  is	
  
characterized	
  as	
  high	
  performance	
  and	
  innovative;	
  and	
  these	
  two	
  stories	
  
conjure	
  up	
  images	
  of	
  youth.	
  Are	
  high	
  productivity	
  and	
  innovation	
  the	
  
exclusive	
  mindscape	
  of	
  the	
  young?	
  	
  
	
  
 
	
  
The	
  acceptance	
  of	
  the	
  story	
  about	
  the	
  link	
  between	
  innovation	
  and	
  youth	
  is	
  
so	
  strong	
  that	
  many	
  employers	
  will	
  need	
  to	
  create	
  innovative	
  cultures	
  that	
  
are	
  age	
  irrelevant…	
  They	
  will	
  need	
  to	
  create	
  cultures	
  that	
  engage	
  people	
  
and	
  motivate	
  performance	
  regardless	
  of	
  age.	
  	
  

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The New Retirement Story in Paris (9b)

  • 1. The  New  Retirement  Story  in  Paris  (9B)     By  Peter  de  Kuster         Attraction  and  Retention  of  Top  Talent.    The  Chanel  Store     Attracting  and  keeping  the  top  talent  is  already  a  major  issue  for  companies   that  are  fervently  competing  for  the  skills  of  available  younger  workers.  As   the  resource  pool  of  younger  workers  begins  to  dry  up,  employers  will   begin  to  look  to  the  ranks  of  more  mature  people  aged  45  and  older  to  fill   the  vooid.             All  the  existing  paradigms  about  work,  reward,  advancement,  motivation,   and  personal  growth  will  have  to  change  to  attract  the  much  needed  45-­‐ year  old  and  older  employee.     The  carrots  that  attract  and  retain  a  24-­‐year-­‐old  may  not  necessarily  trip   the  trigger  of  a  48-­‐year  old.       If  companies  want  to  attract  the  gray-­‐haired  crowd  in  the  future  they  will   have  to  deal  with  some  prevalent  ageist  biases  today.  Business  today  is   characterized  as  high  performance  and  innovative;  and  these  two  stories   conjure  up  images  of  youth.  Are  high  productivity  and  innovation  the   exclusive  mindscape  of  the  young?      
  • 2.     The  acceptance  of  the  story  about  the  link  between  innovation  and  youth  is   so  strong  that  many  employers  will  need  to  create  innovative  cultures  that   are  age  irrelevant…  They  will  need  to  create  cultures  that  engage  people   and  motivate  performance  regardless  of  age.