The talent cliff is a looming challenge facing organizations across a variety of industries. The phrase refers to the coming shortage of experienced, knowledgeable workers as the baby boomer generation retires en masse. This large cohort of workers has played a central role in driving the U.S. economy for the past several decades, and their absence could lead to a significant talent gap that could prove detrimental to many industries.
This essay will explore the talent cliff, its causes and effects, and the potential strategies and solutions that organizations can adopt to mitigate the talent cliff’s impact on their operations.Causes of the Talent Cliff
The baby boomer generation, which includes individuals born between 1946 and 1964, has played a central role in the U.S.… Read the rest