It’s 2011: Will your company survive the exodus of the baby boomers?

2011 marks the start of the exit of the baby boomers: the generation born in the years following World War II turns 65 and will retire. It is the beginning of the largest workforce exodus that we have ever seen. 2011 is a pivotal year and signals a profound change that companies, and specifically HR, will be forced to cope with over the coming years. The effect of this so-called ‘knowledge crunch’ is set to hit just as companies recover from the credit crunch, and will augment the impact of the recession if not handled well.

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