Summary of The Workforce Crisis of 2030 – and How to Start Solving It Now

Looking for the video?
We have the summary! Get the key insights in just 5 minutes.

The Workforce Crisis of 2030 – and How to Start Solving It Now summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Importance

7 Innovation

8 Style


Recommendation

Simple mathematics forecasts a looming global labor crisis. The workforce is aging, and by 2030, there won’t be enough personnel to fill jobs and keep major economies growing. While you may think technology provides the answer, human resources consultant Rainer Strack quickly deflates this optimistic idea. He has studied the numbers, and his solution involves a major attitude shift. getAbstract recommends this intelligent analysis to leaders of firms that require highly skilled employees now and in the future.

In this summary, you will learn

  • Which factors are converging to create a labor shortage,
  • What employment qualities today’s job seekers prioritize, and
  • How companies and governments can address the impending workforce crisis.
 

About the Speaker

Human resources consultant Rainer Strack is a senior partner at the Boston Consulting Group.

 

Summary

In 1964, 1.3 million babies were born in Germany; by 2013, just in excess of 600,000. Germany’s working population is aging, and most baby boomers will retire by 2030. If the country’s GDP and productivity continue to grow at a similar rate as during the past two decades,

More on this topic

By the same author

Twelve Forces That Will Radically Change How Organizations Work
Twelve Forces That Will Radically Change How Organizations Work
8
The Rewards of an Engaged Female Workforce
The Rewards of an Engaged Female Workforce
8

Customers who read this summary also read

CEDA Women in Leadership Series
CEDA Women in Leadership Series
7
Disruptive Demographics
Disruptive Demographics
7
How to Win the Battle Between People and Profits
How to Win the Battle Between People and Profits
7
Our Refugee System Is Failing. Here’s How We Can Fix It
Our Refugee System Is Failing. Here’s How We Can Fix It
9
The New Normal – Global Migration
The New Normal – Global Migration
7
Global Solutions to Global Migration
Global Solutions to Global Migration
9

Related Channels

Comment on this summary

  • Avatar
  • Avatar
    JORGE ANDRES CAÑON SIERRA 2 years ago
    En Colombia también hay escasez de fuerza laboral formada en TIC. El gobierno se ha dado cuenta de ello y del las consecuencias del detrimento del petróleo en el PIB. Como plan de acción y yendo en contra de la recomendación del autor, el estado ha invertido en otros sectores productivos e incluso da becas para educación superior con el ICETEX. Invertir en el capital humano es provechoso , pero requiere músculo financiero y una estrategia aterrizada.
  • Avatar
    Joe DeJohn 4 years ago
    This really supports why CSOD will continue to be vital to companies who need to compete and grow.