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The Next Generation of Leaders in Corporate America

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The largest generation of American workers is reaching the age of retirement. The Generations following the Baby Boomers need to prepare to take over the senior management roles being left empty by this exodus. Corporations need to prepare for this transition before they face a predicament of not having qualified leaders in place before the Baby Boomers retire. The way members of Generation X and Y lead will be very dissimilar to what corporations have seen during the reign of the Baby Boomers. Likewise, members of Generation X and Y will expect more from corporations as it pertains to life work balance and culture of the workplace.

The Next Generation of Leaders in Corporate America

With many corporations having an aging workforce, it is no wonder they need to start thinking about the next generation of leaders. The sons and daughters of America’s greatest generation, the Baby Boomers, are now heading towards retirement. With the largest generation of Americans getting ready to leave the workforce, many who are currently leaders in their corporations, corporations are starting to prepare the next generation of employees who will lead their corporations into the future. What are American corporations doing to prepare for this transition? Who will fill these positions? What are the next generations of upper management personnel doing to prepare themselves to fill this void of upper management?
January 1, 2011 was the day that many American workers started to turn 65. This is when the largest generation of workers, the Baby Boomers, will begin to retire. The Pew Research Center states for the next 16 years, roughly 10,000 Baby Boomers turn 65 everyday. Also by the year 2030 all of the Baby Boomers will have turned 65 years of age. For the next 16 years many American corporations will be losing a large

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