|
Demographic Shifts – A Challenge for Small Business
Over the next decade, one of the major challenges for all Australian employers – whether large or small - will be to evaluate the impact the aging population will have on their business.
Demographic trends have revealed that we are at a unique point in human history. The trend of early retirement, coupled with the baby boomer phenomena, will see the critical loss of people and their valuable knowledge from organisations over the next 10 to 15 years. This loss coincides with a falling birth-rate and the diminishing growth of young people entering the workforce.
The prospect of labour market tightening – particularly in the skilled professions - will focus attention on mechanisms and practices that will attract and retain talent.
Businesses that wish to remain competitive will need to start planning and developing strategies around:
- Succession planning
- Attraction and retention
- Process documentation and management
- Knowledge capture/transfer
- Career/retirement intentions of key staff
- Transition management
- Risk, OHS and work-life implications
Working with key partners – including Swinburne University’s Centre for Business Work & Ageing ( BWA)– Activetics utilises state-of-the-art systems and tools to assist business owners meet the challenges created by these changing times.
Our services:
- Demographic Audit - the starting point on which strategic decisions are based. Generally, very clear directions for strategic activity are apparent once the age audit results are analysed and presented
- Executive briefings/roundtables – popular means of presenting the age management business case to business owners/leaders
- Retirement intentions surveys and focus groups - provide quantitative and qualitative picture around the intentions of those in the 45+ age bracket to ensure the organisation successfully plans for natural attrition, skills and knowledge that will be lost over the next decade
- Coaching – career and life transitions - provides participants with tools and methodologies to assist with their career options or transition into retirement
- Knowledge capture - using proven systems and tools, we assist organisations capture/transfer knowledge of subject matter experts and mission critical employees
- Process Mapping, Documentation & Process Management – retention of critical business knowledge is fundamental to business sustainability - and a key component of any risk management strategy. Activetics provides a structured array of tools and methodologies that ensure the organisation accurately maps and documents core business processes.
- Integrated Management Systems - Provide tools for the review, design and implementation of operational systems that assist in addressing OHS and HR issues e.g. manual handling, ergonomics, injury management and health surveillance
- Flexibility - we provide practical advice to organisations at all stages in the development and implementation of flexible working practices
|