UGBA 10 Lecture Notes - Lecture 18: Organizational Culture, Candela, Mini Cd

• School: Berkeley
• Department: Business Administration Undergraduate Program
• Course: UGBA 10
• Professor: Briginshaw

Document Summary

Performance on individual level matters (carrier example life or death) Generations w/ in workforce baby boomers (1946-64) 50-68 yrs. Workforce is getting older more boomers in current workforce than other two generations, median age of the current workforce is 42. 1 up from 35 in 1980. Proportion of workers 55+ is expected to increase from 13%in 2000 to 23% in 2010. Work force is getting smaller- fewer ppl entering the workforce than those leaving the workforce. 77 million boomers will be replaced by 66 million busters -> 11 million person gap. Annual population growth has slowed from 2% in 1980 to 0. 8% today. Annual workforce growth slowed from 2. 6% in 1980 to 6% today. Population growth is slowing and so is the labor force. Workforce is becoming more racially and ethnically diverse management styles based on a homogenous workforce (predominately white), may not play well w/ more diverse workforce.