The U.S. workforce is headed for a dramatic shift. As baby boomers retire, organizations will face a growing shortage of experienced workers and a significant talent gap. In the following infographic, MBA@UNC takes a closer look at the effect that baby boomers have in the workforce today, how their retirement will affect the businesses of tomorrow and what companies can do to leverage senior talent and prepare for the future.
How much is your privacy worth? In the data broker industry, everything from personal identifying data to social media data to health data is packaged and sold to the highest bidder for annual revenues of almost half a billion dollars per year. Some individuals have also claimed a piece of this pie, with entrepreneurs selling their personal data for sums of anywhere from $2 to close to $3,000.
Women today are making professional strides at an unprecedented level. Women are starting businesses at 1.5 times the national average, a 20 percent increase over the last decade. Women are also pursuing higher education in record numbers; women now hold more bachelors and graduate degrees than men.
Three out of four graduates say they could not have obtained their current job without their graduate business education. Take a look at the infographic we created that demonstrates the ROI of an MBA.
When it comes to the so-called "war for talent," many companies remain focused on the potential of younger hires. However, in today's economic landscape, organizations must make a shift to leverage the potential of the mature workforce in order to compete on both a domestic and international level.
Millennials, also known as Generation Y, are entering the workplace in record numbers. They are idealistic, diverse, digitally-enabled, social and perhaps most importantly, ambitious. While these are all traits that can make a positive impact on your organization, it is a tall task to retain and motivate millennials for a variety of reasons.