Training skills and implications of an aging workforce Essay

Training skills and implications of an aging workforce - Essay Example Majority of organizations remain imprudent at best in their endeavor to supervise their personnel from retirement suitability to time or cost indispensable to fill an empty position. Such entities lack precious information, which is helpful in guiding and regulating future plans to respond to departing workers. Many baby boomers are likely to exit from organizations in the coming years. Upon their departure, they take away valuable knowledge and experience with them, which negatively impacts the organization (Davidson, Lepeak, & Newman, 2007). The ageing population in Europe and other modern nations and its impacts on the labor market with regards to the balance of labor scarcity or the outflow of personnel and likely costs is more than organization’s concern. The debate is dominating the political arena, with economic viewpoints on possible considerations also up-and-coming in the debate. For illustration, a recent report by the OECD laid out policies and punishments for orga nizations for laying-off elder workers. This course of action may have negative effects as it may lessen hiring rates of older workers. From this policy, commendations are clear as to the best kind of employment protection for ageing workers. That is, to increase their employability and increase the range of employment opportunities more generally. Several fields of action are set out, namely enhancing lifelong learning, the adaptation of training methods to the needs of ageing workers, as well as, the promotion of the delayed retirement of this group of employees. Some of the key barriers that may hinder improvement of older workers employability are; poor working conditions, poor or lack of public services to assist aging workers in their special needs, and their lower participation in training. Inflexible working schedules also hamper training needs to increase employability of ageing workers. Sufficient online services may partially fill of the gaps and offer additional services . A recent study of the Glasgow area holds that the use of ICT and online services provided in a community based course to unemployed people empowers them to accomplish high levels of income and skills for future jobs (Cabrera & Malanowski, 2009). Whenever the subject of the ageing population is mentioned, pointers always go for the baby boom generation, which generally refers to people born in 1946 to 1964. These people are likely to exit employment in the coming years. Ageing population is further compounded by attributes of generations following the baby boomers into the workforce, in relation to their volume, enthusiasm and skills. Subsequent generations following baby boom experienced fairly low birth rates, leading to lesser people entering the workforce to fill the gaps left by exiting workers. In addition, the generation X, Y, and Z are associated with high turnover rates. Indisputably, the ageing labor force will impact organizations in different ways, and the impacts depen d on numerous factors. These are such as the present workforce, demographics and future capacity to attract substitute personnel. A critical examination on the potential impact of the ageing workers can aid organizations to initiate practical human

Explain How Advertising may be used as Barrier to Entry of New firms Coursework

Explain How Advertising may be used as Barrier to Entry of New firms Into an Industry - Coursework Example Now both these definitions focus on how advertising is seen as a significant metaphor for marketing a product or service which holds importance within the realms of an organization (Starbuck, 2010:49). This paper discusses how advertising has been used as a barrier towards entry of new firms within an industry which can even span another country or region for that matter. The need is to understand how different sorts of advertising exist within the world of marketing. These could be comprised under the product advertising, service level advertising, consumer advertising, business to business (or trade) advertising, digital advertising, experiential advertising and a number of other tenets that are given significance. Essentially speaking, all forms of advertising look to address where the customer is headed and how to draw his attention which shall eventually make a sale if he feels interested (Molho, 1994:66). Advertising allows him to feel interested, get away from the competing products or services that stand in the way of this product or service which is being advertised, and so on. Advertising can be used for a number of reasons and when the need is to act as a barrier to entry of new firms within an industry, its objective becomes different. This is because advertising aims to make a sale but if the end goal is to disallow others to come forward and avoid their sales process, then perhaps this form of marketing communication is playing a somewhat distinctive role in entirety (Zottola & Parr, 2014). Advertising has changed its shape and form with the passage of time. Now the big players are doing their utmost to forbid others from entering their respective line of business. Bigger brands are doing it all the time (Tremblay, 2001:145). They are enacting strategies that shall make this happen in one way or the other. However, what must be comprehended here is the reason as to why advertising is being used as a barrier to entry and