UGBA 10 Lecture Notes - Lecture 1: Baby Boomers, Manual Labour

• School: Berkeley
• Department: Business Administration Undergraduate Program
• Course: UGBA 10
• Professor: Banks C G

Document Summary

Video: uss aircraft carrier that launches and relaunches aircraft stresses organization and demonstrates that performance matters . Increasing and aging population as demand for service/high skilled labor increases and demand for automatable/low skill jobs decrease: computerization is threatening fixed, repetitive jobs, 3 workforce generations: baby boomers(over 50), baby. Boomers: broad experience, not high tech, homogenous, health issues, less. Boomlets: inexperienced, low commitment, self-directed, tech dominant, flexible interest-oriented: workforce is getting older as boomers stay in jobs to mid-70s and soon there will be a 11 million job gap between busters and. Boomers as boomers retire: workforce is becoming more ethnically and racially diverse through immigration and population growth, increasingly asian and hispanic, workforce is becoming less well-educated as quality of education declines and graduation rate continues to drop. 52% of high school graduates lack basic skills required to do their jobs. 97% of youth hope to go to college but only 30% receive degrees.