Changing demographics are increasingly raising the bar in the search for talent. How can organizational leaders prepare?
VANCOUVER, Nov. 26 /CNW/ - Karen Hall, Vice President, Aon Consulting Canada, recently released a book that offers guidance for organizations on how to prepare for and manage talent succession planning. The book, Risk Management Strategies for an Aging Workforce, examines why the aging workforce poses serious financial and operational risks to organizations and what can be done to address impending challenges.
The book depicts the shape of a Canadian workforce no longer able to meet or match the requirements of today's organizational hierarchies. And as the Baby Boom generation moves into the retirement years, organizations will find it harder to recruit and retain the talent they need.
"Baby Boomers have been changing the rules and setting trends since they first started exercising their wills at about age two," says Hall. This, coupled with the fact that "a survey of business leaders ranked HR's effectiveness in providing credible advice on workforce planning as No.22 out of 24 HR capabilities," makes it even more challenging for organizations to anticipate and plan for talent succession.
Coined "…a short, readable and practical summary that any business leader or HR professional can use," by Jay Parker, Executive Director, The University of British Columbia Staff Pension Plan, the book details an actionable plan for demographic risk management that will enable organizations to stay ahead of the curve in talent management.
Widely received with positive reviews, the book secured top spot on the list of best-selling Labour and Employment books at Amazon.ca during its first few weeks of issue in September.
About Aon Consulting Canada
Aon Consulting is one of Canada's leading integrated human capital consulting and outsourcing firms. Fueled by the ideas and best practices of 36,000 colleagues in 120 countries, our 800+ Canadian professionals in 12 offices coast-to-coast offer benefits, talent management and rewards strategies and solutions to help clients attract, retain and develop world-class talent. Driven by inspired and independent thinking, Aon Consulting is committed to delivering innovative and personalized business solutions with tangible value to help clients shape their organization into the workplace of the future.
About Aon Consulting
Aon Consulting Worldwide is among the top global human capital consulting firms, with 2008 revenues of $1.358 billion and more than 6,300 professionals in 229 offices worldwide. Aon Consulting works with organizations to improve business performance and shape the workplace of the future through employee benefits, talent management and rewards strategies and solutions. Aon Consulting was named the best employee benefit consulting firm by the readers of Business Insurance magazine in 2006, 2007 and 2008. For more information on Aon, please visit www.aon.mediaroom.com.
Aon Corporation (NYSE: AOC) is the leading global provider of risk management services, insurance and reinsurance brokerage, and human capital consulting. Through its more than 37,000 colleagues worldwide, Aon readily delivers distinctive client value via innovative and effective risk management and workforce productivity solutions. Aon's industry-leading global resources and technical expertise are delivered locally through more than 500 offices in more than 120 countries. Named the world's best broker by Euromoney magazine's 2008 and 2009 Insurance Survey, Aon also ranked highest on Business Insurance's listing of the world's largest insurance brokers based on commercial retail, wholesale, reinsurance and personal lines brokerage revenues in 2008. A.M. Best deemed Aon the number one insurance broker based on brokerage revenues in 2007 and 2008, and Aon was voted best insurance intermediary, best reinsurance intermediary and best employee benefits consulting firm in 2007, 2008 and 2009 by the readers of Business Insurance. For more information on Aon, log onto http://www.aon.com.
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