Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics

• Authors: Jan Fabisiak , Sergiusz Prokurat
• Languages of publication: EN

Abstracts

EN

This paper sets out to study recent developments in the relatively new area in management theory- Age Management. First the general labor and financial market conditions are specified which have led to the growing need of an age-oriented strategy for employment in the company. Next the concept of Age Management is defined, both from the macro, enterprise-level and individual perspectives. The next section studies the benefits derived from implementing Age Management for the company and its employees, followed by a section on specific Age Management tools and measures. The penultimate section explores the prerequisites for successful implementation. This paper finds that Age Management as a concept is gaining ground, predominantly in managing and retaining near-retirement-age workers. Concluding, we find that there is a significant need for more comprehensive Age Management and effective Age Management measures to maintain firms’ and economies’ competitiveness in the face of demographic decline.

Keywords

EN

demographics; age management; employment; age-oriented strategy; working; practices

• Publisher: Fundacja Upowszechniająca Wiedze i Naukę "Cognitione" / Wyższa Szkoła Biznesu – National-Louis University
• Journal: Journal of Entrepreneurship, Management and Innovation
• Year: 2012
• Volume: 8
• Issue: 4
• Pages: 83-96

Contributors

author

Jan Fabisiak

• M.A., Economist

author

Sergiusz Prokurat

• M.A, Economist, Wyższa Szkoła Gospodarki Euroregionalnej w Józefowie