This Week's Herman Trend Alert The Consequences of Virtual Meetings

The Herman Trend Alert December 3, 2003 Global Demographics The characteristics of human populations and population segments, known as demographics, influence consumer markets, workforce composition, school enrollment, and a wide range of other aspects of our intricate interwoven society. The demographics of a community, a country, or the world are carefully considered by forecasters. Implications of current, changing, and future demographics can have far-reaching impacts on human conditions. The demographics of the United States shape the composition of the labor pool, guiding workforce strategists and recruiters. Who will be available to work? What personal or societal conditions will determine what sorts of people will work…and why? As our economy picks up and people have more choices about their employment opportunities and careers, what decisions will they make? What type of work will they seek? How much and how long will workers choose to be on the job? How will desired lifestyles influence their choices? Just as this issue is emerging as a vital concern in the United States, citizens of other countries around the world will face similar questions. The growing global economy will provide opportunities in many geographical areas and many employment fields. Jobs moving from the United States to other countries will influence global workforce demographics, shifting buying patterns in business and consumer markets. These shifts will create more jobs in the United States and in other countries. Observing demographic trends in various states, countries, and regions will provide insight into potential scenarios. For instance, China will experience a dramatic population aging over the next 50 years. The most recent population projection from the United Nations expects that China will have about 630 million people age 50 and above in 2050. At anticipated rates, we expect that there will be only about 78 million children below the age of 5 and just 324 million children and teenagers below the age of 20. This trend suggests that by 2050 China will have almost twice as many people above age 50 than below age 20. This example, from just one country, will influence consumer buying, workforce composition, healthcare, education, and similar major aspects of society---national and global. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." BACK BY POPULAR DEMAND: RETENTION SPECIALIST PROGRAM A growing number of people have expressed an interest in attending our Employee Retention Specialist Certificate Program. We'd like to schedule on that's convenient for those who want to attend, but need your feedback to do so. Please place RETENTION SPECIALIST in the subject line and Joyce will personally call you back to schedule the workshop. Or you can call Joyce directly at 336-210-3548 (PDT this and next week). BUSINESS IS PICKING UP Most employers are unprepared. The recovery will bring a new set of challenges for employers that have been in prolonged contracted mode. They will need more skilled workers or will need now to begin to upskill their current staffs. But organizations can not engage in Strategic Workforce Planning, when they don't know how. That's where The Herman Group can help. We can help you with your "People Review"----large or small---so that you will know who you will need and when you will need them. . . and we can also guide you to the best sources for the people you will need. For more information, call Joyce at 336-210-3548 or e-mail joyce@hermangroup.com. FIND OUT WHAT YOUR EMPLOYEES REALLY THINK AND FEEL Discover what’s really going on in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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