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

Jan Fabisiak () and Sergiusz Prokurat

Journal of Entrepreneurship, Management and Innovation, 2012, vol. 8, issue 4, 83-96

Abstract: 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: demographics; age management; employment; age-oriented strategy; working practices (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:aae:journl:v:8:y:2012:i:4:p:83-96

DOI: 10.7341/2012846

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