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

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 A...

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Main Authors: Jan Fabisiak, Sergiusz Prokurat
Format: Article
Language:English
Published: Cognitione Foundation for the Dissemination of Knowledge and Science 2012-01-01
Series:Journal of Entrepreneurship, Management and Innovation
Subjects:
Online Access: http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue4/JEMI_Vol_8_Issue_4_2012_Article_6.pdf
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author Jan Fabisiak
Sergiusz Prokurat
author_facet Jan Fabisiak
Sergiusz Prokurat
author_sort Jan Fabisiak
collection DOAJ
description 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.
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spelling doaj.art-af07aa9c49f84b6abb7f69563bd475b32023-11-02T00:52:23ZengCognitione Foundation for the Dissemination of Knowledge and ScienceJournal of Entrepreneurship, Management and Innovation2299-73262012-01-0184839610.7341/2012846Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its CharacteristicsJan FabisiakSergiusz Prokurat0 Wyższa Szkoła Gospodarki Euroregionalnej w Józefowie 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. http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue4/JEMI_Vol_8_Issue_4_2012_Article_6.pdf demographicsage managementemploymentage-oriented strategyworking practices
spellingShingle Jan Fabisiak
Sergiusz Prokurat
Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics
Journal of Entrepreneurship, Management and Innovation
demographics
age management
employment
age-oriented strategy
working practices
title Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics
title_full Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics
title_fullStr Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics
title_full_unstemmed Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics
title_short Age Management as a Tool for the Demographic Decline in the 21st Century: An Overview of its Characteristics
title_sort age management as a tool for the demographic decline in the 21st century an overview of its characteristics
topic demographics
age management
employment
age-oriented strategy
working practices
url http://jemi.edu.pl/uploadedFiles/file/all-issues/vol8/issue4/JEMI_Vol_8_Issue_4_2012_Article_6.pdf
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