In addition to deflating your 401(k), one thing the recession did was to delay the baby boomer brain drain for a while. Good news, right? The flip side is those boomers who are sticking around longer are clogging up the leadership pipeline for the younger workers behind them. Is your organization dealing with the compression of generations in the workforce, and how are you engaging younger workers who might have to wait longer than they anticipated for that promotion?
I don't think we have really felt the full effects of this yet. My company has been sharpening its business focus and realigning its talent over the last few years. This has created a lot of movement inside - and out of - the company. When roles need to be filled, people who are ready for them get the assignment regardless of generation. My boss is 10 years younger than me.