And after reviewing the qualitative data, the researchers identified three major areas of concern:
- Culture Change--"some view this as a strategic opportunity to reshape their organizational culture in a new and desirable direction."
- Knowledge Gap--"As older employees leave, their talent, knowledge, deep relationships and extensive, on-the-job training exits with them. These are elements that simply cannot be replaced through the hiring of recent college graduates."
- Leadership Gap--"Respondents were also concerned about the loss of leadership knowledge, skills and abilities." However, again, others view upside of the situation, by bringing a welcome opportunity for new leadership.