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Survey of demographic challenges and discussion of human resource management strategies

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  • Schwarz, Doreen
  • Hipp, Christiane
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    Abstract

    Human resource management is one of the key factors in the productivity, growth and value of companies in which knowledge plays a key role. However, especially the shrinking of industrialized societies, in which the population is ageing rapidly, will dramatically influence the structure of the labor force in the next 10 to 15 years. Fortunately, decision-makers and human resource managers are increasingly responding to these challenges and drawing up strategies for managing the future of their corporations. But up to now many long-term concepts have been developed. Instead, short term activities focusing on recruiting and advertising/ self-promotion are given more attention. This is alarming. The authors of this paper compare the development of the populations in different countries and devise approaches to human resource management in times of change. Several long term strategies from different countries will be presented and the effects on headcount, productivity, qualifications, and knowledge will be discussed from a personnel economics point of view. --

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    Bibliographic Info

    Paper provided by Brandenburg University of Technology (BTU Cottbus), Chair of Organization, Human Resource & General Management in its series Working Paper Series with number 2.

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    Date of creation: 2007
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    Handle: RePEc:zbw:btuopu:2

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    Postal: Postfach 10 13 44, 03013 Cottbus
    Web page: http://www.tu-cottbus.de/fakultaet3/de/personalmanagement/
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    Related research

    Keywords: Demography; labor force potential; HRM; dynamic effects; strategies;

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    1. Börsch-Supan, Axel & Düzgün, Ismail & Weiss, Matthias, 2005. "Altern und Produktivität: Zum Stand der Forschung," MEA discussion paper series 05073, Munich Center for the Economics of Aging (MEA) at the Max Planck Institute for Social Law and Social Policy.
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