Published by:
Harvard Business Publishing
Length: 7 pages
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https://casecent.re/p/48477
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Abstract
Research in nine companies indicates that a large number of older but valuable managers have plateaued; that is, they now have few if any opportunities for promotion or substantial increases in duties and responsibilities. This is due to declining rates of corporate growth and increasing numbers of younger, aggressive candidates competing in the managerial pool. A by-product of this problem is the resentment and friction between the "young Turks" and the "old guard". The editors of HBR invited four business leaders to study this common problem. They share their reactions and suggest possible solutions.
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Abstract
Research in nine companies indicates that a large number of older but valuable managers have plateaued; that is, they now have few if any opportunities for promotion or substantial increases in duties and responsibilities. This is due to declining rates of corporate growth and increasing numbers of younger, aggressive candidates competing in the managerial pool. A by-product of this problem is the resentment and friction between the "young Turks" and the "old guard". The editors of HBR invited four business leaders to study this common problem. They share their reactions and suggest possible solutions.