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[BUSINESS] · Germany · 2 sources

German firms confront workforce transition as baby‑boomers retire and family businesses navigate succession

German companies are facing a looming labour shortage as the baby‑boomer generation reaches retirement age, creating a skills gap and loss of institutional knowledge. Experts stress the need for digital workforce‑management tools, such as ISGUS’s ZEUS® system, to secure knowledge, optimise scheduling and support recruitment‑4.0 strategies.

Family‑owned enterprises also have a distinctive advantage: a period when outgoing and incoming generations work together, combining experience with fresh, digital‑savvy perspectives. However, many fail to harness this joint potential, treating the overlap as merely a transitional phase instead of a strategic growth opportunity. Effective succession planning that blends the strengths of both generations is presented as a key driver for future competitiveness.

Sources

Die Zukunft braucht neue Wege [www.deutscherpresseindex.de]
about 2 months ago