The Changing US Workforce

Going forward distributors should consider how these trends affect your business and the markets you serve.

Four primary characteristics were reported on in 2007 on the broad trend of the the changing US workforces, they were:

• It is aging.
• There is slower labor force growth.
• The workforce composition is shifting.
• There is more diversity.

Going forward distributors should consider how these trends affect your business and the markets you serve.  What will happen to your customer and supplier base over the next 10 - 15 years?  Distributors should also evaluate how their workforce strategy is tied to your overall business strategy.  Finally, they should consider recruiting, development and retention plans that reflect and adjust for these trends.

ACTION POINT: Look deeply at your where your work force is and where it needs to be in light of these trends.