Millennials - The Future of Manufacturing
Keywords: Baby Boomers, Millennials, Retirement, Aging, Demographics, Training, Mentoring, Skill Gap, Retention, Automation, Manufacturing.
The automation and manufacturing industries face a difficult challenge – the mass exodus of the "Baby Boomer" generation. Baby Boomers have started to retire and, as a result, industry is losing critical experience. Manufacturers and other industrial organizations look towards the Millennial generation, those born between 1981 and 2000, to replenish their ranks with new talent.
Soon to be a significant proportion of the workforce, this tech-savvy Millennial generation represents the future of manufacturing. With a demographic shift in the horizon, industry must develop strategies on how it can attract, develop, and retain the Millennial generation workers. Manufacturers should be cognizant of the impending diversification of their talent pool, not only in terms of age, but also in the way these new workers solve problems, interact with technology, and approach their careers. By understanding these differences and then designing processes, training, and other programs keeping Millennials in mind, organizations can go a long way toward helping Millennials succeed in industry, while helping to ensure the organizations' continuity.
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