The University of Maryland’s Robert H. Smith School of Business welcomed executive MBA (EMBA) alumni, current students, faculty, and administrators to a special networking event on April 17, 2012, at The Mayflower in Washington, D.C.
Professor Joyce E. A. Russell – Distinguished Tyser Teaching Fellow and Senior Executive Education Fellow and newly appointed vice dean of the Smith School – led a discussion on the changing nature of the workforce, along with the following alumni panelists:
- Sue Adams, U.S. Department of Labor - EMBA Cohort 1
- Liam Brown, Marriott International - EMBA Cohort 3
- Heath Campbell, BB&T, Current Student - EMBA Cohort 11
- Karen Reinhardt, Lockheed Martin - EMBA Cohort 10
On January 1, 2011, the oldest members of the 78 million member Baby Boomer generation celebrated their 65th birthday. Starting on January 1, approximately 10,000 Baby Boomers a day turn 65. The birth of this generation launched new directions in society so too will the retirement of these same individuals impact the workforce and cultures of companies across industry and geography.
Organizations will have to understand both the opportunities and challenges presented by a workforce that is drastically changing. The Millennial generation will have more opportunities than previous generations as employers redefine what makes an applicant competitive for a position. They will impact the culture of a company with their technical savvy and vastly different attitudes towards work/life balance and motivation in the workplace.
The panel discussed how various stakeholders are responding to these challenges and the implications for the government, the military, the medical profession, and different types of business organizations.
If you are interested in the EMBA program at Smith, visit: www.rhsmith.umd.edu/emba. Classes are now forming for January 2013.
Special thanks to Don Kandel (EMBA Cohort 9) for volunteering to be the event photographer.