It is a common practice conducted by HR (Human Resources) departments in most western companies to substitute senior staff for younger ones. This policy might be questionable since HR managers favor new ideas and enthusiasm over experience. I, as a recent graduate student, support the practice because it is a natural process of ageing.
Japan management can be considered to be the most efficient and reliable than other types of management. It is unlikely to see a young in a top manager position in Japanese companies since the positions are occupied by experienced senior employees who have passed through many economic crises and accustomed to intense competitive markets. Therefore, Japanese entities such as Toyota, Sony, Mitsubishi, etc. are often found among the world’s top ranked companies. Nevertheless, markets and industries have significantly changed compared to the last century. Nowadays organizations run by young managers ensure niches in industries and successfully compete with the giant companies. This phenomenon is explained with the fact that young top managers are full of new and audacious ideas which contribute in their success.
Most senior ex-employees who used to work in high positions in companies claim that they have left little time to enjoy the life. Top managers tend to resign at their late 60’s or even 70’s after devoting youth and a great majority of time to the companies they worked. Consider the fact that in most countries the lifespan is 75 years, thus, those managers approximately have 5 to 10 years. This time might not be enough for enjoying with ones’ families. Therefore, it would be humane to encourage top managers to retire at age of 55 so they could have more time to devote to their families.
Encouraging employees in high positions to leave at the age of 55 can be beneficial for both the employees and their successors since the seniors can have more time for family, and the successors can bring innovation.
It is a common practice conducted by HR (Human Resources) departments in most western
companies
to substitute
senior
staff for younger ones. This policy might be questionable since HR
managers
favor new
ideas
and enthusiasm over experience. I, as a recent graduate student, support the practice
because
it is a natural process of
ageing
.
Japan management can
be considered
to be the most efficient and
reliable
than other types of management. It is unlikely to
see
a young in a
top
manager
position
in Japanese
companies
since the
positions
are occupied
by experienced
senior
employees who have passed through
many
economic crises and accustomed to intense competitive markets.
Therefore
, Japanese entities such as Toyota, Sony, Mitsubishi, etc. are
often
found among the world’s
top
ranked
companies
.
Nevertheless
, markets and industries have
significantly
changed
compared to the last century. Nowadays organizations run by young
managers
ensure niches in industries and
successfully
compete with the giant
companies
. This phenomenon is
explained
with the fact that young
top
managers
are full of new and audacious
ideas
which contribute in their success.
Most
senior
ex-employees who
used
to work in high
positions
in
companies
claim that they have
left
little
time
to enjoy the life.
Top
managers
tend to resign at their late
60’s
or even
70’s
after devoting youth and a great majority of
time
to the
companies
they worked. Consider the fact that in most countries the lifespan is 75 years,
thus
, those
managers
approximately have 5 to 10 years. This
time
might not be
enough
for enjoying with ones’ families.
Therefore
, it would be humane to encourage
top
managers
to retire at age of 55
so
they could have more
time
to devote to their families.
Encouraging employees in high
positions
to
leave
at the age of 55 can be beneficial for both the employees and their successors since the
seniors
can have more
time
for family, and the successors can bring innovation.