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 HOME   New Economy Depends on Over 50s, says U.K. Institution

New Economy Depends on Over 50s, says U.K. Institution

Published by: jane 2010-03-18
[London, ENGLAND] The future of the new economy depends on the over 50s, according to a report published Monday by U.K. world of work advisory group The Industrial Society.

BetterEditor.org Media News: Oct 2, 2007::
are selected based on percentage revenue growth over five years from 2002 to 2006. and education sectors view each other with suspicion, says the new report.
http://bettereditor.org/news/archive/2007_10_02_archive.html
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Authored by analyst Charlotte Thorne, the report entitled "Experience Necessary - the business case for wisdom" notes how dotcoms are increasingly turning to experienced business professionals to take them through their higher stages of growth.

"What businesses are really after is wisdom and that puts older workers in pole position," says Thorne, noting how changing demographics and labor market trends are making the over 50s "a force to be reckoned with."

Thorne divides the over 50s into several groups, to which she has given some highly evocative names. At the top of the tree, she says, are the Warhorses -- the grey-haired chieftains who have previously weathered economic downturns.

W.I.L. Finance Digest for Week of January 8, 2007::
days engender only a secondary impact on the overall economy. over the next several years, that would mean more than 500 million new Internet customers.
http://www.trustprofessionals.com/f-digest/2007/2007-01-08-f.html
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Ojai Valley News October 5, 2005::
Company serves over 1 million. Californians in 10 counties across. Homeowners S o l e c k i , J u l i a B o s s o n , A n n a. Reeser, Lauretta Dominguez,
http://www.ojaivalleynews.com/archives/2005/OVN10-5.pdf
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Among the other groups are the Trusted Guides -- people who have become trusted by consumers in other media and who now front Internet sites. TV antique collecting show host Hugh Scully would probably fit into this category.

However, there are other groups such as the Networkers whose ability to talk to partner companies, especially in Asia where age is venerated, is essential to dotcoms with worldwide ambitions.

Ronald Cohen of venture capitalist firm Apax Partners reports that young entrepreneurs are asking for experienced people because they realize they need them to get their businesses to the stockmarket. Hence, the Strategist is another category singled out in Thorne's report.

NGN Fall 02 final copy::
from this experience pomposity and over- promising while he passed on N e w Yo r k Ti m e s P u b l i s h e r A r t h u r S u l z b e r g e r J r. ( l
http://journalism.berkeley.edu/alumni/ngn-fall2002.pdf
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