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The Corporate Implications of Longer Lives
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The Corporate Implications of Longer Lives

Lynda Gratton and Andrew Scott
MIT Sloan Management Review, 2017
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Living beyond 100 years may soon become the norm for children in advanced economies, and companies must adjust their HR policies. Writing for MIT Sloan Management Review, researchers Lynda Gratton and Andrew Scott of the London Business School lay out how corporations can adjust their structures to accommodate longer lifespans and longer careers. 

Take-Aways

  • The employment models and career management policies of most companies don’t account for the fact that many young and middle-aged workers today will live beyond the age of 100. 
  • Corporations must adapt to longer working lifespans by investing in employees’ “intangible assets” and by taking a more flexible, “multistage” approach to managing careers.
  • Career management policies must put more emphasis on continual skill development and creating a healthy work-life balance for employees.

About the Authors

Lynda Gratton and Andrew Scott are professors at the London Business School and co-wrote The 100-Year Life: Living and Working in an Age of Longevity.

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