Combating the Brain Drain

UK Demographics
Demographics in the public sector

24 and 25-34 35-44 45-54 55-64 65 and

under over
Whole 14% 23% 24% 23% 13% 2%
economy

Local 6% 20% 26% 29% 16% 2%

govt

Public 6% 21% 26% 29% 16% 2%

sector

Private 17% 24% 23% 21% 12% 2%

sector
The cost of lost knowledge

 How smart are you?

 How do you contribute?

 What is stopping you?

 What types of knowledge

will I lose?
Our Strategy

1. Understand where you are

2. Manage your talent

3. Manage your knowledge

4. Manage professional development

Understand where you are

• Not all people are the same

• Different knowledge has

different impact

• Beware of cultural implications

• This has to be done by the

whole company
Manage your talent

 Are you attracting younger people?

 What values do Gen Y seek?

 What is their motivation?

 How do they communicate?

 What management style do they respond to?

Manage your knowledge
Manage professional development

• Mentoring

• Training

• Succession Planning
Where to go from here

 Map your knowledge

 Retain key skills as long as you can

 Work to recruit talented youngsters

 Transition knowledge from old to young

 Build this into a culture of knowledge sharing