Leading and managing amid disruptive demographics
By Cheryl Meyer
The United States as we know it is changing: Roughly 10,000 Americans are turning age 65 daily; the southern states represent over half of the nation's population growth; fertility rates are dropping, especially among white women; and people of color make up the fastest growing demographic group, states James H. Johnson Jr., a demographic expert and professor of strategy and entrepreneurship at the University of North Carolina at Chapel Hill. Johnson gleaned that information mostly from the U.S. Census Bureau's American Community Survey and Current Population Survey.
"The disruption is very predictable," he said. "But you're going to lose your shirt in the marketplace if you don't understand how disruptive demographic changes are transforming your business."