Age-onomics…The New Economics of Aging

by | Traveling

BMW has always made great cars but in 2013 achieved some of the best staff productivity improvements in the auto industry. But it was not through better software or robots…but a focus on accommodating its aging 50+ German workforce.

With over 1 Billion people over the age of 50 in the world today this profound “age-onomics” shift is shaping new ways to do things from health care, transportation to home retrofitting. In the US alone, there are 100 million 50+ people which make up the third largest economy (after the US and China) and a demographic with the largest discretionary spending.

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