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Four out of ten managers are over 55. Those under 40 at the top are less than 10%.

Four out of ten managers are over 55. Those under 40 at the top are less than 10%.

MILAN – The fact that Italy has a demographic problem is now a recurring theme. The latest INPS report clearly demonstrated how the working population is increasingly tilted toward older workers. The "problem" also affects top management within companies, and is a significant issue for corporate governance.

The research "The Challenge of Longevity," conducted by Wyser (Gi Group Holding) in collaboration with Intoo, shows that approximately four out of ten managers in Italy are over 55 , and over the last decade, between 2014 and 2023, the share of those over 65 has nearly tripled (+195.6%), while the presence of young people under 40 in senior management positions remains below 10 percent. "These data are a clear sign of an irreversible demographic transformation, profoundly reshaping the balance within organizations and forcing companies to face the challenge of generational transition," the study states.

Marinella Sartori, CEO of Wyser, describes "sustainable generational transition" as one of the main challenges for businesses, which "as such, cannot be improvised." Looking at the report's findings, 88% of managers are aware that aging is a reality that is already transforming work, yet companies still appear unprepared to address it. Indeed, 66% of decision makers consider intergenerational dialogue a critical issue to be managed, while 39% report significant differences in skills between younger and older workers.

So what solutions are available? The research shows that 76% of those over 50 surveyed feel the need for technological training to keep up, while only 25% consider technology an obstacle. Even among managers, 84% say they self-refresh to develop their skills. The digital transition, therefore, is seen as a challenge, but also as an opportunity for growth. "Longevity is no longer a question of the future, but rather the present of Italian companies, and failing to address it with a strategic vision means jeopardizing continuity, innovation, and competitiveness."

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