The ‘Wisdom Capital’ of Older Workers

olderworkersAn article by a Brazilian scholar argues hat older workers (age 55+) possess “wisdom capital” that is an extremely valuable asset to any organization.

Anselmo Ferreira Vasconcelos writes in Older Workers  as a Source of Wisdom Capital: Broadening Perspectives that older workers know the organizational culture better than any other group inside the company.

“They tend to keep in their minds those failures and successful ideas, projects, initiatives, and leaderships, which added or not value throughout their trajectories, as well as things that worked out or not. and are informed by the organization’s past successes and failures. Fundamentally, they are able to provide answers to vital questions,” he writes.

In an era of uncertainty and disruptions, older workers display wisdom and qualities that are “absolutely necessary” to improving organizations.

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