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From the Editor

Rich FedericoWelcome to the latest issue of The Federico Column, focusing on the journeys of a few great companies.

Featuring...

MITRE's Bill Albright, Director for Quality of Work Life & Benefits, explains why and how this Fortune 100 Best company is focusing on its aging workforce.

Also...

Ocean Spray's Katie Morey, Vice President, Human Resources and Organizational Development, tells us about her company's Employee Engagement Project.

The Federico Forum features excerpts from Battling to Be the Best, including Fortune 100 Best:  Mayo Clinic, Texas Instruments and Stew Leonard's.

And don't forget to check out the latest Fortune, Working Mother, SHRM and AARP “Best” lists.

Enjoy!


Editor, Managing Partner of
Workplace Innovation
and author of Battling to Be the Best.

RichardFFederico@yahoo.com
w 203.459.0773

c  203.260.3799

Workplace innovations that create a better workplace...
Featured Guest:

Bill Albright , The MITRE Corporation

How MITRE Supports its Mature Workers

By Bill Albright, Director for Quality of Work Life & Benefits

MITRE Headquarters
MITRE Center in
Bedford, MA

Last year I had the privilege of joining with Nike, a fellow member of Fortune’s “100 Best Companies to Work For” list, as a speaker at the Great Place to Work conference. The topic was “Retaining and Managing an Inter-Generational Workforce.”  My focus was on how MITRE supports the mature workforce. It was nice to be invited to speak because it recognized MITRE as being in the lead on these issues.

 

We have a great story to tell about the value of the programs we have in place for mature workers. But, first, it’s important to understand why we do the things we do to support this age group.

 

The Challenge of an Aging Workforce

As a not-for-profit company chartered to work in the public interest for our government sponsors, we must provide agencies with technical excellence and “institutional memory.”  To achieve this, our technical staff must have the right mix of practical experience, maturity, judgment, and information technology skills. With regard to maturity, we have a challenge ahead.  Our workforce is aging, with many having retirement eligibility.  The average age is 47, and about half of our workforce has more than 25 years of service.  So to avoid jeopardizing one of our greatest attributes – institutional memory – we gave considerable thought to how we manage our wealth of knowledge and technical skills.  Knowledge management improves our environment in a number of ways, including: 

  • Connecting people across the enterprise to facilitate the collaboration process
  • Capturing and retaining a knowledge base to support the use of expertise and community knowledge
  • Providing information technology infrastructure and services to support the management of the company’s intellectual capital
  • Cultivating a corporate culture that provides incentives for the creation, sharing, and use of knowledge.

 

To help leverage our knowledge-sharing culture, we’ve initiated a number of programs and tools that help our employees access and share

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The Major "Best" Lists

Visit the latest "best" lists:

Fortune (also the link for SHRM's list)
FORTUNE's "100 Best Companies to Work for"® list is administered by the Great Place to Work® Institute.

Working Mother
The Working Mother100 Best is now in its 22nd year.

AARP
This annual recognition program honors organizations that value the 50+ workforce.

 

 

Federico Forum

Excerpts from Battling
to Be the Best

By Richard Federico

Four Fortune 100 Best Companies to Work For share their insights about being one of the "best of the best."

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Ocean Spray Cranberries

Ocean Spray's Journey
to the Next Level

By Katie Morey

The "ride to greatness" demands an engaged work-force that can help change a company's direction.

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