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In partnership with the Council on Foreign Relations, SSA & Company hosted a group of CEOs and leading partners of the private equity industry at The Los Angeles Country Club for a discussion on the world’s aging population and its implications for business. The roundtable featured Michael Hodin, Adjunct Senior Fellow at the Council on Foreign Relations; Executive Director of the Global Coalition on Aging; and author of an age-related blog on The Fiscal Times. The event was moderated by David Niles, President of SSA & Company and hosted by Scott Miller CEO of SSA & Company. Below we offer some of the key insights shared at the meeting
The companies that take advantage of aging demographic transformation – through workforce management and customer segmentation – will be big winners. |
“No other force is likely to shape the future of national economic health, public finances, and policymaking as the irreversible rate at which the world’s population is aging.”3 |
…the big market opportunity for consumer businesses will be the 50-75 year-old population, not the 20-35 year old population. |
[i] alz.co.uk
[ii] a Standard & Poor’s “Global Aging 2010: An Irreversible Truth”
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