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Companies should plumb retired leaders' experience

They can do this by creating pathways within their organisation that enables their ageing leaders to share their experience with the next echelon of leaders.

Singapore's greying demographic is reflected within companies, which should rope in their retired leaders as executive coaches for the younger generation. This mentoring can soften the impact of the lack of a succession plan.

SINGAPORE will grow older faster than nearly every other society in the world, Prime Minister Lee Hsien Loong warned during his speech at the Singapore Management University's Ho Rih Hwa Leadership in Asia lecture last year.

The Singapore Department of Statistics disclosed that there were...