Some people believe that to give opportunities to the new generation companies should encourage high level employees who are older than 55 to retire. Do you agree or disagree?

Today in the modern world, we have seen so many young companies performing outstandingly well, compared to the generation-old companies. Does it mean, those companies could not meet the expectation's of the current generation or it should be headed by young people. We can discuss both the side and could get
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the
best conclusion.
First
and foremost, companies started a decade ago, particularly in the software field got enormous development, which is aboriginal or the brainchild of the individual. As a startup's, they are developed by implementing more convenience to the common people,
such
as e-commerce and mobile banking as well as
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the
a
wallet.
Secondly
, those establishments need aggressive employees to align with
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the
current scenario, where the old people failed to overcome. As an example, Facebook is a social media company started by Mr.Mark Zuckerberg, which earned massive attention and huge monetary, where the working population is almost less than 40 years, which is not dominated by 1960's employees. On the other scenario, decade's old companies led by individual's who are more than 55 have stability in the market. They did not post a massive growth year on year, but they are improved at
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a
slow pace, but stable. As an example, L&T Construction is an enterprise which is centenary old, they overcome so many difficulties,
such
as natural disasters, Government change and war. They got
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to
experience over several years, how to handle the cumbersome situation. It could not be asserted that old aged society could not run a successful firm. As a conclusion, I would rather agree or disagree to replace the old personalities with the young blood, a firm can run successfully by aggressive Millenium generation led by experienced folks, which would be an optimal solution.
Submitted by bjbharathkumar on

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