- Paperback: 230 pages
- Publisher: Logan Square Press (February 4, 2011)
- Language: English
- ISBN-10: 0981786936
- ISBN-13: 978-0981786933
- Product Dimensions: 5.5 x 0.5 x 8.5 inches
- Shipping Weight: 10.4 ounces (View shipping rates and policies)
- Average Customer Review: 4.6 out of 5 stars See all reviews (27 customer reviews)
- Amazon Best Sellers Rank: #543,116 in Books (See Top 100 in Books)
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When the Boomers Bail: A Community Economic Survival Guide Paperback – February 4, 2011
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More About the Author
Since becoming a professional economic developer 28 years ago, Mark has designed and managed four economic development programs: Mesa del Sol, in Albuquerque, N.M., 2004-2008; Santa Teresa, N.M., 1998-2004; Rio Rancho, N.M., 1986-1998; and Grants, N.M., 1983-1986. Under his direction, these programs procured more than 80 corporate locations accounting for more than 23,000 new jobs, 6 million square feet of industrial space, and $11 billion in new investment.
Most recently, Mark was vice president of economic development at Forest City Enterprises and Covington Capital, where his business unit was responsible for the design and execution of the economic development plan for Mesa del Sol.
He is a frequent conference speaker and author of "When the Boomers Bail," a book about how new economic and demographic realities are changing the economic development game. He also writes a monthly column for the New Mexico Business Weekly Reinventing Economic Development and blogs on economic development at MarkLautman.com.
Mark is a 1971 graduate of the University of New Mexico in Economics, Architecture and Geography and a former Peace Corps Volunteer. He and his wife live in Albuquerque, N.M. They have three children and three grandchildren.
Top Customer Reviews
That's a big idea and according to Lautman the secret sauce in an effective economic development program. Your economy has to grow faster than your population. Sounds simple right? In this thought provoking book, he explores the powerful demographic changes facing our communities, our country and our world that make the business of growing jobs look like the least of our problems.
I think we all understand the linkage between and a healthy growing economy and productive and growing workforce development. Today's unemployment rate makes it easy to focus on job creation as the fix, at least in the short term, to our problems. What I think we don't understand intimately enough is the affect the boomers exiting from the workforce (and the unpreparedness of our younger generation) will have on our communities. Maybe even worse, we aren't even looking at the problem through the right lens.
In this 200 page book, Lautman introduces a number of different lens (maybe too many?) to evaluate the magnitude of the problem. Part One covers the forces in play changing dramatically the workforce "pie" and the distribution of the Too Old, Too Young, Qualified and Unqualified. To be honest, this chapter scared me. A lot. He uses some great charts to illustrate the demographic changes that will alter the future availability of the capital so vital to supporting economic growth - human capital.
Part Two explores communities, why they're important and how the "weak side" of the economic development equation will become a dominant determinant in the effectiveness of your economic development programs. I loved this section's emphasis on base economic jobs and just how economies grow.Read more ›
In my workshops and programs that I lead, I continually use Mark's five economic development program types: hostile, clueless, tooth fairy, opportunistic and strategic. The book helps you, the community leader, the elected official, the economic developer understand what your problems, why your population is growing fatser than your economy and what you need to do about it.
This is a must read! Don't take a community leadership position, or become an elected official without it!!!!!
Lautman reiterates Richard Florida's sentiment on how the geographical areas we choose to live in (or are otherwise reluctant to leave) will play a crucial role in defining our lives, as many communities are stripped away of skilled workers and left with a deficit of unqualified workers leading to collapsed communities, unable to drive their economies.
Rather than throw out half-baked solutions, it appears Lautman is searching for a deeper and more meaningful approach, which I surmise may show up in future works. His videos on youtube are also worth watching, as he comes across as someone whom is knowledgable and with a deep concern for humanity.
There is a quality to Lautman's writing similar to that of Alvin Toffler, who made many accurate observations and predictions with his bestsellers, "Future Shock" and "The Third Wave."
Overall "When The Boomers Bail" is a genuine and good read with a great deal of insight. Well done.
Most Recent Customer Reviews
Good information for the Economic Development Professional.Published 8 months ago by Bradley W Barth
Finding ways to engage junior and senior high school students in education until they find a career goal that sparks their enthusiasm and energy is critical for the future of our... Read morePublished 20 months ago by Richard P Groves
This book may seem depressing but it is a very accurate read of what is going on with the economy. Politicians aren't talking about this nor is the media. Read morePublished 20 months ago by Jay
13 of the good reviews of this book are by people with only 1 or 2 Amazon reviews, another review is by someone with only 3 reviews. Only one reviewer has more than 50 reviews. Read morePublished on December 5, 2013 by doug k
It's information not on most radar screens but vital to our future. It needs to be read by all planners.Published on November 19, 2013 by Al
Mark is the real deal; he wrote this book after a successful career with multi-billion $$$ economic development projects. Read morePublished on November 6, 2013 by WTS
I have always believed there will be a resource altering and allocation economic puzzle that will come with retiring Baby Boomers. Read morePublished on July 30, 2013 by Al Henderson
There have been a number of books on the impact of the exit of the boomers, and none that focuses as well on the community-level impact.Published on July 11, 2013 by Kathy Haake