BCG Henderson Institute

The Perennials with Mauro Guillén

"I think the post-generational society is a huge opportunity for companies – if they are willing to get rid of some of their assumptions: For example, that younger people bring in new skills and, therefore, a company is better off if it has a younger labor force. That can be true, but we shouldn't forget about some of the benefits of age diversity."

In The Perennials: The Megatrends Creating a Postgenerational Society, Mauro Guillén argues that the traditional, sequential model of life—childhood, education, career, and retirement—is being rendered obsolete.

Guillén, a professor of management at the Wharton School of the University of Pennsylvania, is one of the world’s foremost experts on global megatrends. In his most recent book, he focuses on the combination of rapid technological progress, increasing life as well as health spans, and declining fertility rates—which, together, are creating a society in which arbitrary definitions of generations, based on chronological age, are no longer appropriate.

Together with Martin Reeves, Chairman of BCG Henderson Institute, Guillén discusses the shortcomings of the sequential model of life and what the new, post-generational society will look like. He also highlights implications for businesses, which will need to adapt their marketing practices to changing patterns in consumption and harness the benefits of intergenerational collaboration in their workforces.

Key topics discussed: 

[01:51] The sequential model of life and its shortcomings
[04:17] The post-generational society and the trends creating it
[07:31] Implications for corporations
[14:13] How CEOs can prepare for a society of perennials
[17:14] Implications for academic institutions

Additional inspiration from Mauro Guillén:

Interviewed by
Listen more