Recognize this curve? It illustrates one of the most fundamental concepts in finance - compound interest. This is when interest on the principal sum of a loan or deposit is reinvested. As a result, in the next period, you earn interest on the principal plus the previously accumulated interest. As it turns out, compound interest isn’t an idea made exclusively for the economic world: It applies quite well to leadership too. When we gain experience for ourselves, what we’ve prev

10,000 baby boomers will retire every day for each of the next 13 years according to estimates from the Social Security Administration and the Pew Research Center. That’s about 9 people per second, which means about 90 people retired in the time it took you to read this far. Yikes! Let’s think about the gravity of that alarming rate for a moment. Especially how it relates to aging baby boomers within your business. How many baby boomers do you have at the mid- or senior leade