Passing on the know-how baton

With post-World War II baby boomers starting to retire en masse, passing on their expertise and skills to the next generation and revitalizing the organization have become a major challenge for Japan Inc. The following is an example of how one company successfully dealt with the situation.

Daicel Chemical Industries Ltd produces materials for liquid crystal screen components at its Aboshi plant in Himeji, Hyogo Prefecture. The plant reportedly tripled its productivity as a result of a "rejuvenation program" launched in 1996.

A large chunk of Aboshi's seasoned workers began retiring 10 years ago, ahead of the general industry trend. Unsure how to pass on these experienced people's skills to the next generation, the company knew this could spell trouble.