Repurposing Potential: The Transformative Impact of the "Repurpose Program" on Third Age Professionals

Title: Repurposing Potential: The Transformative Impact of the "Repurpose Program" on Third Age Professionals

In the year 2024, Japan stands at the forefront of a monumental demographic shift, transitioning into a hyper-aging society. As the total population peaks and the working-age demographic (15-64 years old) steadily diminishes, the imperative for innovative solutions to sustain productivity becomes ever more pressing. The Repurpose Program, introduced by the creative business school Hyper Island, emerges as a transformative learning experience designed to address the challenges faced by Third Age professionals (aged 50-70).

Amidst the challenges posed by an aging population, the Repurpose Program seeks to proactively repurpose the skills and knowledge of Third Age professionals, who bring a wealth of experience and untapped potential. This cohort, having navigated numerous challenges, possesses a unique set of skills that, when repurposed, can significantly contribute to enhancing the competitiveness of businesses.

Recognizing the hurdles faced by Third Age professionals in the process of repurposing their skills, the Repurpose Program aims to provide a roadmap for organizations seeking to harness their capabilities. Anna Mori, the Learning Design Director of Hyper Island Japan, underscores the importance of acknowledging the value of the Third Age in fostering growth for both individuals and corporations.

In the dynamic business landscape characterized by volatility, uncertainty, complexity, and ambiguity (VUCA), the transition towards what is now termed the "BANI" era (Brittle, Anxious, Non-Linear, Incomprehensible) further accentuates the need for adaptive strategies. According to the Institute for the Future (IFTF), 85% of jobs expected to exist in 2030 have yet to be invented, and the rapid proliferation of AI technologies, like Chat GPT, adds a layer of unpredictability to the future.

While businesses recognize the necessity of repurposing skills in the face of such changes, many are still unprepared. The Repurpose Program offers a transformative learning experience designed to bridge this gap. Scheduled for a two-day event from February 29 to March 1, the program is a participatory workshop aiming to guide the Third Age cohort towards new career paths.

The term "Third Age," coined by British historical demographer Peter Laslett, encompasses individuals in the post-retirement phase, typically aged between 55 and 70. These individuals, often facing retirement from managerial positions, bring a wealth of experience and potential, making them a crucial demographic for companies aiming to adapt to the evolving business landscape.

The Repurpose Program not only addresses the challenges of repurposing skills but also focuses on cultivating a mindset conducive to thriving in a VUCA and BANI world. Anna Mori emphasizes the importance of "metaskills," the ability to learn how to learn, and highlights three key elements: Creativity, Self-awareness, and Resilience.

Creativity, essential for innovative problem-solving, is fostered through methods such as design thinking and creative problem-solving techniques. Self-awareness involves understanding one's position in a constantly changing environment, developing core skills like empathy, cooperation, and inclusivity. Resilience, the ability to recover and adapt, is honed through experimental thinking, curiosity, and a positive attitude towards overcoming failures.

Metaskills, positioned at the apex of the skill pyramid, empower Third Age professionals to leverage their existing soft and hard skills effectively. The Repurpose Program, with its focus on metaskill development, positions itself as a service guiding individuals towards a major update of their personal operating systems.

In conclusion, the Repurpose Program serves as a beacon for organizations seeking to unlock the untapped potential of Third Age professionals. By investing in repurposing initiatives and recognizing the value of experienced individuals in a rapidly changing world, businesses can not only navigate uncertainties but also thrive in collaboration with the Third Age cohort. The program's emphasis on metaskills aligns with the evolving needs of the business landscape, making it a pioneering initiative in the repurposing domain. As Japan and the world navigate the challenges of an aging population, initiatives like the Repurpose Program stand as catalysts for inclusive growth and a more resilient, adaptable workforce.