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Pat Milligan

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  1. Milken Institute59 min

    The Business of Aging: Capitalizing on the Demographic Shift

    Patricia (Pat) Milligan, Kirsten Axelsen, Laura Carstensen, Camilla Cavendish, Scott Frisch, Pat Milligan

    Global demographics are driving a critical divergence between rising life expectancy and stagnant healthy aging, creating urgent labor supply pressures and widening socioeconomic health gaps. Contrary to prevailing myths, data indicates that older workers enhance team productivity and stability, yet systemic barriers like age bias and a lack of targeted retention strategies continue to exclude them from the workforce. Experts recommend shifting from age-based to life-stage benefits and fostering flexible, two-way conversations to integrate aging populations into a reimagined career lifecycle.

  2. Milken Institute1h 1m

    Investment Strategies That Leverage the Longevity Economy

    Patricia Milligan, Ben Franklin, Jim Mellon, Andrew Scott, Marc van Weede, Pat Milligan

    A panel of experts led by Professor Andrew Scott and Jim Mellon advocates replacing the term "aging" with "longevity" to address a future where developed nations face average life expectancies of 110 to 120 years within three decades. The discussion highlights a critical need to restructure corporate diversity frameworks, pension systems, and education models to accommodate a workforce where retirees increasingly return to employment and ageism is identified as a unique form of discrimination against one's future self. Furthermore, the speakers warn that failing to adapt to these demographic shifts will exacerbate inequality, stifle productivity, and trigger financial shortfalls that could necessitate societal upheaval without immediate policy intervention and investment in biotech and holistic care.

  3. Milken Institute1h 0m

    Businesses That Thrive Through Diversity and Inclusion

    Patricia Milligan, Troy Carter, Marcia Page, Lucy Parker, John Stackhouse, Kelvin Thompson, Pat Milligan, Martha Nussbaum, Caroline O, Rachel Bronson, Martha Minow, Nancy Kanwisher, Lucie King Jr, Patricia Wilson, Jayma Adams, Anne K

    A recent global assessment reveals that workforce diversity in sectors like financial services and media is advancing too slowly to meet 30-year targets, driven by structural biases in executive succession and narrow recruitment pipelines. Organizations are responding by shifting from social metrics to strategic imperatives that link diverse leadership directly to innovation, implementing rigorous accountability frameworks such as public scoring systems and contractual incentives for search firms. Despite these measures, experts warn that without deep structural intervention and the adoption of bias-mitigating technologies, the financial sector's homogenous leadership will likely persist for decades.