Swedish bosses ageing rapidly

The average age of Swedish bosses has risen by all of eight years since 2002. According to a new study from Ledarna, the average age in 2002 was 46, whereas in 2007 it had jumped to 54.

The study also found that more bosses than before under the age of 35 were of the view that they had less favourable working conditions then their older peers.

One if four young bosses felt that they lacked the authority and flexibility necessary to develop their business.

This dissatisfaction was most evident among young female bosses, with one in three believing that they were hampered by a lack of authority.

Ledarna has calculated that Sweden needs to recruit 250,000 new bosses over the next ten years in order to replace the current crop of leaders nearing retirement age.