Old folks deserve respect, but clearly the opinions of those who rant about "the good old days" should be taken with a grain of salt and sense of humor. Times are changing fast, the kids have far more technical skills than before and team members who can't get over the fact that "the good old days" are gone, their value slides to minimal. Static personalities that hate change, IMO, are more of a threat than a good thing. Your team is only as fast as your slowest worker.
Maybe in the traditional lines of business such as accounting or engineering that stuff is necessary, but the line of work I'm in - marketing and social media - its definitely not useful.
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