• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales

1

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens

2

Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

3

As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
LeadershipRetirement

How Duke Energy Is Passing the Torch to Young Employees

By
May 12, 2016, 9:00 AM ET
Duke Energy
Duke Energy employees inside the control room at the Catawba Nuclear Station in York County, South Carolina, SC.Courtesy of Duke Energy

A couple of years ago, Lee Causey, at age 29 already a senior engineer in Duke Energy’s nuclear group, co-invented a game with teammate Brad Black called “Megawatt Fever.” Loosely based on Monopoly — there’s even funny money and a banker — it’s played on a board showing a map of the United States, dotted with symbols representing real-life locations of nuclear, wind, solar, and gas facilities. Each of the game’s eight players is a CEO who decides how to run his or her own utility, including complex calculations like “which types of fuel to use at which plants, depending on taxes, costs, and other factors, whether to accept or reject federal subsidies, and whether to use fracking,” Causey explains. After 45 minutes (or “at the banker’s discretion,” the rules say), the winner is the player whose company has the highest net worth.

It’s fun, but the game has a serious purpose: Giving Millennials an overview of how the electric-power industry works. Lots of employers are trying to figure out how to make sure the 10,000 Baby Boomers who turn 65 every day don’t take crucial company knowledge out the door with them when they retire. That’s a particular worry at Duke Energy’s (DUK) Charlotte-based nuclear group, which operates six plants providing power to five states. Says Melissa Moran, the division’s head of strategic workforce planning, “Last year, we looked at our demographics and realized that 46% of our current employees would be eligible to retire within five years.”

So Duke launched an all-out effort to help older workers pass along what’s in their heads to their young colleagues. First, Moran asked plant managers to identify the specific expertise of each of their team members nearing retirement, and come up with a plan for making a lasting record of each individual’s know-how, including having workers “make a video of themselves doing certain tasks that new hires can watch later,” says Moran. Most longtime employees are paired with newcomers as mentors, with the mentees encouraged to “ask lots of questions, like why we do it this way, and what if this or that happens,” she adds. The hardest details to pin down are often what Moran calls the “nuances and quirks,” those tricks of the trade that experienced workers know about, but which they might not think to mention. Managers at Duke are trying to capture those insights, most of which haven’t been written down anywhere until now, and add them to technical manuals at each plant.

To find out if all this is working, Duke has gathered focus groups of Millennial employees and asked them to rank each of 16 different activities — including formal training, going to industry conferences, and “lunch-and-learn” sessions with in-house experts — in order of effectiveness. Mentoring and job shadowing came out on top. Least useful: A learning method Duke calls “directly tasked with assignments without formal training,” or, as Lee Causey calls it, “being thrown into the fire.”

Duke is getting ready to share its knowledge-transfer experience with every other power company in the U.S., through collaborative software the company is developing in partnership with a national nonprofit group called NAYGN, for North American Young Generation in Nuclear.

Amanda Lang, 26, an engineer in nuclear fuels design, recalls playing “Megawatt Fever” at a NAYGN conference soon after joining Duke two years ago. Although Lang has concentrated mostly on gleaning technical knowledge from soon-to-retire coworkers, she says the board game expanded her understanding of the power business. Noting that the game requires players to compare carbon taxes on different types of fuel, “I realized that those taxes are an accurate reflection of how much carbon each type actually generates,” she says. “It got me thinking about the politics involved, and the future of the industry.”


Latest in Leadership

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Leadership

Dan Rogers speaking on stage.
AIAsana
Asana was battered by the AI boom. Now it’s betting its future on humans and agents working together.
By Beatrice NolanMay 29, 2026
4 hours ago
Exclusive: Microsoft is building a super app that combines coding, chat, and other Copilot AI tools
AIMicrosoft
Exclusive: Microsoft is building a super app that combines coding, chat, and other Copilot AI tools
By Sebastian HerreraMay 29, 2026
6 hours ago
dimon
SuccessGen Z
Jamie Dimon tells Gen Z to ‘learn how to think, learn how to earn respect’ as he describes ‘great meeting’ with Zohran Mamdani
By Nick LichtenbergMay 29, 2026
7 hours ago
Conan O'Brien holds up a Harvard sports sweater given to him after he delivered the commencement address at Harvard University
SuccessCareers
Conan O’Brien tells Harvard graduates to play down their $250K Ivy League degree—and instead embrace being humble and ‘bad at things’
By Preston ForeMay 29, 2026
7 hours ago
The AI arms race in cybersecurity has started. Most companies aren’t ready
Cryptocyber
The AI arms race in cybersecurity has started. Most companies aren’t ready
By Philip MartinMay 29, 2026
7 hours ago
Lisa Su, CEO of AMD
SuccessJobs
AMD CEO Lisa Su tells grads they shape the future, not AI—and the world doesn’t just need ‘people who know how to use powerful tools’
By Emma BurleighMay 29, 2026
7 hours ago

Most Popular

As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
Magazine
As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens
By Emma HinchliffeMay 27, 2026
3 days ago
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
Success
Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year
By Preston ForeMay 21, 2026
8 days ago
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
Success
As AI slashes white-collar jobs, Salesforce CEO Marc Benioff says almost no one is being hired—except in sales
By Emma BurleighMay 28, 2026
1 day ago
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
Environment
The river that supplies 40 million Americans is down to 23% — and about to make a $25 million bet on one fish
By Dorany Pineda, Brittany Peterson and The Associated PressMay 27, 2026
2 days ago
Current price of oil as of May 28, 2026
Personal Finance
Current price of oil as of May 28, 2026
By Joseph HostetlerMay 28, 2026
1 day ago
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
Banking
Jamie Dimon said the American Dream was slipping away. JPMorgan just put $40 million on the table to fix it
By Nick LichtenbergMay 27, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.