Close to 70 per cent of employers globally are struggling to find skilled workers, especially in high-demand areas like operations and logistics, manufacturing and production, IT, sales, and marketing, according to a study by ManpowerGroup.
In that respect, 2021 is proving to be a great year. This year we have at least two new excuses for not having the talent we need – COVID-19 and digitisation. But, hang on!
Wasn’t it around 1965 that Moore advised us that the speed of digitisation would keep doubling? Wasn’t it in the 80s that we first learned about the war for talent? Wasn’t it in the 90s that we learned about the importance of engagement and retaining top talent? Wasn’t it in the 00s that we were warned that a pandemic was likely? Seems like we had enough advance notice!
And, guess what - things are unlikely to change for the better. For the foreseeable future, the speed of change will continue to generate demand for talent that outstrips supply. Only when the major global economies realise that continuous growth is not sustainable will that change and I wouldn’t even bet your money on that happening soon!
This story is from the October 2021 edition of People Matters.
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This story is from the October 2021 edition of People Matters.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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