Create skilled workforce with planning and staff development
Liverpool, United Kingdom – Many companies are looking to strategic workforce planning to help them anticipate the skills they will need in their future workforce.
Liverpool, United Kingdom – Many companies are looking to strategic workforce planning to help them anticipate the skills they will need in their future workforce. In light of a growing shortage of skilled labour this is becoming increasingly important. Understanding the skills you have and the skills you need will also help in creating an effective employee development strategy to assist in filling any gaps.
Having the right people with the right skills within a business helps deliver great performance; however, if the business doesn’t have access to the people with the skills, then business performance levels will naturally deteriorate.
Across Europe skilled workforces are aging. The huge surplus of workers created by the Baby Boomer generation is getting old and retiring, taking their skills and experience with them. The imminent talent shortage from retiring workers is enough to cause problems on its own.
In addition, rapid technological development is worsening the skills shortage. Computer sciences and engineering, in particular, are susceptible, with 36% of IT companies and 28% of energy companies expecting large increases in staff over the next three years. They are not alone – many industries face threats to their workforce capabilities.
Without a skilled workforce, companies face a multitude of crippling problems. Vital tasks and business processes cannot be performed efficiently, leading to capacity bottlenecks, capability issues and reduced business performance. As the workforce ages and the talent shortage worsens, companies face severe threats to their competitiveness.
SuccessFactors is offering business leaders the opportunity to take a quick benchmarking test to see how their company compares to other companies. The test provides immediate recommendations on what businesses can do to improve and where they can get guidance on creating a winning talent management strategy.
To learn more about the skills shortage and take the benchmarking test, visit http://www.successfactors-skilledworkforce.com/benchmarking.php.
Furthermore, visit www.successfactors.com to view the company’s range of business execution software solutions.
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- Fatimah Radiom
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