Global Talent Shortage reported to be doubled.

A staggering 75% of employers globally are experiencing talent shortages, according to the recent Manpower Talent Shortage Survey.

📈 Over the last 5 years, the report indicates a 30% increase in this deficit. The catalysts? A mix of global workforce shifts, the rise of remote work, AI advancements, and socioeconomic up and downs, just to name a few.

On top of it, the report highlights a critical gap in soft skills: Collaboration and Teamwork 🤝. In an era of hybrid and remote business practices, how do we introduce a more collaborative workforce?

As the Gartner’s recent 2024 CHRO Top Priorities report indicates, talent scarcity is the top threat to business continuity, followed by recession and inflation.

It’s time for companies to act, with a long term commitment. Investing in people—whether they're current employees or not—is investing in our society's sustainable future. 🌱

Creating a growth mindset and encouraging curiosity are not just for corporate competency models; they're necessary as a society. In the journey of continuous development, integrating learning into every aspect of life is the path forward.

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HR Challenges over business life cycle

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HR Basics: An effective employee handbook