Looming Talent Crisis Faces U.S. Companies

Rismedia ^ | 2/16/05 | Editorial Staff

[qam1]

For example, Canada, Australia and the U.S. could lose more than a third of their government employees by 2010.

And this is a bad thing how?

[Tax-chick]

:-).

[qam1]

Xer Ping

Ping list for the discussion of the politics and social (and sometimes nostalgic) aspects that directly effect Gen-Reagan/Generation-X (Those born from 1965-1981) including all the spending previous generations (i.e. The Baby Boomers) are doing that Gen-X and Y will end up paying for.

Freep mail me to be added or dropped. See my home page for details and previous articles.

[Jimbaugh]

Outsource the Executives !!!!

[Gingersnap]

This all ties in to my private strategy to position myself as part of the cabal that will really be running things in 15 years.

I have read "Marching Morons" closely and I am awaiting developments with keen anticipation.

[sarasota]

If the job pool from which The Apprentice picks the "top" contenders is any indication, corporate is in big trouble.

[princess leah]

I just saw the pics on the new "Bugs" and it sure shows that the Talent Pool for cartoonists is really waning!@

[Mr. Jeeves]

Impending Baby Boomer retirements, a widening skills gap driven by declining educational standards, and outdated and ineffective approaches to talent management are combining forces to produce a "perfect storm" that threatens the global business economy, according to Deloitte Consulting.

LOL! There isn't a senior executive at a public company anywhere in America who cares in the least about this "perfect storm". They feel that talent can always be bought on the open market when needed...and they are probably right, as long national borders are no barrier. Deloitte might as well be warning about an impending toilet paper shortage for all the traction this report is going to get in corporate America. ;)

[cinives]

Note the fallacy in this article (actually one of many): more than 70 percent of the 123 respondents say incoming workers with inadequate skills pose the greatest threat to business performance over the next three years, followed by Baby Boomer retirement (61 percent), and the inability to retain key talent (55 percent).

What all these idiots fail to account for the the very large labor pool in the 40+ year old age group who are unemployed or underemployed. Generally speaking, this age group is savvy, seasoned, with good skills learned in school and in 20 years of being in the workforce, yet they are cast aside or not called back for the second interview because of their grey hair.

When I hear that most of my engineer, programmer and PhD friends can easily find jobs at a salary level that supports a family, then I'll say these companies have a problem.

Until then, they're just another whining set of clueless bozos who are not looking at the entire talent pool in this country. They're only looking at the 20-30 yo set, and only plan to pay a salary that not even many single people can use to survive.

[oceanview]

for rank and file white collar staffers - US corporations aren't worried in the least, they are offshoring and laying off these workers in droves now, there is no chance of a "shortage" when you have a global labor pool available. The current frenzy of M&A activity will knock off hundreds of thousands more white collar workers.

[johnnycap]

-Well Said!!!

[Lady Jag]

they're just another whining set of clueless bozos who are not looking at the entire talent pool in this country

Hey employers! Here's one big talent who knows what's going on.

cinives deserves a raise!

[bubman]

bump

[k2blader]

Dear "HR executives",

That's why there are such things as resumes and interviews. I'm sure you are perfect employees. So stop whining and do your jobs.

Sincerely,
k2

[dfwgator]

The whole point of this article is to argue for more H1-B visas, and more offshoring, not for hiring more American workers.

[squirt-gun]

Re # 7

Our requirements for poeple with hard science educations, particularly those with advanced degrees, already puts the U.S. on the ropes. Many highly educated Chinese and Indian green cards are already heading home.

The public educational disaster, largely caused by the self serving teachers unions, have really harmed this country. Yes, we will have lots of folks with Phds in such things as African studies but forget mathematics, chemistry or physics.

I don't know what the answer is.

Many private schools and some good public grade schools with excellent teachers skilled in their art aren't going to fill the gap.

[brownsfan]

"The whole point of this article is to argue for more H1-B visas, and more offshoring, not for hiring more American workers."


Bingo! And Deloitte uses those visas as much as anyone!

[gcraig]

That is EXACTLY what I picked up out of that article. Conservatives think so much alike, it's funny sometimes...

[JustAnAmerican]

"The whole point of this article is to argue for more H1-B visas, and more offshoring, not for hiring more American workers."

100 percent correct, wonder how some others failed to notice that. And FYI,

Deloitte Consulting Offshore Technology Group (DC-OTG) announced plans to double its staff strength in India this year from the current 1,000 employees, and also repeat the process next year. This announcement was made at the recently organised IMPACT Day celebrations—DC’s global corporate citizenship initiative. A joint venture of Deloitte Consulting (DC), one of the world’s largest privately-held management consulting firm, and the software major Mastek, DC-OTG targets Fortune 500 companies worldwide across seven key verticals.

Talking about future plans, DC-OTG’s CEO Raj Joshi said, “At Deloitte Consulting, we see the India-based offshore model as an immense opportunity that delivers great value to our clients and based on this demand we target to double our staff numbers from the current 1,000 staff this year and also in the following year.”