One of our greatest challenges as leaders is to anticipate the future. But we have no crystal ball. We must try and make sense of the information available and plot the best course forward today. Below is some concise data…
Read this article about how Cincinnati, Ohio is struggling with trade worker supply and how it will likely curb economic growth. https://www.bizjournals.com/cincinnati/news/2022/02/04/building-boom-runs-into-a-labor-bust.html
It’s not just about the South. Growth of diversity, especially Hispanic growth, is influencing other parts of the country.
Even if this study is off by ten or twenty percent, it shows our workforce challenges are growing. Plan on a decade-long environment where workforce supply is limited.
When communicating to your workforce, the goal is to achieve comprehension on the other side. An informed and engaged workforce will be more likely to work safely, work efficiently, and stick around. As employers, we communicate safety needs/risks, schedule changes, benefits…
We are just at the beginning of the intense workforce challenges facing our nation. Over the next decade, the Bureau of Labor Statistics (https://www.bls.gov/news.release/ecopro.nr0.htm) expects job growth to continue, but workforce participation to shrink. This, combined with a Baby Boomer…
Ending the extra $300 Pandemic unemployment payments is not having an impact on workforce participation. The data is early (payments ended in June) as studied by Columbia University, Harvard University, and UMass Amherst - and reported on CNBC this week.…
A recent Korn Ferry (www.kornferry.com) study that includes a country-by-country analysis, finds that by 2030, therewill be a global human talent shortage of more than 85 million people, or roughly equivalent to the population ofGermany. This is a massive number,…
There are a lot of things to consider in the post-COVID work environment.
Some thought starters about Retention. Be intentional.
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