Agility | How workforce career management is crucial to navigating the talent shortage

How workforce career management is crucial to navigating the talent shortage

By Sarah Hernon, Principal Consultant — Right Management UK

Having a comprehensive workforce career management strategy, providing career development and learning opportunities enhances workforce agility, is quickly being recognised as a key strategic focus for organisations across the globe.

The digitisation of the workforce means the key skills and qualities needed for organisational success have changed (and continue to change) at a rapid pace, while research has predicted that the pandemic will cost the equivalent of 100 million full-time jobs worldwide this year.

Many businesses are now identifying skill-gaps within their workforce, and are increasing the rate at which they’re looking to hire new employees. The latest ManpowerGroup Employment Outlook Survey found that hiring intentions of UK businesses have increased by 13 percentage points compared to the previous quarter – an intention shared by organisations worldwide - while the latest ONS data found a monthly increase of 197,000 payrolled workers between April and May this year, the highest rise since records began in 2014.

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