How businesses approaching a retirement cliff edge can nurture a new generation of talent

Sheela Kosaraju, Interim Chief People Officer at Ciena explores the retirement cliff facing the communications industry and how the skills gap could be filled...
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How businesses approaching a retirement cliff edge can nurture a new generation of talent
Sheela Kosaraju, Interim CPO at Ciena

The telecom industry is at a critical juncture, with many experienced professionals nearing retirement and a projected shortage of tech workers in the next decade. This is further compounded by intense competition with other attractive tech sectors for the limited pool of available candidates. But rather than being discouraged by these challenges, the industry can view them as a unique opportunity to proactively address its talent needs and shape a positive future. We just need to cast a wider net and take steps to make the pool of talent younger, deeper, and more diverse.

The next generation

Telecom companies must work harder to attract, nurture, and retain young talent. Understanding the evolving expectations and preferences of the modern workforce is crucial, because failing to listen and adapt to changing views could result in losing out on top talent.

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