Confronting the Talent Crunch: 2008 - May 2008
The talent shortage can no longer be viewed as a crisis on
the horizon. In many regions and across many industry sectors,
it is a crisis that is occurring now, and it threatens to grow
more acute and widespread. Talent shortages pose a threat to
world economic growth and prosperity. Yet, although many of
the problems associated with the talent shortage are broadly
acknowledged, potential solutions have yet to be widely
embraced or implemented by the companies, governments and
individuals who stand to benefit from their application.
This paper, which has been updated since its original
publication in 2006, explores which trends are likely to
become more pronounced, and what further steps governments and
employers can take in response.
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