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The Massive Shifts In Leadership That Are Creating The New Future

Lolly Daskal

This is partly due to the changing demographics of the workforce, as more baby boomers retire and fewer young people enter the labor market. Additionally, technological advancements and the rise of the gig economy are also contributing to the talent shortage. As AI evolves, it will transform leaders’ work and skills.

Diversity 144
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CEOs Need To Spend More Time On Procurement

Chief Executive

Shipping was severely disrupted as labor shortages left container vessels un­able to unload their cargo. In many companies, if not most, procurement is an unglamorous, un­loved part of the business. When the boss offers someone a job in procurement, they know they’re on the fast track to nowhere. Now the job is tougher than ever.

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An introduction to HR analytics for change management

Walk Me

External industry and labor market data, for example, could be used to determine factors that could affect an organization’s workforce planning and optimization processes. If external data pointed towards a shortage of workers in a certain demographic, this could affect an organization’s ability to recruit people for a period of growth.

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Rethinking What’s Next: Lessons Learned from the SVB Collapse 

Kotter Inc.

In just the last two years there has been a worldwide pandemic, disruption in global supply chains, war in Ukraine, systemic labor shortage, runaway inflation, rising interest rates, a looming recession, and now a crisis of confidence in the banking system. The pace of change today has accelerated dramatically.

Banking 73
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The power of data in HR analytics

Walk Me

Examples of this include labor market data that might indicate future staff shortages or economic projects that might affect revenue. Data has become more than mere numbers on a page. Descriptive, predictive and prescriptive analysis and data all play important roles in an effective HR analytics system.

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Human Capital Management 101: What It Is, Why You Need It

Walk Me

Human capital management (HCM) views HR, the workplace, and the workforce as a business asset that drives value and contributes to organizational performance. Human Capital Management 101. Automation features can handle a wide range of HR tasks throughout the employee lifecycle. Employee training. Workforce management. Employee database management.

Manager 52
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The skills gap: Understanding the causes and making plans for improvement

Walk Me

But what is a skills gap, what causes a skills gap, why is it a serious problem, and what can employers do to solve this common yet frustrating problem? In addition, existing employees may have outdated skills and this creates a gap that can be difficult to fill, especially in a competitive labor market. What is a skills gap?