There is a shortage of talent in the US, characterized by the retiring baby boomer generation and an increasing skills gap. Retaining high performers has become a key issue that employers must address to remain competitive in their industries.
This note discusses the following topics:
- North America's talent shortage.
- Changing workforce demands.
- Shortcomings of existing talent management approaches.
- Info-Tech's predictions and key takeaways.
In order to triumph in the war for top talent, companies need to respond to workplace demands by offering stimulating, empowering, dynamic, and flexible career paths.