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Owen Sullivan, President of Specialty Brands at ManpowerGroup has further expounded on the company’s Talent Shortage Survey which we covered at the end of the month.
Speaking to Italian newspaper, Corriere della Sera, Sullivan highlighted the contradiction that: “at a time of economic contraction and job losses, big companies … need talented [workers] and struggle to find them”.
The survey of 36,000 employers around the world found that one third of them (the same figure as three years ago) claim to have great difficulty in finding talented human resources in the market. "
Sullivan chose to focus on the fact that according to him “the world of education no longer provides the skills required by the market". He cites the following model for young people looking to start a successful career. Take one step at a time is his advice. Do not lose sight of basic education. Identify your skills, your strengths and learn how to make decisions. Finally and perhaps most important work with your fellow team members.
He believes that the hunt for young talent capable of representing the new ruling class is becoming increasingly global and is particularly strong in emerging countries. By contrast, Europe and the USA are in dire need of new leaders who can address the complexities that this long economic downturn is generating. According to Sullivan it is not by chance that the group is growing exponentially in Asia
Lastly he focussed on the green economy. In the past US election, President Obama predicted that the green economy would replace lost employment from traditional industries. On the eve of new elections, can we say that the prophecy is about to come true? Unfortunately not, the potential of the green economy remains high, but when and how it will grow still remains obscure.