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Talent-Management

By 12. Februar 2007 No Comments

It is amazing, but from one day to the other Talent-Management is a hot topic again, even in Germany. Why? Export is booming and the main German Skills is Engineering. But we only get about 5.000 out of University each year, and we need more than 7.000 now. The times get even worse when more and more engineers go home and retire. At the moment more leave the companies, than are recruited. Not only that there are less around, there is no time to integrate them in the projects, as they all need experience and basic practical knowledge. Most of my engineering customers tell the same stories and try to fill the gap with „Project managers for rent“ which is not really a solution. Creative ideas, new teaming, new strategies are necessary and will definately influence the EBIT now, but will strengthen the value of the company for the future.

Find a great article about the situation in India in the blog of : EuropeanLeaders.net – a network of purchasers and supply chain specialist.

The Economist CEO Briefing: Corporate priorities for 2007 and beyond.
„The dynamism of emerging markets largely explains the spring in the executive step. For the second year running, rising demand in the developing world is seen as the most critical force at play in the global marketplace. But a lack of available local talent will be the single greatest barrier to growth for firms that operate within emerging markets over the next three years.“ Please find the study here.

In the UK there is a congress only for talent-management – read the invitation to the London summit: „The war for talent will only become a bigger challenge in the years ahead. In an increasingly complex and fast moving market, everyone wants to attract and retain the highest performers and these are in limited supply. Talent management practices have changed in response to new business environments; talent is now more mobile – it can enter your organisation more freely, but it can leave just as easily.“
No big news so far, when you have been in the business before 2000 🙂
www.symposium-events.co.ukIt is amazing, but from one day to the other Talent-Management is a hot topic again, even in Germany. Why? Export is booming and the main German Skills is Engineering. But we only get about 5.000 out of University each year, and we need more than 7.000 now. The times get even worse when more and more engineers go home and retire. At the moment more leave the companies, than are recruited. Not only that there are less around, there is no time to integrate them in the projects, as they all need experience and basic practical knowledge. Most of my engineering customers tell the same stories and try to fill the gap with „Project managers for rent“ which is not really a solution. Creative ideas, new teaming, new strategies are necessary and will definately influence the EBIT now, but will strengthen the value of the company for the future.

Find a great article about the situation in India in the blog of : EuropeanLeaders.net – a network of purchasers and supply chain specialist.

The Economist CEO Briefing: Corporate priorities for 2007 and beyond.
„The dynamism of emerging markets largely explains the spring in the executive step. For the second year running, rising demand in the developing world is seen as the most critical force at play in the global marketplace. But a lack of available local talent will be the single greatest barrier to growth for firms that operate within emerging markets over the next three years.“ Please find the study here.

In the UK there is a congress only for talent-management – read the invitation to the London summit: „The war for talent will only become a bigger challenge in the years ahead. In an increasingly complex and fast moving market, everyone wants to attract and retain the highest performers and these are in limited supply. Talent management practices have changed in response to new business environments; talent is now more mobile – it can enter your organisation more freely, but it can leave just as easily.“
No big news so far, when you have been in the business before 2000 🙂
www.symposium-events.co.uk

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