Is there really a shortage of Quality talent?
"Skilled talent shortages will continue to impede growth and if not addressed could have a significant impact on major APAC economies by 2030.
India will have a talent surplus by 2030 with 245 million more workers in next 12 years. However there is not enough skilled talent to go around,
and by 2030 , organizations and economies could find themselves in the grip of a talent crisis- unless to face this critical talent challenge
companies are ready to rethink their hiring and talent management processes" Korn Ferry study.
Is your organization thinking ahead? Do you have a future ready talent strategy to deliver your business ambitions?
Why is it important to have Right talent strategy?
Jim Collins “the single biggest constraint on the success of my organization is the ability to get and to hang on to enough of the right people.”
“You get remarkable results comparing the productivity of the top and bottom 1 percent. For unskilled and semiskilled jobs, the top 1 percent are three
times more productive than the bottom 1%..For high-complexity jobs, the differential is so big it can’t be quantified.” Mckinsey Report
Most CEOs spend quality time on the Right Business strategy. Only a few focus on the Right Talent Strategy to drive business results. Are you amongst the few?
How 4Front can help improve talent quality in line with your business?
“ It is the frontline managers who must motivate and bolster the morale of the people who do the work—those who design, make, and sell the products or deliver services to customers.
These managers are central to a company’s business strategy because they oversee its execution. “ HBR
Even the most brilliant strategy is worth nothing if it isn’t executed well. 4Front offers Frontline Talent Solutions to keep ahead of the curve; after studying some of the critical
talent problems facing organizations today.
The Four Fronts of Talent Solutions are:
Strategic Consulting
Sourcing Solutions
Skilling processes
Tracking Systems