Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
Ignite Global is a leader in hiring, motivating and retaining top talent with management capability employee engagement, productivity and retention candidate.
future of work, The Great Resignation
9600 Great Hills Trail, Suite 150W Austin TX 78759
As I mentioned in yesterdayโs post, I am currently fielding 2 questions from clients in Australia and the US about the skills shortage.
The firstโฆ
Now that the borders are open in Australia how long will it be before our skills shortage abates?โ
I answered this yesterday.
Iโll address the second question today.
The upcoming US recession will surely help the skills shortage (and put realign candidatesโ expectations), right?โ
To answer this we need to go back in time. Youโve undoubtedly heard the term โThe War for Talentโ but do you know where that came from? It was a report from McKinsey & Company about the upcoming global skills shortage โ written in 1997!!!
So the skills shortage is a challenge that weโve seen coming for a very very long time. Korn Ferry (by memory but it may have been Manpower, donโt quote me on the source but the numbers are accurate) wrote in 2014(ish) that by 2025 we were expecting a global skills shortage of up to 85 million people (and 20 million wonโt have the right skills to be employed as technology changes the shape of our roles.
So, if the US (and/or the rest of the world) goes into recession will the skills shortage go away? Maybe โ in certain industries โ for a period of time.
But this is part of a larger, global trend that is due to declining birth rates, the declining workforce participation rates (in some countries) and the reshaping of roles due to technology, as I mentioned above.
9600 Great Hills Trail, Suite 150W Austin, TX 78759, UNITED STATES
About
In 2009 CEO and founder Kim Seeling Smith started Ignite Global after deciding that instead of being paid to put bums in seats (working as a recruiter for the 15 years prior to that) she wanted to help More
Talking reimagining talent acquisition with Nate Hewitt of Sapia.ai on their Pink Squirrels Podcast.
We had a very spirited discussion around:
What companies are getting wrong with talent acquisition right now
How companies stand out against their talent competitors (even with little or no budget)
How to think differently about the roles they are filling to access more candidates.
Talking reimagining talent acquisition with Nate Hewitt of Sapia.ai on their Pink Squirrels Podcast. We had a very spirited discussion around: ๐น What companies are getting...
Thank you Sparks+Partners Consulting Engineers for inviting me to run one of my favorite workshops, โSoar with Your Strengthsโ for your end of year offsite last week. The main reason I love this workshop is that it gives you permission to stop beating yourself up about things that you arenโt good at and will never be good at by developing strategies to reach the same outcomes using strengths you do have.
Read More: https://www.igniteglobal.com/2019/07/soar-with-your-strengths-workshop-in-action/
If you think #thegreatresignation is related to Covid or the current skills shortage, think again. This graph from the Bureau of Labor Statistics clearly shows that, with the exception of 2020, people have been changing jobs in increasing numbers since 2009. While this is a US stat, I believe the trend is definitely global.
Iโve often said that Covid accelerated other workforce trends that had been building for years. I think what we see with this graph is the result of...
Right, so Iโm back after almost 6 weeks. What did I miss? Other than a new PM in Australia, more gun violence in the USโฆand the fact that, according to the OECD, Australia has the second tightest skills market in the world.
You may have noticed that I havenโt been posting much over the last 5 โ 6 weeks because Iโve been in the US speaking at the annual Association for Talent Development (ATD) conference (funnily enough about employee retention).
Friday funny. Youโve heard of the KISS Principle, right? Keep It Simple Stupid (or I prefer Silly). Now Iโd like to introduce the KSS Principle!
KISS Principle
My clients have told me for years that one of my superpowers is breaking down complex concepts and making them simple.
In fact, one of the best testimonials Iโve ever gotten came from Mike Saxton, who said,
A few months ago, I was leading a training session, and I mentioned the KISS Principleโฆand one of the participants said, you should rename it the KSS Principle for Kim Seeling Smith. We had a good laugh, but now I find myself saying it frequently.
If you think #thegreatresignation is related to Covid or the current skills shortage, think again. This graph from the Bureau of Labor Statistics clearly shows that, with the exception of 2020, people have been changing jobs in increasing numbers since 2009. While this is a US stat, I believe the trend is definitely global.
Iโve often said that Covid accelerated other workforce trends that had been building for years. I think what we see with this graph is the result of...