No client has enough high-skilled talent. In fact, it is the single largest issue facing executives. The skills gap is severe for high-skilled roles. Yet any company that wants to succeed is automating, digitizing, and utilizing advanced technologies such as robotics, additive manufacturing, and predictive analytics.
Global supply chains are on the move. Executives have been hit with the harsh reality that the risk (supply chain, geopolitical, cyber, IP, etc.) is far higher than they realized when they outsourced with an eye to cost.
Although we should always think about giving thanks, it certainly comes to mind more over Thanksgiving week. I would like to thank the LMA team, clients, family, and friends for not only a wonderful year, but also for propping me up when I need it, asking the hard questions, providing support, and much more. It takes a village!
Many circumstances have added up to create a massive war for talent. As I wrote in Brushware magazine, the skills gap is getting worse by the day. According to the Bureau of Labor Statistics, 4.3 million Americans quit their jobs in August which is a record-breaking month following additional record-breaking months.
During the pandemic, there was a mass exodus of talent as leaders decided to retire early, switch careers or just take a step back. On the other hand, the leader's job is becoming far more challenging. Not only has the last year required navigating the pandemic but now leaders are faced with scarce resources, more work and new challenges to tackle with extended lead times, inflation and rapidly changing customer conditions. What should leaders do?
During the pandemic, there was a mass exodus of talent. Talent started dropping like flies during the shutdown. People reevaluated their career and life. Several decided to retire early. Others decided it was a good time to change careers [...]
While my nephew was in town for an internship, we went to Bass Lake and Yosemite. It was strange to be 'back to normal' in terms of going on a tour of the park, eating in a restaurant overlooking Bass Lake and more. It was beautiful as you'll see below, and it was great to spend time with family [...]
According to Prudential’s latest Pulse of the American Worker Survey, one in four workers plan to look for a job a different company once the pandemic has subsided. Additionally, a recent Robert Half survey found that 38% of workers feel stuck in their careers, and an EY survey found [...]
There is no doubt about it, in talking with CEOs across industries, company sizes and geographies, talent is top of mind. Our clients are growing rapidly in most cases and unanimously interested in scaling successfully. Although there are many tools required to lead the pack [...]
During the coronavirus pandemic, your people should be top priority. As we always start with safety, this situation should be no different. Figure out how to prepare your workplace. Revise policies, meetings, and critical work so that you can follow social distancing requirements and keep your employees as safe [...]
