Where the Talent Has Gone & Strategies for Success
Talent is such a critical topic that we will keep our eyes and ears out for unique strategies and fresh ideas for success.
Talent is such a critical topic that we will keep our eyes and ears out for unique strategies and fresh ideas for success.
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.
Manufacturing is making a resurgence in the U.S. and other countries around the world. According to the U.S. Bureau of Labor Statistics, there is a shortage of 550,000 stable manufacturing jobs to be filled in manufacturing businesses nationwide.
In manufacturing and supply chain, AR (augmented reality), VR (virtual reality) and digital twins (digital representation of an intended or real-world physical product, system or process) are a few exciting opportunities with a multitude of uses.
Most clients do not have as much talent as they need (at least in key roles or sites). Similar to inventory, many clients might have talent but do not have the type of talent in the right place (or available) at the right time. Classic challenges!
Our most successful clients are no longer relying on hiring talent. Instead, they are focused on developing talent," points out Lisa Anderson, president of Claremont, CA-based LMA Consulting Group, Inc. and manufacturing expert known as the Strongest Link in Your Supply Chain.™
Our clients continue to experience an unprecedented level of volatility and complexity. The common themes include: Continued supply chain disruptions: From computer chips to commodities to everyday components/ materials, clients continue to experience shortages and/or extended lead times. Continued challenges in finding people: Whether you are looking for [...]
Similar to location, location, and location in the real estate business, the current business environment talks about talent, talent and talent. Here are comments from just the last few weeks from clients ranging from life science research to food and mining machinery and equipment to building and construction products [...]
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 [...]
Changes in supply chain are happening faster than imaginable! Are you keeping up with these changes? In addition to keeping up with what's noteworthy in supply chain, the most successful executives are taking a step back to make sure their employees have a solid foundation in supply chain [...]