Saturday, December 6, 2014

The Workforce Crisis of 2030!! And how to start solving it now

“People, workforce planning will become more important than financial planning.” Rainer Strack
This is a statement from good TED talk by Rainer on his interpretation of the workforce challenge of 2030. Supporting much of what this blog has been looking at this past year, but bringing another angle. The key we both trying to get over it is not about the changing workforce it is about the operational workforce transformation to a new workforce landscape of skill shortage, labor shortage and cultural and people change.

You can go to Ted talk with the following link.

http://www.ted.com/talks/rainer_strack_the_surprising_workforce_crisis_of_2030_and_how_to_start_solving_it_now

A couple of extractions:


The investigation and determination of a significant workforce shortage by 2030, but starting now:



The required strategies that will dominate much the thinking



Rainer is talking general workforce, if you take this and bring it into manufacturing, industrial world, the shortages will be all more acute. As pointed out in other surveys from Accenture and others.




This shows in US survey results on filling skilled and highly skilled roles, below is worked example of mid sized company in mid west.  



This is why the move from knowledge to wisdom is key, and emedding of knowledge and wisdom , actionable decisions into the systems is key to accommodate the transformation to dramatically reduced dependency on skilled people. From Rainer’s and other investigations that Operational Systems of the future in the industrial market have 50% + reduction in dependency in skilled and highly skilled workforce. This Ted talk supports this will be the biggest issue in the next 10 years to sustain competitive agility. Like we have seen in 2014, I believe 2015 this acknowledgment and strategies building around workforce change will intensify.    

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