Magazine article New Zealand Management

Intouch: Skills Shortage to Remain a Global Growth Obstacle

Magazine article New Zealand Management

Intouch: Skills Shortage to Remain a Global Growth Obstacle

Article excerpt

A skills shortage will continue to remain an obstacle for global growth recovery and the HR industry should adopt the green words of C[pounds sterling]retain, reuse, recycle and refreshC[yen] for people in the workplace.

Kevin Wheeler, a US futurist on employment, a consultant to Fortune 500 companies like Toyota and Apple and lecturer at two San Francisco universities, said the current trend of making people redundant was an example of failed workforce planning.

In New Zealand as an associate of Talentmap, a New Zealand-based HR strategic consulting company, he has been presenting to corporates and government departments in Wellington and Auckland on alternative ways to save jobs and money.

The New Zealand Government is looking for ways to cushion the workforce from redundancies with schemes like a nine-day fortnight, but they could provide leadership to avoid the present employment binge-and-purge cycles, according to Wheeler.

C[pounds sterling]Some companies are getting rid of staff today, but in the not-too-distant future when the recovery starts theyCOll be re-employing them all back again at an enormous cost.C[yen]

Wheeler predicts thousands of workplace functions that exist at the moment wouldnCOt be around when the recovery starts. In their place will be tens of thousands of new jobs requiring new skills.

C[pounds sterling]There wonCOt be a shortage of people, there will be a shortage of people with the right skills to carry out the new functions that will emerge.

C[pounds sterling]The need for new skills will accelerate the trend for on-the-job training that delivered results that were faster, quicker and cheaper than classroom training,C[yen] he said. …

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