Magazine article Personnel Journal

International Business Leaders Rank Their Top HR Concerns

Magazine article Personnel Journal

International Business Leaders Rank Their Top HR Concerns

Article excerpt

HUMAN RESOURCES CHALlenges come in different packages, depending on what country you look at.

Take, for instance, the aging of the work force--it's the top concern for Japanese business leaders, and is ranked fairly high throughout many European countries. Yet U.S. leaders rarely cite it as a challenge, despite the graying of the baby-boom generation.

Perhaps it's the U.S. employers' favorable view of older workers that makes work-force aging less threatening: Of those who believe that productivity eventually declines with age, U.S. leaders say that productivity stays level until age 56. This is a far more optimistic attitude than that of German leaders, who believe employees begin slipping at age 45.

Yet, despite some differences of opinion, many of the same HR issues recurred when Watson Wyatt Worldwide surveyed more than 1,800 CEOs, CFOs and senior HR executives in Canada, France, Germany, Japan, the United Kingdom and the United States.

* The top human resources challenges facing Canadian firms are leadership development (33% say this is their top concern), organizational restructuring (24%) and training and development of workers (23%). …

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