Seb O’Connell, Cielo’s Executive Vice President and Managing Director for Europe and APAC, was quoted in a Forbes piece by Karen Higginbottom titled, “Challenges For HR Directors In 2016.” This article synthesizes the opinions of HR and talent acquisition experts as they lay out the challenges HR leaders will face in the new year.
Excerpts from the article:
“As Benjamin Franklin, one of the founding fathers of the US remarked: ‘It takes many good deeds to build a reputation and only one bad one to lose it.’”
“On a macro-economic level, the population continues to age in many countries across the EU as well as the US and Japan. Germany and Japan have a population average age of 46 years while in the US this is 36 years old. The demographic profile is very different in Africa where the average age in South Africa is 25 and 15 years old in Uganda. The changing demographics within the West and in emerging markets will have implications for the talent management programs of global firms.”
“Major skill shortages and huge changes in demographics will be on the radar of HR directors of FTSE100 firms, remarked Nick Holley, co-director of the center of HR Excellence at Henley Business School. ‘I see a lot of companies have a big issue where there is shortage of science, technology, engineering and mathematics (STEM) skills. At the same time, we see that many FTSE100 firms have demographic problems as there are a significant proportion of baby boomers on the cusp of retirement. There is a real issue with knowledge transfer here.’”
“Seb O’Connell […] also identified skills shortages and diversity as the major challenges for HR directors within FTSE100 firms. ‘The Confederation of British Industry (CBI) is saying that employers are having difficulty recruiting. Skills gaps are worsening and the demographics of the working population in Europe is changing so workforce diversity will become a necessity rather than an objective.’”