Korn Ferry's recent 'Talent Crunch' research forecasts talent shortages of 2.2 million skilled workers in Australia by 2030. To understand what organisations are doing to prepare, our new study, The Talent Shift, collected the views of senior leaders in Australia on skilled talent shortages.
Here are some key findings:
- Three in four organisations intend to double headcount by 2030;
- 85 per cent of leaders say their companies will need more highly skilled workers as a proportion of the workforce;
- More than half of leaders believe there will be enough skilled talent or even a surplus by 2030; and
- Only five per cent of leaders say they have a formal talent forecast that stretches to 2030.
The research shows that Australian leaders are positive about the future but the question is, are they ready to mitigate the impact of the talent crunch?
The Talent Shift examines in detail Australian leaders' attitudes to talent, risk, and value creation in times of talent shortages. Read on to discover how well-prepared your leaders are and what they need to do to ensure their organisations thrive despite a talent crunch.
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