8 Innovative Strategies Manufacturers Can Use to Overcome the Talent Shortage
Much like supply chain problems in 2020, the labor shortage became the defining story of the second half of 2021. It’s gaining so much attention that every executive must have a plan, because board members and investors are looking for reassurance that a lack of skills won’t translate to lost business. While an overall worker shortfall is a widespread problem, our recent survey revealed there is more specifically a shortage of people with the particular skills that businesses need. While almost equal numbers of executives and managers said it was somewhat easier and somewhat more difficult to hire now compared with 2019, that doesn’t tell the full story.
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