Talent shortages are likely to reach critical levels over the next decade. Analysts at the Korn Ferry Institute predict that the global talent shortage could hit 85.2 million people by 2030. Consultancy firm Gartner agrees: its 2018 Emerging Risks Survey found that a talent shortage is an employers’ most commonly cited risk. The hardest hit industries include financial[…]
Operational efficiency is critical to business effectiveness. Market research firm IDC says that companies can lose as much as 30% in revenue annually due to inefficiencies. Thankfully, Human Resources can play a prominent role in driving greater efficiencies. Strategic outsourcing can help even more. According to consultancy firm The Hackett Group’s research report, “Forging a[…]
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