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Sunday, June 25, 2006

Accenture Study Includes Report on Talent Time Bomb

According to the "Accenture High Performance Workforce Study"--conducted approximately every 18 months, most senior executives report that their workforces lack the skills their companies need to achieve market leadership, and even their critical functions do not perform as strongly as they should. Among other things, 60% of the executives reported that, over the next five years, they expect to begin feeling the impact of the aging workforce and the impending retirement of baby boomers: "Of those, 28% said they are feeling the impact now. Almost one-half (43%) of participants described talent sourcing as a challenge or a severe challenge, primarily because of a smaller or shrinking talent pool from which to choose."

Source: Accenture News Release (June 21, 2006)

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