He highlighted there is a shortage of skilled talent, especially young talent, in almost all organizations and at all levels. Companies are spending more time, energy, and money in recruiting and training, and then utilizing a lot of time of the more experienced employees only to lose talent in a short period of time. They are rightfully concerned about the amount of return they get on recruiting efforts. It's not just that there is high turnover, but Staffing Managers are very concerned that the type of turnover that occurs is changing significantly. Historically, the best workers would rise to the top and the majority of turnover was by those folks who didn't see a way to the top.
Some organizations are able to turn the staffing crisis into a strategic advantage.
They are able to get the best work from the best people. The challenge is to get this advantage and leverage it. We need to change the fundamental way we manage people. We tend to look at employment as full time, on-site activities with no breaks in service and long term career progression. Reality shows that this isn't realistic.