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Watch out for the Talent Shortage Iceberg!
| Guest post by: Ben Nash |
Article Overview: Sometimes in the midst of the current recession we forget that we have a looming talent shortage – and it will be here before we know it. You might even call it a looming Talent Shortage Iceberg! Take the shipping industry for example. Even as the rescission has reduced the volume of shipping in the last two years, shipping volume overall is up substantially compared to ten years ago. The number of tankers in the ocean, worldwide, rose 17% between 2001 and 2005 and container ships jumped by 30%. With this increase comes the need for talented deck and engineering officers-but the industry is already finding it hard to recruit qualified officers.
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Free Download - Keeping the Change Process Cool By Ben Nash |
Watch out for the Talent Shortage Iceberg!
Sometimes in the midst of the current recession we forget that we
have a looming talent shortage – and it will be here before we know it.
You might even call it a looming Talent Shortage Iceberg!
Take the shipping industry for example. Even as the rescission has
reduced the volume of shipping in the last two years, shipping volume
overall is up substantially compared to ten years ago. The number of
tankers in the ocean, worldwide, rose 17% between 2001 and 2005 and
container ships jumped by 30%. With this increase comes the need for
talented deck and engineering officers—but the industry is already
finding it hard to recruit qualified officers.
The worldwide shortfall of officers stands at 10,000, or 2 percent of
the total workforce. By 2015, however, the projection is for the
officer shortage to triple. The numbers mask a more troubling skills
shortage. The more sensitive types of shipping, for example cruise
ships, cargo ships, and fuel tankers, are entrusted mainly to developed
first officers who have undergone more rigorous training than their
second or third officer colleagues. More than a quarter of these
officers are now over 50 years old and moving toward retirement. Sources
in the industry freely admit that they have not done enough to recruit
and train talented people to replace them,
This pattern is being repeated in industries that require highly
trained and experienced staff. If you are in an industry that depends
on recruiting experienced and qualified people, then look carefully at
the dynamics of the demographics affecting the availability of talent
over the next five to ten years. Unlike the shipping industry you
probably want to start planning now to avoid hitting the talent shortage
iceberg!
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Article Tags: container ships, hr blogs, human resources blog, organization development, recession, shipping industry, shipping volume, talent management
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About the Author: Ben Nash RSS for Ben's articles - Visit Ben's website Ben Nash is the editor-in-chief of DailyHRTips.com. He is the founder and chief developer of the blog, providing tech/design support as well as tips and book reviews. Ben has held many interesting jobs in his professional career, including: barista, landscaper, public policy intern, barista (again), professional horse wrangler, ski lift attendant (aka "liftie"), political science teaching assistant, marketing and sales assistant, and an ecommerce/web developer. He also doubles as the Creative Director at Aspen Organization Development Consulting. Ben has interacted with many people, in many different organizations and offers some interesting insight on the human resources game. You can read his blog at http://www.DailyHRTips.com and visit his website at http://www.AspenOD.com. Click here to visit Ben's website   Keeping the Change Process Cool Managing Unrealistic Employee Expectations for Rapid Promotion Boot Camp Training for Conflict Resolution Skills Tragic Change in Poland Building an Effective Talent Management System |
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