Are You Prepared for the Supply Chain Talent Crisis?
October 14, 2010
The MIT Center for Transportation & Logistics has published a new whitepaper that addresses the need for companies to be more proactive in their approach to recruiting, developing, and retaining the supply chain professionals they need to stay competitive.
Amid one of the deepest recessions ever to hit the United States and with the official unemployment rate approaching 10%, companies should have little difficulty retaining key employees. Why then are supply chain leaders citing talent recruitment and retention as one of their top concerns in 2010 and beyond?
We think the Great Recession is partly to blame. The scarcity of job openings caused by the downturn can, paradoxically, engender a false sense of security when it comes to keeping valued employees. Many individuals who show no outward inclination of wanting to change jobs are polishing their résumés and LinkedIn profiles in readiness for the economic turnaround. Moreover, survivors of the downturn have had to learn how to achieve more with less; these skills make them even more attractive to enterprises intent on luring talent with improved compensation packages and appealing career prospects.
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