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Global human capital trends 2014.
Monday, 14th April 2014
Source : Jeff Schwartz, Josh Bersin & Bill Pelster

CEOs and HR leaders see talent as a major challenge to growth; where should you focus? Our survey of 2,500+ respondents in 90+ countries reveals 12 critical trends shaping the human capital agenda.

As we begin 2014, global organizations have left the recession in the rear-view mirror and are positioning themselves aggressively for growth.

Sluggishness has given way to expansion. Retrenchment has been replaced by investment. The need for caution has been superseded by the need to take action.

Yet as the economic recovery takes hold, businesses realize that the workforce today has changed. Skills are scarce, workers have high expectations, and Millennials are now in charge. Enter the 21st-century workforce.

The 21st-century workforce is global, highly connected, technology-savvy, and demanding.

Its employees are youthful, ambitious, and filled with passion and purpose. Millennials are a major forceóbut so are older workers, who remain engaged and valuable contributors.

Critical new skills are scarceóand their uneven distribution around the world is forcing companies to develop innovative new ways to find people, develop capabilities, and share expertise.

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