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Trends emerge as companies grapple with talent crunch

Not What, Not How, but Who? Western Companies Face a Worldwide Talent Crunch

Faced with an aging workforce and a growing demand for skilled workers in emerging markets like China and India, companies in the West are grappling with a talent crunch of unprecedented scope. According to experts at Wharton and The Boston Consulting Group, firms are increasingly questioning their workforce requirements and quality, training and development, and wage levels. Responses include over-hiring to meet future needs, upgrading training in concert with universities and in-house corporate schools, and extracting greater productivity through innovation.

Full Story: http://knowledge.wharton.upenn.edu/article.cfm;jsessionid=a8308e976abf27566e47?articleid=2056

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