Amidst economic struggles and high unemployment levels, skills shortages endure. Particularly persistent and acute is the shortfall of scientific, technical, engineering, and mathematical (STEM) talent. Consider these findings from APQC’s recent Work force Capabilities survey.
- More than three-quarters of employers are having difficulty securing workers with the capabilities required to meet business objectives.
- Eighty percent of these employers are finding it difficult (48 percent very difficult) to secure workers with scientific skills.
- Sixty-five percent are finding it difficult (45 percent very difficult) to secure workers with engineering skills.
Learn how to handle this technical talent challenge by listening to the recording of APQC’s July 2011 Human Capital Management (HCM) community call, Getting Started with Technical Talent Management.
Learn about the elements of effective technical talent management programs. Bill Rothwell, Professor of Workforce Development at Pennsylvania State University, discusses how sourcing, developing, and retaining technical professionals requires a unique approach to talent management.
APQC, along with study adviser Bill Rothwell, is conducting a best practice study on sourcing, developing, and retaining technical talent. If you are interested in learning more about this study, visit www.apqc.org/talentmgmt2011.