Talent Crunch : Issues & Perspectives

Talent Crunch refers to the lack of skilled manpower. This deficiency is a major problem the companies are facing in today''s environment. Companies are trying to attract and retain their employees in all possible ways, but still the problem of shortage is never ending. This deficiency is observed in sectors like IT/BPO, Aviation, Animation, and Tourism. It may be because of many reasons like poaching, ageing problem, unmotivated, and untrained labour force. Even the countries that have a huge population and a good skilled workforce like India and China are also facing this problem. The main reason may be due to the lack of adequate educational facilities in the home country, migration etc. It is, therefore, necessary that the government and the employer take necessary steps to reduce this problem and beat the shortage of skills and talent successfully. This book discusses how to beat the shortage of skills and talent. The book also discusses the reasons for shortage of talent and skills, strategies HR managers implement in overcoming this deficiency. It further discusses in detail the role of government, employer and employee in overcoming this problem. The book examines the experiences of sectors -- IT/BP0, Aviation, Tourism and Advertising and the necessary steps they have taken to defeat the problem. The book discusses the experiences of countries like China, India, Europe, and the US. It highlights the fact that in spite of having a huge population and a good skilled manpower, those countries face the problem of shortage and it also depicts the steps their governments or the organisations in those countries have taken to overcome it.