Talent Crisis Looming For Global Companies

Unemployment remains high, yet senior execs doubt they can find enough talent to drive growth and successfully pursue global business strategies, according to PwC’s annual survey of global CEOs. Talent management is the #1 priority for corporate leaders, up from third on the list last year. Mobile employees are part of the equation, as CEOs seek to accommodate talent that yearns to travel far from the home office to exotic locales. This will increase the need for corporate focus on international tax codes, compliance mandates and tech support. "The 'war for talent' is not just a numbers game – it means finding, retaining and motivating employees whose skills fit the company's strategy," said Ed Boswell, U.S. Advisory People and Change practice leader at PwC. "As the economy is gradually showing signs of improvement, companies are putting their emphasis on their people." More than 1,200 chief executives in 69 nations took part in the research. For more information about the survey, click here.