Since the onset of the global pandemic, supply chains have faced great disruption, and there’s been no abatement in terms of the trade wars between Europe, North America, and China.
Covid-19 brought the world to a stop. But what we’re facing now is not so much a problem of manufacturing — it’s a problem of logistics, and it’s affecting multiple sectors all over the world. This was recently explored in an article by Supply Management here, where they discussed in particular the ‘War On Talent’.
We’re currently witnessing what’s called “The Great Resignation”, and the effects of it are manifesting in professions that, traditionally, were not very well paid or in which the work conditions weren’t brilliant. People in those positions, like delivery and truck drivers, are now electing to go do other things. So, the demand on the workforce and the thirst for talent is going to be extraordinary.
Martin Smith, MD here at Talent Drive, added;
“Due to a skills shortage in procurement (and most other sectors) it has become a real scramble to find the best talent for procurement organisations but also to retain them. It is no longer about just the money for candidates joining a company as everyone has choice. The key differentiators to find the best talent is to show a collaborative company culture, agile working and that they have a clear D&I and Sustainability agenda.
Once onboarded it is more important than ever for leaders to invest in training and supporting their staff and empowering them to take on innovative and strategic projects to give them that professional satisfaction in their working environment”
What are your thoughts on the ‘War On Talent’?