Bridging the Talent Gap
From the PM Network Blog
by Cameron McGaughy,
Aaron Smith, Deryn Zakielarz, Jill Diffendal
PM Network is the award-winning magazine for members of the Project Management Institute. This blog will highlight some of the publication's valuable information and insights, keeping you up to date on industry trends.
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The PMI Talent Gap report offers insight into a decade’s worth of project management-oriented employment trends, costs and global implications.
In order to better understand talent and employment trends in the world of project management, PMI has completed its latest assessment of the “projectized” industries that leverage these skills. Using data from selected regions, the PMI Talent Gap report offers a birds-eye view on the skills that are most in demand, as well as the scope of the talent shortage.
PMI’s research points to a persistent gap between the global demand for project management skills and the availability of talent. For job-seeking project professionals, this information translates into a wide array of new job opportunities in PMOE. For organizations that rely on project leaders and changemakers, the talent shortage is a considerable risk. For instance, by 2030 this talent gap is likely to impact every region, resulting in a potential loss of up to US$345.5 billion in global GDP.
Here is a snapshot of the top three reasons for the talent gap, as revealed by PMI’s research and detailed in the report:
- An increase in the number of jobs requiring project management oriented skills
- Higher demand for project professionals in emerging and developing countries due to economic growth
- The rate of retirement from the workforce
Learn how upskilling the workforce and empowering a new generation of talent with the necessary project management skills will be critical in narrowing the talent gap. Understand how to put key takeaways from this insightful PMI Talent Gap report to work for your organization.
Posted
by
Deryn Zakielarz
on: August 03, 2021 11:13 AM |
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Comments (3)
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Luis Branco
CEO| Business Insight, Consultores de Gestão, Ldª
Carcavelos, Lisboa, Portugal
Dear Deryn
Thank you for sharing with us the main conclusions of the "PMI Talent Gap report" and for awakening my interest in reading the aforementioned document
Kwiyuh Michael Wepngong
Community Champion
Financial Management Specialist | US Peace Corps
Yaounde, Centre, Cameroon
Thanks for this very vital info
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