Project Management

PM Network

by , , ,
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.

About this Blog

RSS

View Posts By:

Cameron McGaughy
Aaron Smith
Deryn Zakielarz
Jill Diffendal

Past Contributors:

Dan Goldfischer
cyndee miller

Recent Posts

2022 Jobs Report: Opportunity Amid Recovery

Digital Disruption and Global Megatrends 2022

Managing in the Workplace of Tomorrow

More (Earning) Power to You

From the Publisher: PM Network is going digital in 2022!

Categories

2016 PMI Project of the Year, 2016 PMO of the Year, 2017 PMI Project of the Year, 2018 PMI Project of the Year, agile, aging, airports, Arctic, Artificial Intelligence, augmented reality, automation, awards, banking, battery storage, Best Practices, BIM, books, Boston, brain, Brexit, career, Career Development, career management, careers, Caribbean, change, China, cities, clothing, cohesion, communication, Complexity, Construction, contingency, creativity, crowd control, customer centricity, customers, Decision Making, design thinking, digital technologies, digital transformation, digitization, disabled, disagreements, Disruption, disruption, disruptive technologies, Energy, engagement, entrepreneurs, feedback, fintech, fitness industry, focused data, gender, Generation Z, Generational PM, Getting It Done, Government, groceries, Healthcare, Human Aspects of PM, Human Resources, hurricanes, Inclusion, Information Technology, initiation, Innovation, innovations, integration, job interviews, jobs, KPI, law firms, Leadership, Legal Project Management, Lessons Learned, marathon projects, medical tourism, megaprojects, Mentoring, Milan, mining, Monte Carlo analysis, nanotechnology, Nigeria, organizational agility, outsourcing, Panama Canal, passive candidates, perspectives, PM & the Economy, PM Network, PMI Project of the Year, PMO, PMO, PMO of the Year, polls, professional development, Program Management, public-private partnerships, rail, railroads, real estate, references, renewables, resumes, retail, risk, risk management, risks, robotics, salary, schedule, schedule compression, schedules, scope creep, silk road, Social Responsibility, sponsors, stalled projects, standardized projects, startups, strategy, Sustainability, talent, Talent Management, talent shortage, Teams, Tech, Technology, technology, technology trends, Telecommunications, terrorism, The Project Economy, transformation, uncertainty, Virtual events, virtual reality, voice-assistant technology, women, Women in PM

Date

Bridging the Talent Gap

Categories: Human Resources

linkedin twitter facebook Request to reuse this  

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 | Permalink | Comments (3)

Locking in Learning from Remote Work

linkedin twitter facebook Request to reuse this  

Organizations are facing the challenge of what work should look like now that restrictions from Covid-19 are beginning to lift. Cali Williams Yost is the founder and CEO of Flex + Strategy Group, a firm that helps organizations unlock performance and engagement by reimagining how, when, and where work gets done. During a recent episode of the Center Stage podcast, Yost shared insights with PMI CCO Joe Cahill on how organizations can lock in the benefits of what they learned about flexible work strategies during COVID-19.

Cahill: Polls show that more than half workers want to keep working from home after the pandemic. Are employers ready and willing to embrace this much of a shift away from the office culture of the past?

Yost: The flexible work ship has sailed. The argument that it can’t be done is not going to hold. But people also want to go back and be with the people they work with. Most are going to want a hybrid remote/on-site reality.

The real goal is to now look at a holistic, strategic approach around rethinking work. There is an awareness that it’s not going to go back. So how do you make it happen?

Cahill: What are forward-thinking organizations doing right now to plan this future of work?

Yost: They’re really stepping back and they’re trying to understand how work has been transformed by the pandemic. They are taking the time to say, what have we learned that we’re going to keep? How can we then add that back into the things about the way we worked before that still are important?

Then from that baseline learning, they are now saying, how do we have to redesign our workspaces? How do we have to re-align the ecosystem of our enterprise around this new way of working? Does our performance management system support the competencies that people need? How are we going to attract and retain our talent?

Cahill: We see a lot of potential for new projects to design this new reality. What will some of these projects look like?

Yost: One size is not going to fit all. So, different organizations are going to approach this redesign based on what they do and their business and what the needs are.

But in terms of the approach, it should be cross functional. You want to have HR working with facilities, working with technology, working with leadership from the business, so that they are able to be involved in terms of determining how, when and where work is done best within their particular businesses and what that innovation can look like. And you want to make sure that you are cascading and pulling in the input of your employees into that decision-making process.

Listen to the full podcast on Center Stage.

Posted by Jill Diffendal on: July 16, 2021 01:07 PM | Permalink | Comments (2)
ADVERTISEMENTS

Not that there's anything wrong with that.

- Jerry Seinfeld

ADVERTISEMENT

Sponsors