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The Project Management Institute's annual events attract some of the most renowned and esteemed experts in the industry. In this blog, Global Conference, EMEA Congress and experienced event presenters past, present and future from the entire PMI event family share their knowledge on a wide range of issues important to project managers.

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Deepa Bhide
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Catalin Dogaru
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Yves Cavarec
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Carlos Javier Pampliega García
Michelle Stronach
Laura Samsó
Marcos Arias
Cheryl Lee
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War for talents - Can anybody win this?

After the first day of the Congress, I have the first "forecast" for our (Project Management) future: we will have a big "war for talents", no matter the industry but with an intenser focus on Digital/IT area

As Isabel Aguilera said today, in the keynote speech, "if you want to unleash the potential of your company, you need to be a magnet of talents". It's no surprise that in an extremely dynamically digital world, the human resource still remains the centre of any ecosystem. And this is valid for both directions: influencing the systems or being influenced by it.

The talents might prove to be the only sustainable advantage in a competing environment. But, as any other "resource" on this planet, it's not an unlimited one. Or, at least, it is not keeping up with the demand. So, as (again) for many other natural resources, it will trigger a "war" between companies and organisations from all around the world.

The signs are already there and, unfortunately, some of the effects can already be seen: exponential (but not sustainable) grow of the average remuneration, increased churn of employees, superficial assessments/interviews which result in poor selections and employee frustrations and so one and so forth.

As Isabel Aguilera mentioned today, the companies are already "aware of this great challenge". But, instead of finding a way out of it, due to (again) fierce competition, I see that they are actually preparing for it. Or, at a minimum, they don't do too much to avoid the (almost generalised) "war".

It will be harder and harder not only to find great talents, but, most important, to keep them in your company/organisation. In a full-scale "war for talents", no matter if they are Millennials or part from Generation X, Y - every talent will be head-hunted continuously, bringing more and more challenges in an already challenging environment. And nobody will win.

Are you ready for this "war"?

Posted by Catalin Dogaru on: May 09, 2016 07:18 PM | Permalink | Comments (1)
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