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"?
Usually, attempts to predict the future are based on past and present data and analysis of trends. They are based on forecasts.
Just think how many forecasts we have read before leaving for the PMI EMEA Congress in Barcelona: weather forecast, traffic forecast and so on and so forth. We had the past data (Barcelona was sunny in May for the last 5 years or so) or the present one (for my town, some of the main central roads were closed this week-end due to some special events). We just needed the trend analysis so we could predict the future and, most important, prepare for it. (leave early for the airport, pack some waterproof jackets etc.).
This is actually what I am most looking forward to get from this PMI EMEA Congress: Project Management-related "forecasts". This way, we will be able to alert the organisations and prepare better so the future will have less (unwanted) surprises.
Are you ready to join us and start preparing for the future in Project Management?