Skills Shortage or Talent Management – Are We Still Looking for an Ideal Fit?
We often complain in South Africa about a brain drain or a skills shortage crisis. And, admittedly so – the numbers confirm this to be true. A recent Adcorp study showed that there are hundreds of thousands of unfilled positions for high-skilled workers across a wide range of occupations in South Africa. The 2013 Talent Shortage Survey from Manpower Group confirmed this.
But how do you then explain that the second most sought after people in 2013 were executives or managers (according to the Manpower study)? How do we search for talent? Are we still looking for an "ideal fit", which in recruitment terms refers to the perfect technical or corporate fit or a combination of both? The real question is how do we define “ideal”?
This debate is important since the challenge of a shortage of suitable skills and an aging workforce is a global one, confirmed by the Grant Thornton International Business Report showing South Africa to be on par with the rest of the world. Well, how does the rest of the world deal with this problem?
International companies attach significant value to hiring potentially trainable talent rather than searching for a perfect fit. SM Placements comments that Universities in Europe reward students with university points for working in foreign companies.
As our competitive national “talent war” intensifies, and the global labour market becomes more accessible, talent management is becoming a more integral part of business strategy. It is no longer just about acquiring the best talent available, but rather about promoting or in some instances creating from scratch a culture where talent is recognised, nurtured and effectively managed in an organisation. In addition to this, we need to re-examine the tools we are using to search for suitable talent. Perhaps the willing talent out there is not a perfect fit. We may even see some rough edges. But if these individuals are trainable, then why not invest in them!
Skills development is our business, not just the work of human resources practitioners seeking to accumulate BBBEE points, or financial managers wanting to maximise a return on levies paid. It makes good business sense to invest in creating a talent management culture - to identify talent, carefully construct training and development plans, actively promote succession planning and be a part of the team that produces employees who become brand advocates, selling your business as an employer of choice. If every South African business invested in building this culture, where will the skills shortage be? Certainly not in South Africa!
IT Academy & Talent Manager | 23+ Years in Training & Development, Talent and HR, | 10 Years Specializing in IT ?? CapeBPO Semi-Finalist Top Trainer 2024
10 年Good day, thank you for the mention in your article. It would of being greatly appreciated and welcomed to be contacted, and have the opportunity to respond. I don’t just write articles and blogs etc without major reach. You raise valid point in your article which I can agree on, but not all. I am currently in the process on my response to you on this article whereby I have proof that the education standards that are allowing students to leave to not equip them enough. 50% pass rate on a student who grated should never have. Yes companies so need take responsibly for talent management, but how can they if they grates they received are not the level they should be. Its starts at the school, the education system will soon go through ANOTHER change, but in order to better the education, the systems, and student’s marks. The most basic on obvious thing need to be done. The teachers need to be properly educated them self and erupt with the right skills, before they can teach. The at bar needs to be resided much higher get our educator more competent in order to teach our kids the correct way, with the book being delivered on time, proper schools in place. You can’t start at the top and work down, it won’t work. Focus on the Cristal area and work up. University should not be accepting student on an average passing grade of 50 – 60%, already that’s first problem. Overcrowding schools, allowing those same low levels graduate. The only way to get out of this, is to think reality, do a strategic plan, career development plan, along with quarter performance review, layout, and goals. Get lower education running smoothly? It’s has to been done or it will never come right and we will always have university pass average where is is. UNACEPTABLE
Key Account Manager - Enterprise Business
10 年so...so true. A lot of companies don't want to invest in talent yet when that talent is nurtured, it will be to the benefit of the company.
National Service Manager at Hirschs
10 年There is little doubt that talent retention is key, not only for the success of individual businesses but for our beautiful country as well. South African company's are trading in a "global market" and are competing for local talent who are seeking opportunities globally. Progressive organizations are beginning to see the value in talent retention. However, this is enough! Besides the need to want to see the world, we must not lose sight of the fact that there are greater factors that has influenced the brain drain. Socio-economic factors, political pressure and ongoing corruption have, without doubt, influenced graduates, across the racial line, in their decision to seek employment outside our borders. Unless, we see change in these areas, we will continue to "lose" more talent to the rest of world.
Vocational Education and Training Specialist
10 年As a South African I originally emigrated in New Zealand in 1998 and lived there for for 7 years and now 10 years living Australia . I have come across my ex South Africans in both countries, with the skills, knowledge, innovate capabilities in many professional sector, including, education, health services and CEO,s heading large corporations. I found the article very informative, thought provoking and based on reality, especially on 'the brain drain. This article seeks to raise questions, identify key issues and is based on what is happening in South Africa. I commend the writer for this article.
Property Consultant at Wakefields Real Estate, Westville
10 年Excellent article Roger. We should all try to improve our skills through studying on a part-time basis but one has to be determined, as it is not easy when you work all day. I think companies are reluctant to develop and train staff, as they put in the effort and time, only for the employee to find a better paying position and leaves to join someone else.