Rainer Strack, Senior Partner and Managing Director at Boston Consulting Group, is an HR expert. I watched his TED lecture from October 2014 on the looming workforce crisis that will impact the world.
Here are the key points if you don’t have the time to watch his talk:
1. Working population is aging fast and there aren’t enough babies to fill the gap!
2. We are collectively plunging headlong into a skill gap nightmare if we don’t act now.
3. Machines and automation are not only eliminating jobs, but creating new jobs.
4. Fining talent and retaining them will become central to any company’s strategy, much more than financial planning.
The video is certainly much better than my summary. Watch it, please!