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Business webinar to cover workforce skills and strategic planning

Tue, 4 Sep 2012 09:16:21 EST

Sydney, Australia – Leading Business Execution software company SuccessFactors is holding a business webinar to discuss workforce skills and strategic planning, taking place at 14.00 on Thursday 6th September.
 
The webinar, titled Understand your future skills requirements with Strategic Workforce Planning, will focus on a recent business research programme SuccessFactors conducted on understanding the impact of a skills shortage.
 
The results of the programme show that having the right people with the right skills within a business helps deliver a great performance; however, if the business doesn't have access to the people with the skills, then business performance levels will naturally deteriorate. Skilled workforces are aging. The huge surplus of workers created by the Baby Boomer generation is getting old and retiring, taking their skills and experience with them.
 
Rapid technological development is worsening the skills shortage. Computer sciences and engineering, in particular, are susceptible, with 36% of IT companies and 28% of energy companies expecting large increases in staff over the next three years. They are not alone – many industries face threats to their workforce capabilities.
 
Without a skilled workforce, vital tasks and business processes cannot be performed efficiently, leading to capacity bottlenecks, capability issues and reduced business performance. As the workforce ages and the talent shortage worsens, companies face severe threats to their competitiveness.
 
Many companies are already putting workforce planning and staff development plans into action. They know it's vital to start investing in talent management and employee development to equip themselves with the skilled workforce they need today and in the future.
 
To register for the SuccessFactors' webinar, visit https://www.successfactors-connect.com/bridgingthegap/events.php.
 
Furthermore, visit http://www.successfactors.com to learn more about the company's business execution software solutions.