Change is happening: Is your workforce ready?

January 2012
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Change is happening: Is your workforce ready?

At a glance

Many power and utility companies have an aging workforce that creates operational risk, but they are challenged with how to best address changes within their organizations. A workforce survey by PwC reveals how leading power and utility companies are addressing change in leadership development, performance measurement, organizational realignment, and the role of human resources in supporting the business strategy.

Many power and utility companies are aware that the aging workforce is a significant risk to their operations, but they struggle with how to best address industry changes within their organizations, according to respondents to a utilities industry survey conducted by PwC Saratoga in May 2011.

PwC’s survey looked into four areas in which successful, innovative and forward-thinking power and utility companies are effectively addressing change: developing and retaining leaders, effectively leveraging performance measurement and technology, realigning the organizational structure, and ensuring that the Human Resources (HR) team plays a significant role in overall business strategy.