
"Living and working in an emerging market opens the door to new ways of working and new possibilities as resource constraints demand flexibility and openness to change."
Booming metropolises from Mumbai to Sao Paulo have an almost inexhaustible need for new roads, pipelines, power plants, sewers, water recycling facilities, ports, airports, schools, hospitals, housing and other vital infrastructure. To plan, build and maintain this infrastructure, developing nations will need millions of highly skilled workers, including civil engineers, electrical and mechanical engineers, architects, designers, surveyors and project managers. They will also require a burgeoning army of low-to-medium skilled workers, including technicians, drivers, laborers, construction workers and machine operators.
Closing the talent gap in the emerging world explores the many sides of the talent shortage challenging infrastructure companies working in emerging markets. It also discusses needed investment in education and training and increased talent planning within companies, along with other measures designed to attract and retain both domestic and international talent.
There is clear evidence of a global skills shortage that is particularly acute in the developing world. Last year, Manpower Group’s annual Talent Shortage Survey found that 45% of Asia-Pacific employers had difficulty filling job vacancies due to a lack of available talent. In India, 67% of employers reported difficulty, versus a global average of 34%. In Brazil, 57% of employers said they had difficulty in filling positions. In Mexico, the figure was 42%. About three-quarters of employers globally cited a lack of experience, skills or knowledge as the primary reason for this struggle to hire appropriate workers