The talent race is back on

CEOs are once again citing a lack of key skills as the hottest issue on their agenda.

After a period of cost cutting, hiring freezes and budget constraints, HR leaders are being challenged to mobilise talent to help businesses grow. But apparent shortages of the right people with the right skills in the right places remains a major concern, causing many CEOs to demand a rethink of their entire people strategy.

A lot of investment in talent over the past few decades has been made in economies that are now slower growing. CEOs need to work out how to focus their absolute top talent on their biggest single opportunity – that of growing in the emerging markets. One thing seems clear, the talent race never finished and competition remains as intense as ever.