Is your workforce ready?
Human capital issues remain at the forefront for power and utility companies. Utility companies are responding to the need for renewable and environmentally friendly generation capacity, safety concerns, and an aging infrastructure. New technology is being introduced into the industry that requires employees to expand their skill sets and capabilities.
In addition, the industry faces the consequences of poor succession planning as the current workforce nears retirement en masse and the future workforce looks to other industries.
Innovative and forward-thinking power and utility companies are effectively addressing the talent challenge in four key areas:
Companies that focus on these key areas are better prepared to handle their talent needs, enable more proactive management of talent issues, and provide stronger talent leadership, positioning the company as a leader.