Do Skills Shortages Threaten Corporate Growth and Innovation?

Global Skills Shortages Threaten Corporate Growth and Innovation

by CFO Innovation Asia Staff

Αccording to a new survey released by Deloitte and Forbes Insights, “Talent Edge 2020,” the quest for talent in global and emerging markets is the leading concern among 41% of the corporate executives and talent managers surveyed, and a slightly more pressing concern for companies in Europe, the Middle East and Africa (48%) than their counterparts in the Americas or Asia-Pacific countries (35% and 41%, respectively).

The Survey, also reveals potential critical shortfalls in research and development (R&D) skills and executive leadership. Nearly three-quarters of executives surveyed (72%) anticipate either a severe or a moderate shortage in R&D talent, while more than half of those same executives (56%) stated they expect the same magnitude of shortage among executive leadership.

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