In his column in the new Sustainable Business Review, Oliver Balch analyses the latest sustainability news affecting companies, from climate risk to supply chain standards.
The strategy addresses the real and growing skills’ gap worldwide. A new report from global staffing agency Randstad Sourceright finds that 40% of human resource leaders already say talent scarcity is negatively affecting their company. The issue is particularly acute in the digital space. Several years ago, Korn Ferry, a global consultancy firm, predicted that skill shortages could see 85 million jobs go unfilled by 2030, representing $8.5tn in unrealised annual revenues. If anything, the problem has only got worse. Research by consulting firm Everest Group, for instance, finds that three in four companies expect not to be able to fill key IT and analytics jobs post-Covid, despite the recession.