Transforming for the future
Industries in Transition. How do you solve the talent shift?
September 23, 2022 | Episode 8 | 17:19
The Transforming for the future podcast series features Mercer's consultants who are helping organizations stay ahead of the curve by embracing transformation, exploring new ways of working, and reinventing their employee experience. We'll discuss the most pressing issues facing leaders today and how to shape the future of work so that your business and people thrive.
Today we are joined by three of our industry leaders from Automotive & Manufacturing, Energy, and Technology. Mike Ponicall, Industry Leader for Automotive & Manufacturing, Milan Taylor, Energy Industry Leader, and Ted Patchet, Technology Industry Leader. These leaders will provide a lens on the opportunities and challenges facing their industries in 2022 and beyond.
These industries have several things in common. Most notably, they are all undergoing a period of transformation. And to meet their objectives, they need to address the talent shift affecting all industries and organizations. Not an easy task.
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Interesting moments from the interview:
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A talent shortage
"A talent shortage, from my perspective, implies a short-term issue and one that can be relatively easily corrected. But I think a talent shift implies a longer-term change that alters how one approaches a topic. What we're seeing is the demand for talents, especially tech talent, continues despite the economic headwinds mentioned earlier." -
Making significant changes in the auto industry
"The auto industry will have to make significant changes in how they compensate people, and the kind of benefits they provide and kind of perks they provide to compete against the tech industry." -
Industry transformation
"From an energy perspective, I think what I hear both in the U.S. and globally from energy firms is they still struggle to get the digital talent they need in their organizations as they, as industry transform, and it's not just the attraction piece it's. Also, when they get digital skill sets in, they are struggling to keep them in the organization for a period. It's a real challenge."
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