Tammy Erickson of the Harvard Business Review posted this article today on the need to address both sides of the national shortage of jobs and skills. She leads the blog post with what she terms “the workforce double whammy.”
It’s counterproductive to discuss whether we have a talent shortage or high unemployment. We have both.
Workforce professionals know the frustration of seeing job postings that their unemployed clients aren’t qualified to apply for, and businesses know the frustration of needing skilled professionals yesterday and not getting them.
The obvious gap is not a lack of actual people, but a lack of training. But there are other gaps that our clients have seen first-hand. Sometimes not just a lack of training — it’s a lack of the right kind of training. And good training that meets a broad (not company-specific) need hinges on good aggregate business feedback (see this case study on the Regional Workforce Alliance).
You’ll know that American industry is really hurting for talent when you start seeing a boom in in-house training programs (see Vivek Wadhwa’s report on R&D in India and China).
Short of that, American businesses would do well to start learning the language of workforce and education: SOC, O*NET, CIP, etc.
Have any questions or thoughts? Email Mark Beauchamp or post a comment below.