In the recent PWC Annual Global CEO survey, 80 Africa CEOs were surveyed to get their views on the trends they expect to affect their businesses.
No less than 80% of the Africa CEOs surveyed see the availability of key skills as the biggest threat to growth and are finding it particularly difficult to source soft skills. These skills include
With new jobs being created daily, the ability to learn and be adaptable is critical where people’s careers will span many disciplines over their lifespan.
CEOs have been concerned about the lack of skills since the survey was first conducted (20 years ago) but this concern has continued to rise without clear solutions to the problem.
The entire HR function is needing to reinvent itself and nearly two-thirds (61%) of African CEOs say they are completely rethinking their HR function to prepare for the recruitment and retention challenges. People and Skills are still essential in the machine age and competition for good talent is intense.
It is becoming obvious that organisations on the African continent are going to need to be extremely innovative in their talent acquisition functions and apply global best practice sourcing techniques to be able to compete for the critical talent and skills needed to grow their businesses over the next decade.
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