The 2017 KPMG South African CEO Outlook had some interesting views on where South African CEOs see talent acquisition over the next 3 years.
-Although South African CEOs are scaling down their ambitions for headcount growth, 76% of CEOs still expect their headcount to grow by more than 5% in the near future
- South African CEOs identified recruitment as their top area of investment over the next 3 years, with 82% planning to provide incremental investment funds for recruitment over this period.
CEOs still view their largest barrier to strategy implementation as a lack of the skills/knowledge their business needs.
Contrary to the belief that automation would lead to a reduction in headcount, local CEOs believe that emerging cognitive technology will lead to an increase in headcount in their businesses.
This is all positive for the South African employment and investment market. The focus should now be on ensuring the increased investment in recruitment should be as effectively directed as possible, and organisations employ the most effective strategies to attract the required skills and knowledge.
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