Mind the Gap: Appel on the coming labor shortage

In Chief Executive magazine, Andrew Appel notes three bullets to Filling the Talent Gap. Appel is CEO of Aon Consulting Worldwide, and he points out the impacts of the coming demographic train wreck:

In both developed and developing countries, the evolving workforce is creating a talent shortage. In developed nations, retiring baby boomers will drain the talent pool. Meanwhile, developing countries are growing rapidly but lack experienced managers. What’s more, 60 percent of new jobs in the 21st century will require skills currently possessed by only 22 percent of U.S. workers, according to the Commerce Department. Clearly, it’s time for talent to be viewed as a significant issue in boardrooms worldwide.

This could mean the end of the churn-and-burn job shops.

Hat tip to Execupundit.