As businesses expand in 2013, they will face a shortage of talent and leadership, according to Bersin by Deloitte.
According to the report, Predictions for 2013: Corporate Talent, Leadership and HR–Nexus of Global Forces Drives New Models for Talent, compliance and core HR programs do not add enough value in today's global business environment.
"Nearly every major business is challenged with shifting talent and business towards emerging markets, while grappling with talent shortages globally – all while improving the engagement, retention and development of their workforces," said Josh Bersin, principal and founder, Bersin by Deloitte.
HR administration teams that fuel programs that support business agility and innovation, continuous learning, new leadership and management models and workforce planning and intelligence will be able to attract and maintain the right talent, Bersin explained.
Meanwhile, a separate study from Glassdoor shows just how crucial employee retention will be this year. While recent employment figures paint a pretty picture, employee confidence is stabilizing. More workers are focusing on the perks offered by their employer to determine whether they're worthwhile. Roughly 40 percent of employees surveyed in the Glassdoor Q4 Employment Confidence Survey expect a raise in the next 12 months. One-third of employees will consider looking for a new job and 18 percent plan to change occupations in the next three months.
