There is a growing talent shortage, and U.S. manufacturers could face a shortfall affecting over 2 million jobs by 2025, according to a Deloitte / The Manufacturing Institute study. Those shortages will be especially significant when it comes to technical talent.
Part of the problem, of course, is the wave of Baby Boomer retirements over the next decade, which will add up to about 2.7 million manufacturing employees. At the same time, manufacturers often struggle to attract Millennial workers, because the industry does not have a positive image among many of those younger workers.
As many CEOs pointed out, if manufacturing companies are to contend successfully with the talent shortage, they need to be creative in the way they recruit, develop and retain people.
The Chief Executive Network (CEN) holds peer group meetings throughout the year for CEOs who are in the same industry and run comparably sized firms.
In a recent meeting of manufacturing CEOs, members agreed that recruiting technical talent is one of the key priorities for their companies. CEN has published propriety research on this challenge, as well as on other top challenges manufacturing CEOs are continuing to face.
Download this complimentary report now to learn how manufacturing CEOs are tackling the challenge of recruiting technical talent. Strategy points in the report include:
You will receive the specific advice, actions and day-to-day approaches other CEOs are taking to mitigate this risk.
Chief Executive Group exists to improve the performance of U.S. CEOs, senior executives and public-company directors, helping you grow your companies, build your communities and strengthen society. Learn more at chiefexecutivegroup.com.
0
1:00 - 5:00 pm
Over 70% of Executives Surveyed Agree: Many Strategic Planning Efforts Lack Systematic Approach Tips for Enhancing Your Strategic Planning Process
Executives expressed frustration with their current strategic planning process. Issues include:
Steve Rutan and Denise Harrison have put together an afternoon workshop that will provide the tools you need to address these concerns. They have worked with hundreds of executives to develop a systematic approach that will enable your team to make better decisions during strategic planning. Steve and Denise will walk you through exercises for prioritizing your lists and steps that will reset and reinvigorate your process. This will be a hands-on workshop that will enable you to think about your business as you use the tools that are being presented. If you are ready for a Strategic Planning tune-up, select this workshop in your registration form. The additional fee of $695 will be added to your total.
2:00 - 5:00 pm
Female leaders face the same issues all leaders do, but they often face additional challenges too. In this peer session, we will facilitate a discussion of best practices and how to overcome common barriers to help women leaders be more effective within and outside their organizations.
Limited space available.
10:30 - 5:00 pm
General’s Retreat at Hermitage Golf Course
Sponsored by UBS
General’s Retreat, built in 1986 with architect Gary Roger Baird, has been voted the “Best Golf Course in Nashville” and is a “must play” when visiting the Nashville, Tennessee area. With the beautiful setting along the Cumberland River, golfers of all capabilities will thoroughly enjoy the golf, scenery and hospitality.
The golf outing fee includes transportation to and from the hotel, greens/cart fees, use of practice facilities, and boxed lunch. The bus will leave the hotel at 10:30 am for a noon shotgun start and return to the hotel after the cocktail reception following the completion of the round.
