American manufacturing is on the rebound, but experts say manufacturers, policymakers and the educational system will need to work together to cultivate a workforce to support the growth.
Nearly 2 million manufacturing jobs are expected to go unfilled over the next decade. While manufacturers have been cultivating skilled talent through partnerships with schools, they're also looking to more immediate solutions that can help close the skills gap.
When it comes to the ongoing cybersecurity talent shortage, too many companies are getting a key part of the equation wrong.
As manufacturers work to fill the talent gap, strong partnerships with schools are proving to be an effective way to meet the workforce needs.
As technological advances continue to transform both companies and the way they do business, CEOs face an endemic problem: a widening gap between the skills their companies need and those their current workforces have to offer.
Companies with more female senior managers are likely to perform better across a variety of measures, including sales growth, return on equity, debt levels and share-price appreciation, according to an analysis by Credit Suisse.
Executives and analysts in the manufacturing industry have long warned about the growing skilled labor shortage.
If you want strong leaders in the future, start developing them now—don’t wait until they’re already in leadership positions to give them the coaching they need.
Due to the growing skills gap and an aging workforce, U.S. manufacturers will need to fill an estimated 3.5 million jobs in the coming decade. As companies look ahead to address the growing talent shortage, many experts say women could be the key to strengthening the manufacturing workforce.
Companies are finding creative ways to invest in the right talent to ensure their organizations are adequately prepared for the automation of the future.