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In a global survey by PriceWaterhouseCoopers, results show that 24% of CEO's globally have directed delays or indeed cancellations on key strategic corporate initiatives due to talent shortages. 

It is no surprise that skills shortages are a 'top threat' to business growth and in a developing country like India, a sibling to South Africa in the BRICS, it is one of the top strategic issues. 

The article below, published in the Business Standard, outlines some of the reactions of Indian executives and the key industries affected. 

Unemployment, skills shortages and wages

Posted on Friday, 18 May 2012 in Talent

Unemployment in South Africa has reached approximately 23.9 percent. There is absolutely no doubt that there is a critical skills shortage in our job market for specialist skills but could there be more to the the problem of talent for employers?

 

Statistics in  employment show that, for women at least, 50 is the new 30! There are more employed women in the age bracket 50 - 64 in the market than at the beginning of the global recession in 2008.  

These savvy and bright go-getters are being dubbed the Madonna Generation and we think they are rather in vogue.

See the article below for more stats on this refreshing phenomenon.  

The following is the final in a four-part series on leadership trends for 2012.  We hope that you will find the articles enlightening and that you will be able to apply these strategies to make your business more ‘sticky’ to your employees!

Leadership and innovation

One of the hallmarks of a great leader is that he can inspire those under him to be innovative. He will strongly stimulate the creativity of each one so that they eventually maximise their potential – something most of them would find it difficult to achieve on their own.

The following is the third in a four-part series on leadership trends for 2012.  We hope that you will find the articles enlightening and that you will be able to apply these strategies to make your business more ‘sticky’ to your employees!

Ethical leadership

Worldwide corruption in business and politics is rife. The focus on money, and its acquisition, has long been the norm in business and the term ‘cut-throat’ is often bandied about to describe fierce or relentless competition at the expense of decency.

Fabio BarbosaFortunately the tide is slowly beginning to turn as young entrepreneurs realise that business, conceived in its purest sense, must be practised according to ethical standards. Virgin magnate Richard Branson, writing for Leadership magazine, quotes Santander Brasil’s CEO, Fabio Barbosa, on this point:

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