None of the items on the CIO’s agenda for digital transformation will succeed without a staff that can help co-invent the future of the business. But many CIOs say that they have a hard time competing for scarce talent in a world where tech giants like Amazon and Google seem to get the first pick. It’s clear that CIOs will need to work harder, and spend more time, on attracting talent than ever before, but they may lack the bold strategies required for today’s difficult talent environment.
My latest IDC report, “CIO Practices for Winning the Battle for IT Talent” ($$$$) compiles the best ideas from several CIOs for dealing with the stiff competition for IT talent. These executives look beyond conventional recruitment strategies; develop deep partnerships with universities; work differently with their HR partners; and streamline the hiring process.
The report is based on interviews with CIOs Thomas (Tom) McKee Jr. (at Kennametal Inc.); Adam Noble (formerly at GAF); Joseph (Joe) F. Eckroth Jr. (at TE Connectivity Ltd.); and Scott Names (at Church Mutual Insurance Co.).
For example, Joe Eckroth is proud of how quickly his team can go from interviewing a great candidate to providing the offer letter (he calls it “speed-to-hire”). And Scott Names created a unique IT Scholars Program, which essentially pays 100% of college tuition for IT majors and then guarantees an IT job at Church Mutual upon graduation.
My conclusion: The winners in the IT talent wars will be the CIOs who take more aggressive and more creative approaches than just showing up at a few job fairs.
No surprises here. But it’s a nice restating of the obvious megatrends. From interviews with industry consultants at Deloitte & Touche USA LLP, here are eight business issues “that resonated across multiple industry sectors and could have a dramatic impact” this year:
- Environmental Sustainability
- Rising Energy & Health Care Costs
- Technology Use & Integration
- The 2008 Presidential Election
- Talent Management
Source: “2008 Industry Outlook: A Look Around the Corner,” Deloitte & Touche USA LLP, January 2008
The full report, with analyses for various industries, is available here.
Continue reading “8 top business issues for ’08”
Here’s an association — the American Society of Health-System Pharmacists — that’s making a serious effort to take a long-term view of challenges its profession faces in the future. Bravo! The association has come up with a long-range “vision” document covering the following critical issues:
- Residency training
- Teamwork within the pharmacy function and the entire patient care process
- Role and credentials of pharmacy technicians
- Experiential learning requirements
- Expanded and specialized areas of pharmacy practice
- Role of automation and technology
And a second task force, on “pharmacy’s changing demographics,” made long-term recommendations for coping with workforce trends such as a shortage of pharmacists and demands for better work-life balance, as well as “generational differences, a changing gender mix, and ethnic and racial diversity.” (Notably, “the task force was composed of a diverse group that included health-system pharmacists, a nurse, a physician as well as a futurist and a sociologist.”)