It has been said that the most potent force in humanity is demographics. I believe there is a "perfect storm" coming when it comes to recruiting and retaining a high caliber work force for our manufacturing enterprises. The pending retirement of the baby boomers will hit some companies especially hard. I was working with a firm recently that has 60% of their total workforce within five years of retirement. Another staffing challenge is that the economy has been good for ten years and firms have grown sales nicely - but have been slow to add staff. Many firms are now seeking to recruit great talent to maintain their growth rates - check how many "newly created" positions are out there. The gap will be especially tough in the skilled trades, and operations roles for manufacturing. Trade schools are becoming an endangered species and young people today want to go to college to become a lawyer rather than a maintenance mechanic or machine operator.
Major challenges require innovative thinking. A shortage of skilled maintenance talent can be partially offset by a well thought out reliability program. Automation can partially offset a deficit of operating personnel. Synchronous experts can help you develop strategies to keep your business growing, increasing productivity, and cope with the impending talent shortage. Give us a call, or send us a information request at www.SynchronousLLC.com
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