Stop the turnover

When it comes to building a rack star talen pool, hiring doesn't mean much if organizations can't persuade people to stay

Employers take heed: as demand overtakes supply, project practitioners who aren't happy in their current positions will find plenty of opportunities to move on. This article discusses how organizations can act today to ensure their talent doesn't walk out the door tomorrow. In doing so, it cites a study by PMI--Project Management Talent Gap Report--noting that by 2020, 15.7 million new project management jobs will be added around the globe, with an economic impact of more than US$18 trillion. However, the demand for project management practitioners is not matched by the availability of talent with relevant project management skills. The article details how investing greater in the organization's strategic objectives leads to a greater sense of responsibility. It also explains how executives should weave project management practices into the organization's cultural fabric. In addition, the article examines how organizations can hold on to antsy employees by enabling them to advance their careers right where they are.
registered user content locked
PMI member benefit.

or Register

Advertisement

Advertisement

Related Content

  • PM Network

    Bots On Board member content locked

    By Ali, Ambreen Robots need a little onboarding, too. As the workforce becomes more automated, more organizations are incorporating a new generation of robot employees. Across all sectors, nearly 20 percent of jobs…

  • PM Network

    Element of Reprise member content locked

    By Fister Gale, Sarah There's a new race for an old metal. Cobalt, because it helps power lithium ion batteries, is a crucial part of smartphones and the nascent electric vehicle surge. As such, there's a spike in new…

  • PM Network

    A New Kind of Program Manager member content locked

    By Gerard, Mario As more organizations seek to build the latest and greatest tech advances, many of them are seeking a new type of program manager: a technical program manager (TPM). Though this is a relatively…

  • PM Network

    Women's Work member content locked

    By Jones, Tegan The battle for women's rights has been fought for centuries. But it's taking on an extraordinary and undeniable urgency, with demands for gender equality rising to a roar heard around the world.…

  • PM Network

    Tall Orders member content locked

    London, England needs more construction workers, and fast. Project teams are hoping to complete 13 proposed skyscraper projects in the East End by 2026.

Advertisement

Publishing or acceptance of an advertisement is neither a guarantee nor endorsement of the advertiser's product or service. View advertising policy.