Global Strategic Workforce Expert to Advise Irish Business Executives on How to Accelerate Growth
Right Management : Global Strategic Workforce Expert to Advise Irish Business Executives on How to Accelerate Growth
Owen Sullivan, global CEO of strategic workforce consultancy Right Management and President of Specialty Brands for ManpowerGroup, will advise human resource and business executives in Dublin at an American Chamber of Commerce event this week (Thursday 24 May) on how to unleash human potential and accelerate growth.
The event, titled "Your Business Strategy — Powered by Human Potential," will be attended by over 90 members of leading American organisations operating in Ireland and hosted at Microsoft's offices in Dublin.
Sullivan says ahead of the event: "HR leadership can position itself more strategically to help their companies achieve sustained competitive advantage and growth. The key is to align talent to business strategy. Talent is becoming a scarce resource in the economic world. For businesses operating today in what we call the Human Age, human potential will be the major agent of economic growth. Knowing how to unleash and then leverage this potential will be the key question organisations will need to answer."
Sullivan proposes that the development of talent in the Human Age is the most strategic effort corporations can invest in to create competitive advantage.
He continues: "Organisations can no longer rely on outdated work models, talent sources, people practices and leadership techniques to achieve success. The key to productivity is building a talent strategy that takes advantage of the innovations, information and technology available in the Human Age. Organisations must recognise that people have become their most valuable assets and they must optimise these assets to deliver on the needed results."
ManpowerGroup's latest Talent Shortage survey found that as many as 34% of employers worldwide are struggling to fill open positions.
"Employers face skills shortages although a large number of people are out of work. Employees are becoming more specific about what they look for in a potential employer and companies are more and more expected to be socially responsible," says Sullivan.
David Miller, General Manager of Right Management in UK and Ireland added: "Ireland has long been a hub for business but the challenging economic climate in Ireland means it's never been more important for businesses to take a strategic approach to managing and developing their workforce. While there are concerns that the rapid rise of emigration due to high unemployment is prompting a talent drain, there is also a shortage of talented engineers, developers and sales representatives. We are seeing a growing awareness amongst businesses and institutions of the implications of this talent mismatch and the importance of developing the skills the Irish economy needs, which is necessary for continued growth."