The Perfect Storm

Is your organization ready for The Perfect Storm?

To learn more about The Perfect Storm, try to solve this equation:

Perfect Storm Equation

Talk to any business leader today, in virtually any industry, and they will tell you that the greatest challenge they have, is attracting, developing and retaining a highly skilled workforce. The impending labor force challenges that are coming in the United States create - The Perfect Storm!

Key to the equation:

  • January 1, 2008, 60 percent of the Prime Work Force (PWF, also known as Boomers), primarily white males, will be able to retire. This represents 10,000 workers per day leaving the workforce.
  • January 1,2005, of the people entering the workforce, a minimum of 75 percent will be women and minorities (W+M).
  • (F1000 – 50) represents the 950 Companies in the Fortune 1000 that don’t understand the impending shortfall of talent that is already upon them.

This equation of workplace departures plus a vastly different workforce multiplied by a fight for talent equals – The Perfect Storm!

Ask yourself, is your sales force ready to meet this changing marketplace?