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Area Development

People and Profitability: A Time for Change

10-7-2009
Amidst ongoing economic uncertainty, record-high unemployment rates and continued layoffs and mandatory furlough days, manufacturers are struggling to find and retain high-skilled, flexible workers. Deloitte Consulting LLP, The Manufacturing Institute, and Oracle recently conducted a national survey of manufacturing organizations to assess the future importance, and current performance, of the people management practices relative to the business success. In the attached report "People And Profitability - A Time For Change: A 2009 People Management Practices Survey Of The Manufacturing Industry," the findings indicate an ongoing talent challenge facing manufacturing organizations and a continued need for them to embrace new and progressive talent strategies.

The report also reveals manufacturing's top drivers of future business success and includes commentary on talent shortages experienced today as well as those expected within the next two to three years.

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