Lack of skilled workforce is currently one of the biggest issues for German firms - the implications of demographic change have led to fiercer competition for talents and firms of all sizes have to develop sustainable strategies to develop, acquire and bind employees for the future. Why? Because the quality of goods and therefore the competitiveness is directly related to the humans behind.
In Episode 29 of the WUEconomics Outside the Box Podcast, I talked to Prof. Dr. Thomas Zwick, head of the chair of human resource management and organization at the University of Wuerzburg.
Good news first, there are promising options - bad news, it will be expensive, not easy and firms have to open up for potential left and right of the mainstream. We talked about the need for further education, retraining, potential of older employees as well as the potential of woman returning after parental leave.
Thanks to Prof. Dr. Thomas Zwick, for participating and sharing your knowledge and opinion.