Listen up, human capital professionals– this is what our friends at Saba and the Performance Institute tell us:

FACT: There will be a shortage of 15 million skilled workers by 2010.

FACT: Sixty percent of new jobs require skills only 20 percent of workers have.

FACT: Twenty-eight percent of young workers actively are looking for a new job.

In the Talent Strategy Community at HCI, we talk a lot about the war for talent and my mantra for this community: Attract, Retain, Develop.  That’s because we as HCM professionals know something critical about our companies– our people are our most valuable asset, now more than ever.

Jeanne Meister writes in her blogthat “managers frequently cite completing performance appraisals as one of their least favorite tasks and that is often an understatement. But quietly there is a movement afoot to “consumerize” business software. This means that software is being designed and tested by “user experience teams” with the goal of making software “intuitive,” engaging and, importantly, free of training.”

Having a core strategic business process initiative is crucial, and 2.0 simply represents the next stage in planning– making it more intuitive and user friendly, and thus especially appealing to the X and Y employees in your organization. Employee performance management at this level makes the process personal– drilling down from corporate, to department to the individual contributor.

The Human Capital Institute is happy to be able to host a free webcast focusing on this topic on Wednesday, September 3 at 2 pm et. Susan Tonkin, senior product marketing manager at Saba, will focus on business impacts to help your organization transform.  Join us to share your thoughts and ideas.

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