Reskilling and Upskilling for Future Roles in the World of Work
As we share with you our February issue, we wanted to say how happy we are to see how many of you continue to subscribe and respond to the content of this news bulletin and follow updates on the happenings in Gi Group Holding .
Now, two months into 2024, we decided to focus this issue on how we expect labour markets to continue to evolve; specifically, in terms of talent demand, skills needs and leadership traits.
In this edition of More Than Work, along with our traditional company news updates, we share contributions from our brand ambassadors focused on trends in reskilling and upskilling; demands for skills in specific national and regional markets; and how new leadership abilities are needed to help businesses propel growth forward.
Activity Update: What's going on in Gi Group Holding
Welcoming the Kelly Team to Gi Group Holding
As we embark on this exciting new chapter with the acquisition of Kelly's European Staffing Business, we would like to express our warmest welcome to our newest team members joining Gi Group Holding from Kelly.
At Gi Group Holding , we believe in fostering a collaborative environment that promotes growth, innovation, and success for both our employees and clients. Welcoming the talented team from Kelly perfectly aligns with this philosophy, as we join forces to deliver exceptional recruitment solutions tailored to our clients' needs.
To all our valued clients and partners, we assure you that this collaboration will only enhance our ability to meet your evolving needs and exceed your expectations. Together, we can navigate the ever-changing landscape of the recruitment industry and achieve remarkable results.
Spotlight on the Automotive Industry
We are pleased to share new material from our #SpotlightOnSeries. This content focuses on the Automotive industry and features Alexander PUECHER , Vice President for Human Resources at DENSO Europe .
As we embrace the era of connected vehicles and smart mobility technologies, the automotive industry is evolving into a cohort of digital pioneers, steering the industry towards a more sustainable future.
Alexander shares his insights on rethinking business models in the automotive industry, HR trends shaping the sector, as well as the transformative effects of technological advancements in addressing talent shortages.
At Gi Group Holding , we envision an automotive workforce that not only meets the demands of tomorrow, but which also sets the standard for excellence in redefining the future of work in the industry.
New Report on Career Development from INTOO
INTOO USA recently published a report, 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗢𝗿𝗴𝗮𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗦𝘂𝗰𝗰𝗲𝘀𝘀 𝗯𝘆 𝗦𝘂𝗽𝗽𝗼𝗿𝘁𝗶𝗻𝗴 𝗘𝗺𝗽𝗹𝗼𝘆𝗲𝗲 𝗚𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁, which uncovered key findings on how career advancement, or lack thereof, is impacting today’s workforce. The key takeaway from the survey of 1,600 employers and employees in the U.S. is that employees feel unsupported in their career development.
Nearly 60% of workers say their company “rarely” or “never” helps them explore opportunities for growth outside of their department. Meanwhile, 44% of Gen Z employees are likely to quit in the next 6 months because their employer does not support their career development.
Many managers are not helping: While employees would like to count on them for career advice, almost half say their manager doesn’t know how to help, and 47% of Gen Z workers say they get better guidance from ChatGPT.
These and other findings within the report reveal a need for greater support for both managers and employees and better L&D programming.
Spotlight on the Logistics Industry
In another instalment of our #SpotlightOnSeries, we present an insightful interview with Andrea Colzani , Category Distribution Manager at IKEA Supply, on how logistics processes are evolving within the IKEA Group.
The logistics industry, as with many other industries, is undergoing a remarkable evolution, thereby accelerating many systemic changes as well as some challenges. In this intriguing conversation, Andrea shares profound insights into how new technologies, generational shifts, and greater demands for work flexibility are making the logistics industry more agile and inclusive.
As the industry continues to move forward, we remain committed at Gi Group Holding to staying ahead of the curve, fostering skills evolution, and embracing adaptability to help businesses navigate the dynamic environment.
Tack TMI Expands in LATAM
Our brand Tack TMI started 2024 with a significant expansion into not just one, but FOUR new LATAM countries. Get ready to say "Hola" to our amazing services in Argentina, Chile, Colombia, and Mexico.
Expanding our reach has always been a part of our vision at Gi Group Holding , and we couldn't be happier for this leap forward. With these new additions and expansion beyond the presence in Brazil, Tack TMI is strengthening its position as a global leader in providing exceptional learning and development solutions.
These new expansions also reflect Tack TMI 's dedication to providing outstanding services to clients, wherever they may be.
Gi Group Holding Leaders recognised as Top Staffing Leaders in LATAM
Rui Rocheta , our Chief Regional Officer - LATAM, and Nelson Montoya , our Country Manager for Colombia, have been recognised again on the list of the Top 25 staffing leaders in Latin America by by Staffing Industry Analysts .
This prestigious honour is a testament to Rui's and Nelson's unparalleled leadership, dedication, and impact in the staffing industry. We are incredibly proud to have such a talented and visionary leaders on our team at Gi Group Holding , driving innovation and success in the region.
Leadership Insights: What's New in our World of Work
Fighting the uphill reskilling battle
Most of Europe is struggling with a skills deficit or difficulties in matching skilled talent to the right roles due to problematic issues like geographic distance or issues with acquiring work visas. Recently, the national governments in France and Spain were reprimanded by the European Commission who felt not enough active efforts were being made to boost the skills of applicants having trouble finding roles and supporting their reintegration into the labour market.
French employment offices reported last year that 61% of available roles were difficult to fill, while in Spain recruiters reported that 79% of the candidates they vet for new jobs have poor quality profiles.
Efforts need to be made to bring all stakeholders to the table to map ways forward and implement action plans for reskilling and upskilling workers as well as easing entry of skilled talent from other EU member states and third countries into specific European labour markets.
Read more in Rui Rocheta 's article here.
Is it better to lead with a carrot or a stick?
Everyone is being impacted, or will be impacted, by skills changes, including our managers and leaders. For decades, we taught and trained our business managers and executives to be IRON leaders: to engage teams through leading by example and showing high levels of resilience.
However, in the past half-decade the parameters for impactful, effective leadership have changed. With the current generational transition, many of our work teams respond to and deliver better results when empathy and greater compassion become part of leadership styles.
That said, the volatility and unpredictability of the global economy and our labour markets in recent years have added another interesting potential superpower to the skilled leader mix: irony. Today, impactful leaders can encourage and achieve the delivery of better work results when they demonstrate they understand seeming impossibilities current market conditions have created.
Read more in Barbara Bruno 's article here.
Geopolitical conditions and green transformation redefine job markets in Central Europe
Constant shifts in terms of geopolitical stability and industry sector transformation are rapidly changing job markets. Central Europe is no exception. As with other parts of the world, energy costs are a big concern for businesses in the region as well as for many of their partner and parent companies in Western Europe.
Recent news reports and research show that many larger businesses from EU member states like Germany are deeply examining what energy costs are doing to their bottom line and exploring options for shifting some operations to lower cost markets further east.
This offers new opportunities for markets in the CEE region where industries like production of electronics and parts supply for electric vehicles (EVs) and other green technologies has grown. Countries like Slovakia and Hungary stand out for their investments into producing energy through renewable sources and bringing operational costs down. Green technologies are expected to remain an important growth market in the CEE region in coming years and candidates need to skill up for these roles.
Read more in Paolo Caramello 's article here.
I want to be a change superstar!
Our team at Gi Group Holding Netherlands spent much of last year addressing the topic of change: in their conversations with clients and with candidates. Both sides of the recruitment equation are looking at how to scout for and onboard talent with an affinity for change management and the soft skills needed to make teams change-brave and, over time, change-resilient.
Executives and Managers in businesses across all industry sectors today are increasingly called upon to guide their teams through many sets of challenges that they alone cannot influence or alter 100%. Issues like stubborn inflation, supply chain bottlenecks or digital transformation and generational shifts in employee teams all have an impact and require high levels of agile thinking.
The we’ve always done things this way mentality is a thing of the past, given that in our modern economy, the rules that applied yesterday may already be obsolete or passé tomorrow. This is why businesses need to recruit change superstars to their teams.
Read more in Noura Azghiri 's article here.
Conclusion ...
We thank you for reading our newsletter and encourage you to reach out to us – either to our Marketing team or directly to our Brand Ambassadors (article authors) on LinkedIn – with any questions or insights you might want to share.