48. Attract and Retain Top Talent
The labor shortage is only going to get worse, driving business decision-making in the years to come.
Employers are struggling to find qualified employees, which will only continue as the population ages and more jobs are automated. To attract and retain top talent, businesses must focus on offering competitive wages and creating a positive work environment.
Technology can help bridge the gap by automating some tasks, but it can't replace human interaction entirely. Businesses will also need to invest in training programs to help employees keep up with changing trends.
The labor shortage is a sign of things to come, and businesses need to start preparing now if they want to stay ahead of the curve.
About Dr. Ryan Giffen:
With over 20 years of experience, Dr. Ryan Giffen is an expert in human relations and business culture. His career began in hospitality, leading operations and human resource departments for Fortune 500 companies and the like.
Not long after, Ryan found his passion for teaching and consulting. He earned a Ph.D. in Hospitality Management with a Human Resources focus from Iowa State University and now works as an assistant professor at California State University, Long Beach. For over a decade, he has continued to research and speak on organizational culture, relationship intelligence, and leadership effectiveness.
Ryan is also the founder of Inospire, a company helping bosses and employees build stronger relationships with one another as well as the host of the Corporate Shadow Podcast.
Connect with Dr. Ryan Giffen:
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