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Skills shortage a calamity

Gusti CoetzerThe shortage of skilled executives in South Africa was nothing short of a calamity, a leading recruiter warned this week. And, she added, the belief that expatriates who had left the country would return to reverse the situation was an illusion.

Auguste (Gusti) Coetzer, founding partner with leading executive recruitment firm Leaders Unlimited – Korn/Ferry International, said there was a world-wide shortage of talented people, and South African recruiters were fishing in the same global pool as their competitors elsewhere in the world.

Speaking at the Labour Market 2008 conference in Midrand, Coetzer said the workforce had become globally integrated and executives were now selling their services to the highest bidder on an international basis. Keep reading →

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Posted in the category: Economy, News, Trends

Most execs believe they can outperform the boss

Nearly three-quarters (73 percent) of executives believe they can perform their boss’ job better than their current manager, according to the latest Executive Quiz from Leaders Unlimited Korn/Ferry International , a global provider of talent management solutions.

Moreover, nearly two-thirds (65 percent) of executives surveyed indicated that they aspire to attain their boss’ job.

Nevertheless, when asked to rate their boss’ performance, the largest percentage of executives (42 percent) marked it as either “excellent” or “above average,” while another 23 percent cited it as “average.” Fourteen percent of executives ranked their boss’ performance as “below average” and 11 percent deemed it “poor.” Keep reading →

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Posted in the category: Strategy, Trends

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The Big Change is a business strategy blog and newsletter published by Arthur Goldstuck, managing director of World Wide Worx, a leading technology research organisation based in Johannesburg, South Africa.

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