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How to Lead Through the Global Talent Shortage

5 Mins read

Leaders everywhere are overseeing a major shift in the job market right now, and how each person choose to lead through the global talent shortage cannot be left to guess work. According to U.S. Labor statistics, as of December 2020, the global talent shortage amounted to 40 million skilled workers worldwide. And if this trend continues, by 2030, companies worldwide risk losing $8.4 trillion in revenue because of the lack of skilled talent. […]

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There is no part of life that doesn’t contain lessons. While on your journey of life, some people will give you advice and some may even help you. But ultimately, you have to take the different tests of life.

NOTES: How to Lead Through the Global Talent Shortage

The great resignation is showing to many employers that employees are looking for more meaningful work and career growth opportunities; leaders can lead several engagements to help improve matters.

For managers looking for how to lead better, they need to focus on amplifying people’s positive feelings while minimizing any bad feelings they may have towards their jobs.

The Ride to Autonomy

To lead better, managers need to bolster their team members’ sense of autonomy, including giving them ownership and authority over their work. And this can also be as simple as asking top performers what you might start or stop doing to increase their autonomy. 

If you want to know what your employees need to stay motivated and happy, the best thing to do is ask and listen.

Hibob/ Forbes-How to Lead

After Autonomy, What Next? Feedback, Feedforward, Criticism or Empathy?

“Keep criticism to a minimum,” concludes Krister Ungerböck. Instead of focusing the bulk of your feedback on employees’ mistakes and shortcomings, he suggests looking first for ways to encourage. This is because if a project fails, you can still acknowledge a person’s efforts or specific things they did well. “Make sure you offer at least as many positive comments to employees as critical ones — ideally, more,”

Also, find ways to sidestep the need to point out flaws by asking team members how they think they could improve a project or their approach to a given task.

When you show people how their efforts are changing lives, you don’t just give them a reason to keep showing up to work; you stop them from looking elsewhere for a sense of purpose.

Benjamin Laker/Forbes-How to Lead

Inspiring the Juggernauts

Inspire employees. As a leader, set inspiring personal goals and then begin taking steps to achieve those goals. 

Finally, show employees the world they contribute into. People feel inspired when their leader allows them to see how they fit within and contribute to the big-picture; how they are part of the overwhelming positive force on the world.

Go to ForbesHow to Lead Through the Global Talent Shortage – to read what Benjamin Laker wrote on what hiring managers should be doing to maximize (or leverage) this moment of flux and anxiety about the great resignation and global talent shortage.


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8 Self-Management Skills to Acquire for Personal and Work-Life Productivity

By developing self-management skills, you can have better perception of your capabilities. Below are the eight self-management skills to consider.

1. Time Management – This ensures an optimum work-life balance and it is the foundation for other self-management skills.

2. Stress Management – While you can’t completely eliminate stress out of work-life, you can achieve far more in life if it is adequately handled. Properly managing the stressors in your life will ensure that you get the right result out of your other self-management actions. 

3. Self-Motivation – Make every effort to have a positive outlook towards life and work. To motivate yourself, try to make your objectives achievable and fun and reward yourself after reaching your set goals.

4. Organization – Getting organized is an essential self-management quality that inspires you to become productive and proficient.

5. Goal Setting – It is only if you have specific goals in your personal and professional life, that you can measure if you’re going in the right direction or not.

6. Meaningful Productivity – When you combine time management and goal setting, you can work to become productive in the most meaningful way.

7. Accountability – To every activity, put in consistent efforts and religiously follow set deadlines. Be accountable to yourself first, and aim to do far and above what is required for average level productivity. Thereafter it will be much more easier for you to exceed others expectations.

8. Self Awareness & Regulation – Be focused and mindful about the things that you need to do. Make it a practice to listen to others actively and carefully. Always self-reflect to understand yourself and ask for feedback for self-assessment.



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Sometimes, in the midst of the chaos, we lose sight of the things that really matter

– Carta CPO, Suzy Walther (www.hrdive.com)

You may also like; Define Worklife and Work-life Balance


You Have Control – Keep Climbing

Let me share with you this closing lines on page 224 of John Maxwell’s book with the title, sometimes you win, sometimes you loose or learn. There is no doubt that in the last one year so many people have lost something – a loved one, a job, peace of mind, business, freedom due to pandemic movement restrictions etc. But it is time we start to build back hope: time to take back control and climb out of the trenches of despair, frustrations and helplessness.

I don’t know what your personal Mount Everest is – what you were put on this earth to do. Nor the battles that you are facing today or have been facing all year round. But the fact is that, everyone has one. However, what I do know is this; win or lose, you need to try to reach the summit of your Mount Everest. You need to keep giving life a push because you are in control.

If you give up and stay in the rut that you are just tolerating now, you will regret it. It tends to be normal that as you get older, you will find that you become more disappointed by the things you didn’t attempt than by the ones you tried and failed to achieve. And here’s the best news. In every step of the way there’s something to learn.

Something to Learn, Even in Things That are Like Hell

Yes, in every step of the way through the victories, battles and crisis of life, there’s something to learn. But you need to first realize that you are enrolled in a full-time informal school called life. In it, there are no mistakes, only lessons. And growth is a process of trial and error, experimentation and improvement. Where the failed experiments are as much of that process as the ones that work.

The lessons of life that you have the opportunity to learn will be presented to you in various forms – trials, tortures and tours. If you fail to learn the lesson, you will get stuck, and be unable to move forward. But if you indeed learn the lesson, for that period, you will get to move forward and go to the next one. You are already in the event, find your lesson.

Recommended: The Third Space according to Adam Fraser is the transitional gap in between what we do. They should not be treated as connecting flight waiting time at the airport or roadside lay-by. Since, it is not what we do that is the most important, but what we do, in between what we do. That is what’s the most important.



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TrendsWork-Life Daily

Why U.S. Talent Shortages are at a Ten-Year High

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