Around the world, businesses are concerned about their talent pipelines. Though there are millions of workers in every country who say they are looking for a job, there is not always a good match between vacancies and skills. It may be hard to mentally reconcile the 10 – 20 percent average unemployment rates in developed and developing nations alike with a looming talent shortage, but that is the truth being faced by employers. - By William Bell

It’s not just about demographics, although demographics are a factor. Part of the challenge in preparing the next generation of workers is the speed at which the current generation of workers is reaching retirement. However, businesses need much more than simply replacement bodies.