Human Capital Tops CEO's List of Challenges for 2013
Chief executives around the world are worried about human capital, a recent survey by the Conference Board has revealed.
In the CEO Challenge 2013, more than 700 senior executives ranked their top ten challenges from a pre-written list.
Coming in at first place was human capital - developing, engaging, managing and motivating employees - followed by operational excellence at second, innovation at third and customer relationships at fourth.
Executive vice president of the Conference Board Bart van Ark called the results "illuminating", as they represent a shift from focusing on external challenges such as the economy or policy change, to focusing on internal factors such as employee retention and management.
"In CEO Challenge 2013, leaders seem to be turning away from macro factors outside their control to look hard at their own organisations, employees, customers, level of efficiency, and capacity for innovation," Mr van Ark said in a statement.
He added that this was particularly surprising because 'global political/economical risk' and 'government regulation' had ranked in the top four challenges since 2008.
As an employer, what are your top challenges for 2013? Are you looking for ways to better retain and attract talent?
When it comes to the IT industry, most professionals are looking for IT jobs where they will be challenged, motivated and appreciated as part of the company.