"Whether it�s computer technical support or product design going offshore, or concern that the United States now ranks 19th in the world in math and science education, the effects of globalization are a frequent topic of discussion. Here�s a quick look at what some speakers at the Stamford Business School have said in the past year. We have to find real solutions, but if we�re running off into a protectionist mode � what is frustrating about that � other than what goes around comes back at us � is that it means we�re taking our eye off of the ball about what we should be doing constructively together to make sure that we have a climate where we can compete and where we will win."
Even the savviest CEO's desire for a digital transformation advantage has to face the global market reality -- there simply isn't enough skilled and experienced talent available to meet demand. According to the latest market study by IDC, around 60-80 percent of Asia-Pacific (AP) organizations find it "difficult" or "extremely difficult" to fill many IT roles -- including cybersecurity, software development, and data insight professionals. Major consequences of the skills shortage are increased workload on remaining digital business and IT employees, increased security risks, and loss of "hard-to-replace" critical transformation knowledge. Digital Business Talent Market Development Although big tech companies' layoffs are making headlines, they are not representative of the overall global marketplace. Ongoing difficulty to fill key practitioner vacancies is still among the top issues faced by leaders across industries. "Skills are difficul