Despite the unique and specialized talent needs within each industry, the demand for professionals with a wide range of technical and analytical skills cuts across industries. This creates a major imbalance in the supply and demand of such professionals, leading to a rise in the attrition and costs of hiring them. That is why the consultants from ICF coaching firm in China, stress on the need of organizations to minimize the turnover of the best and brightest members of their workforce. According to the firms offering executive coaching in China, it has become imperative for business organizations to create a work environment that encourages collaboration between the management and employees. Such organizations are focused on employee well-being as it plays a key role in improving their overall performance. This is even more essential because modern employees are increasingly seeking inspirational environments that enable them to lead balanced lives with greater satisfaction.
Five Workforce Challenges That Organizations Need To Address To Make Their Business Future Proof