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Managers 'worried' about possible talent shortage

Friday 14 December 2012 by

Managers of people in trust jobs may be among those that a new study has found are concerned about a shortage of talent over the coming months.

According to the Chartered Management Institute's Future Forecast report, almost half of bosses are expecting further redundancies in 2011, with 43 per cent believing their organisation does not have the right staff to meet its goals for the year.

Nearly six out of ten who were worried about missing objectives cited skill shortages as the primary reason, with 45 per cent placing the blame on poor morale in the company and 44 per cent attributing their pessimism to a lack of adequate leadership.

Those in the public sector were the least confident for the future, with 86 per cent expecting employees to be laid off in the next 12 months and 60 per cent facing an uncertain future themselves.

It was claimed last month by the forum of Private Businesses that a lack of overseas talent due to the government's new migrant cap could force businesses abroad as they hunt for highly skilled workers.