Construction: the great overlooked tool in our strategic workforce planning
ISG’s latest Wide Angle, ‘Rethinking the skills conundrum’, seeks to connect the dots between people, place and productivity.One of the primary limiting factors impacting organisations across the public and private sectors is access to a correctly skilled workforce. Today, skills demand outstrips supply, and this situation will persist unless we change our approach to identifying and planning for our future workforce requirements.
Building a sustainable talent pipelineGenerating a sustainable and future-focused pipeline of talent requires the mapping of skills to opportunity, and we must have confidence in the insight and data we use to inform this process. Fortunately, we already have a highly-significant proxy for future skills demand. Investment in the built environment represents a significantly underused asset as an early predictor of emerging sectors, growth markets and highly-valued skills. Conversely, reduced investment in physical assets could provide an early warning of future sector, and therefore skills, viability.
One of the primary limiting factors impacting organisations across the public and private sectors is access to a correctly skilled workforce. Today, skills demand outstrips supply, and this situation will persist unless we change our approach to identifying and planning for our future workforce requirements.
By interrogating data on investment decisions at the earliest stages, we create a dynamic and forward-looking perspective on future skills demand at a national, regional and local level. We stimulate earlier engagement and collaboration between organisations, educators, young people and parents/carers to map skills and aspirations to future opportunities; creating a more targeted talent pipeline and a perception reset for the built environment as a desirable career option.
The world of work is changing
Harry Tettinger, Director Operations at ISG Germany, spoke at an industry webinar organised by the consultancy RUECKERCONSULT about the prospects for the office property market.
Together with Dr Tobias Dichtel, Co-Head of Market Intelligence & Foresight Germany at Colliers, and Astrid Eberle, Project Director at Gensler, Harry Tettinger shed light on the question of how offices can be made fit for the future and what role interior fit-out plays in this.
What can this report help achieve?
- Greater co-ordination between future talent, parents and carers, educators and training organisations.
- Inward investment decisions based on highly skilled workforce criteria.
- Promotion of the the respective region as an attractive destination for business investment based on our high-skills and high-knowledge economy.
Moving from reactive to proactive strategic workforce planning
The key is to support incumbent businesses while preparing for the skills of the future, matching young people to guaranteed opportunities. The coordination of planning data with industries creates tangible opportunities to learn, train and work on local levels.
Construction pipeline data: The underused planning tool
Emerging industries bring new employment opportunities, and understandably young people, parents and carers, and educators are looking for secure pathways that match skills profiles and aspirations with tangible pathways into rewarding careers.
This research into the UK skills landscape is helpful to the next generation of employers, educators and future talent. It gives time to mobilise potential skills and labour supply, if it’s used efficiently and conversations are started now.
We’ll be exploring the skills conundrum, bringing you the latest sector insights from our experts on how we can collectively address rising skills shortages through a demand-led skills revolution.