2014 Talent Study - Summary Charts - 18 AUG 2014

Post on 13-Jan-2015

361 views 2 download

description

Executive Overview Ask any supply chain leader, “Is the management of supply chain talent important?” and you will get an overwhelming “Yes!” as a response. Yet, only 14% of companies rate themselves as doing better than their peer group when it comes to managing supply chain talent. Surprisingly, 43% of the survey respondents believe that they perform worse on the management of supply chain talent than their peers. The ratio is 3:1. Why the gap? There are many drivers, but the primary reasons are three: management support, recruitment, and staff development. The open-ended responses from the survey are shown in Figure 2.

Transcript of 2014 Talent Study - Summary Charts - 18 AUG 2014

Supply Chain Insights LLC Copyright © 2014, p. 1

Supply Chain Talent Study

Summary ChartsJune-August 2014

Supply Chain Insights LLC Copyright © 2014, p. 2

Agenda

Study Overview

Talent Status & Issues

Talent Solutions

Talent Recruitment & Training

Supply Chain Insights LLC Copyright © 2014, p. 3

Study Overview

Supply Chain Insights LLC Copyright © 2014, p. 4

Most Companies Are Manufacturers; Companies Have an Average of 14K Employees

Supply Chain Insights LLC Copyright © 2014, p. 5

Half of Respondents Work in a Process Industry

Supply Chain Insights LLC Copyright © 2014, p. 6

Respondents Are Primarily in a Supply Chain Role,Have 14 Years in Supply Chain on Average

and 43% Are Director or Above

Supply Chain Insights LLC Copyright © 2014, p. 7

Respondents Are Primarily Based in the US or Canada

Supply Chain Insights LLC Copyright © 2014, p. 8

Most Have a Supply Chain Organization,for 12 Years on Average

Supply Chain Insights LLC Copyright © 2014, p. 9

President or COO Is Most Common Supply Chain Leader

Supply Chain Insights LLC Copyright © 2014, p. 10

Most Common Definition of Supply ChainExcellence Is “Right Product, Right Place,

Right Time at the Right Cost”

Supply Chain Insights LLC Copyright © 2014, p. 11

Agenda

Study Overview

Talent Status & Issues

Talent Solutions

Talent Recruitment & Training

Supply Chain Insights LLC Copyright © 2014, p. 12

46% Consider Supply Chain Talent to BeOne of Their Top 3 Elements of Business Pain

Supply Chain Insights LLC Copyright © 2014, p. 13

Two in Five Report Their Company Is Worse Than ItsPeers at Managing Supply Chain Talent

Supply Chain Insights LLC Copyright © 2014, p. 14

Companies Performing Worse Than Peers Due to a Lack of Support, Poor Staff Development

and Poor Recruiting

Supply Chain Insights LLC Copyright © 2014, p. 15

Open-Ended Responses to Why Performing Better Than Peers on Supply Chain Talent

Supply Chain Insights LLC Copyright © 2014, p. 16

Reluctance to Embrace New Ways Is Top Supply Chain Talent Issue Today

Supply Chain Insights LLC Copyright © 2014, p. 17

Top Talent Issues Expected in 5 Years IncludeLack of Career Path, Changing Skill Needs,

and Lack of Executive Understanding

Supply Chain Insights LLC Copyright © 2014, p. 18

Talent Improvements Expected in Embracing New Ways, Attracting Right People, Having Key Skills

Supply Chain Insights LLC Copyright © 2014, p. 19

New Challenges to Watch for Include Retirement of Key People, Turnover, Lack of College Skills, Finding Talent

in Emerging Countries & Talent Being Pulled Away

Supply Chain Insights LLC Copyright © 2014, p. 20

For Supply Chain Positions, Respondents Report Averages of 15% Turnover, 13% Open Positions

and Positions Open 4.5 Months on Average

Supply Chain Insights LLC Copyright © 2014, p. 21

Over Half Report That Middle ManagementHas Greatest Shortage of Supply Chain Talent

Supply Chain Insights LLC Copyright © 2014, p. 22

The Easiest Supply Chain Positions to Fill:Customer Service and Transportation

Supply Chain Insights LLC Copyright © 2014, p. 23

Team Work and Oral Communication Are Among Both Most Important and Top Performing

Supply Chain Insights LLC Copyright © 2014, p. 24

Greatest Gap in Entry-Level Skills vs. Importance:Analytical, Written, and Creative Thinking

Supply Chain Insights LLC Copyright © 2014, p. 25

Greatest Opportunity for Entry-level Skills:Analytical, Written, Oral, Creative Thinking & Relationships

Supply Chain Insights LLC Copyright © 2014, p. 26

Agenda

Study Overview

Talent Status & Issues

Talent Solutions

Talent Recruitment & Training

Supply Chain Insights LLC Copyright © 2014, p. 27

Competitive Salary, Promoting from Within, and Corporate Image Are Among the Most Important and Best Performing

Talent Solutions

Supply Chain Insights LLC Copyright © 2014, p. 28

Training and Salary Are the Primary Gaps in Talent Solutions

Supply Chain Insights LLC Copyright © 2014, p. 29

Greatest Opportunity to Improve Talent Solutions Lies in Training New and Existing Employees

Supply Chain Insights LLC Copyright © 2014, p. 30

Ideas for Attracting and Retaining Talent IncludeSupply Chain Support, Work Value, and Development

Supply Chain Insights LLC Copyright © 2014, p. 31

Agenda

Study Overview

Talent Status & Issues

Talent Solutions

Talent Recruitment & Training

Supply Chain Insights LLC Copyright © 2014, p. 32

Nearly One-Third Report Having a Supply ChainHuman Resources Department

Supply Chain Insights LLC Copyright © 2014, p. 33

Two-In-Five Report That Middle-Management Supply Chain Positions Are Filled from Within

Supply Chain Insights LLC Copyright © 2014, p. 34

Personal Referrals Are the Most Common Source and Among Best Performing for Hiring Middle-Management

Supply Chain Insights LLC Copyright © 2014, p. 35

Best Sources for Middle-Management Include Outsourced Recruiters and Personal Referrals

Supply Chain Insights LLC Copyright © 2014, p. 36

86% Offer Employee Training, but Only 9% Increased Their Training Budget in 2014

Supply Chain Insights LLC Copyright © 2014, p. 37

Training Budgets Increase Primarily Due to Changing Needs, Decrease Due to Lower Revenue

Supply Chain Insights LLC Copyright © 2014, p. 38

66% Have Cross-Functional Training, but Only 23% Have Planned Training Program

Supply Chain Insights LLC Copyright © 2014, p. 39

Procurement Is Among Cross-Training That Is Both Most Needed and Most Offered

Supply Chain Insights LLC Copyright © 2014, p. 40

Greatest Gaps in Cross-Training Are Reported in Strategy and Sales

Supply Chain Insights LLC Copyright © 2014, p. 41

Greatest Cross-Training Opportunities Lie inSales and Strategy

Supply Chain Insights LLC Copyright © 2014, p. 42

Primary Benefits to Hiring In-Country Include Operations, Cultural Knowledge and Language Skills