WEF: Skills gap threatens Brazil growth
Posted by By Angelica Mari at 28 April, at 13 : 47 PM Print
The lack of skilled manpower seen across key industry sectors in Brazil is one of the main deterrents for the country’s economic growth, delegates heard at the World Economic Forum on Latin America this morning.
The Brazil chapter of the Annual Global CEO Survey undertaken by PwC outlined the market perceptions and concerns of the local business community in comparison to their counterparts in other countries.
According to the study, Brazilian CEOs are optimistic about growth prospects in 2011, with 58% claiming to be positive in comparison to 48% of executives elsewhere. However, the share of executives that claim to be “very positive” about business in Brazil in the next three years decreases to 50%, against 51% of respondents in other countries who expressed a similar opinion.
This mood swing, according to the study, is due to concerns such as the lack of qualified labor (cited by 76% per cent of Brazilian CEOs polled), along with the country’s overregulation (mentioned by 68%) and protectionism from the nations it exports to (raised by 60% of respondents).
The main challenges in relation to talent management are the actual lack of professionals with necessary skills (cited by 76%), followed by development of attractive career plans (74%) and recruiting, as well as integrating young people to the workforce (66%).
The PwC research mentions that key actions driven by companies to tackle these issues are the increase of non-financial benefits such as training overseas, cited by 74%, followed by attraction and talent retention strategies (60%) and partnerships with the government to enhance competence areas (60%).
Photo by Christian Senger licensed under Creative Commons
Related Posts
-
14 May at 18 : 49 PM 0
ITD Research: Social media and the CIO
-
3 April at 16 : 08 PM 0
ITD Research: How Brazil firms use IT as a business advantage
-
19 March at 16 : 01 PM 1
Interacting with consumers via social media
-
14 March at 15 : 55 PM 0
ITD Research: Brazilian CIOs and the cloud
IT Decisions, 1 year ago
Skills gap threatens growth for Brazil @pwc_llp research at #WEF in Rio http://j.mp/mUs5kU @davos
Mark Hillary, 1 year ago
RT @itdecs: Skills gap threatens growth for Brazil @pwc_llp research at #WEF in Rio http://j.mp/mUs5kU @davos
IT Decisions, 1 year ago
Skills gap threatens Brazil growth http://bit.ly/iQZdbf
Mark Hillary, 1 year ago
RT @itdecs: Skills gap threatens Brazil growth http://bit.ly/iQZdbf
IT Decisions, 1 year ago
#WEF talking about skills gap in Brazil – serious issue or not? http://bit.ly/iQZdbf
Mark Hillary, 1 year ago
RT @itdecs: #WEF talking about skills gap in Brazil – serious issue or not? http://bit.ly/iQZdbf
Diego de Souza Costa, 1 year ago
RT @itdecs: Skills gap threatens growth for Brazil @pwc_llp research at #WEF in Rio http://j.mp/mUs5kU @davos
IT Decisions, 1 year ago
#WEF in Rio: Skills gap in Brazil could ruin plans for growth http://bit.ly/iQZdbf @davos @wef
Mark Hillary, 1 year ago
RT @itdecs: #WEF in Rio: Skills gap in Brazil could ruin plans for growth http://bit.ly/iQZdbf @davos @wef
This much I know: Claudio Martins, CIO, General Motors | IT Decisions, 11 months ago
[...] shortage of skilled personnel in IT worries me, but there are several ways to meet the demand. You can learn through training or [...]
Is Brazil ready for a knowledge economy? | IT Decisions, 10 months ago
[...] to Accenture’s study New Era of Sustainability, 72% global CEOs see education as the most critical global development issue to address in order to ensure the future success of their businesses. Climate change ranks second, chosen by [...]
Is Brazil ready for a knowledge economy? | Brazil Tribune, 10 months ago
[...] to Accenture’s study New Era of Sustainability, 72% global CEOs see education as the most critical global development issue to address in order to ensure the future success of their businesses. Climate change ranks second, chosen by [...]
State of Brazil IT: plugging the skills gap | IT Decisions, 6 months ago
[...] IT Decisions attended the World Economic Forum on Latin America this year, a major area of discussion and concern was that the skills gap in Brazil could even threaten or harm… – it’s that [...]