North America'S It Staffing 'Time Bomb': Managing The Demographic Shift: Industry

North America'S It Staffing 'Time Bomb': Managing The Demographic Shift

Product Type: Market Research Report
Published by: Ovum Plc
Published: September 2007
Product Code: R464-626

Description

North American IT shops may well be facing a staffing perfect storm. Two big challenges are certain - a mass retirement of baby boomers that promises to deplete staff and starve many companies of critical skills, and a shortage of replacements due to a smaller crop of college graduates and a dramatic decline in students majoring in and planning to enter IT-related fields. The impact of a third challenge - the inevitable, but largely unpredictable trends toward outsourcing and offshoring - remains uncertain.

There are a number of steps that companies can take now to address current requirements and many others that corporations, in partnership with government organizations and educational institutions, must take to pre-empt even greater challenges in the future. The first step, however, is to do something that only a small percentage of US corporations have done - acknowledge the nature and extent of the problem and the need to address it.

Table of Contents

Key messages: The emerging perfect storm; The rise and fall of IT as a preferred career path; IT as the engine for US job creation; IT as a perceived jobs backwater; The ticking demographic and educational ‘time bombs’; Out with the old jobs, in with the new; The demographic shift; The Gen-Y jobs dilemma; Filling tomorrow’s IT jobs; Re-engineering IT processes; Retaining and transferring current IT capabilities; Leveraging the line-of-business connection; Gen-Y recruitment; Outside-the-border thinking; Offshore talent pools; Playing the H-1B Card; Offshore facilities; Outsourcing as solution and challenge; Bridging the IT skills gap; Individual company responsibilities; Industry requirements; Engaging colleges and universities; Reaching back into primary and secondary schools; Beyond math, science and technology; A time for integrated solutions

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