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

Published by: Ovum Plc

Published: Sep. 28, 2007 - 18 Pages


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


Abstract

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.


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