Global

Details

  • Service: Advisory
  • Industry: Energy & Natural Resources, Power & Utilities
  • Type: Business and industry issue
  • Date: 6/15/2011

The Human Resources Transformation Agenda for Power and Utilities Companies 

This article discusses some of the innovative strategies for developing a road map for dealing with workforce issues in the power and utility industry.
The Human Resources Transformation Agenda
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The power and utilities industry faces multiple challenges in the human resources arena. Thirty percent to 40 percent of 400,000 or so industry employees across a wide range of job categories are eligible to retire over the next few years. Meanwhile, industry and technological change are driving competition for talent that is making it hard to attract younger workers into the field. Power and utilities companies need an enterprise-wide formal succession process aligned to an organization's strategic plan.


The main topics in this article include:


  • Retirements, recruitment, and some new realities
  • Workforce planning issues
  • Sector trends represent an opportunity to "rebrand"
  • Innovative solutions can help support business strategy

 

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