Business Standard

CEOs say they are concerned about talent gap in their ranks

This year's survey sees a shift. CEOs are now focused on reskilling and upskilling their existing workforce

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Business Standard
Talent trends 2019: Upskilling for a digital world, part of PwC’s 22nd Annual Global CEO Survey trends series, shows an overwhelming majority of CEOs remain concerned about the talent gap in their ranks.

Nearly three-fourth of the CEOs surveyed, 79 per cent, said they were concerned about the skill gap. With the right skills in scarce supply, CEOs must find cost-effective ways of sourcing what they need, the report adds. Previous surveys have shown CEOs exploring the idea of hiring people from other sectors. This year's survey sees a shift. CEOs are now focused on reskilling and upskilling their existing workforce.

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