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10 forecasts to dispel the New Year blues

Dispelling the lethargy of post- New Year blues is often the first task on a CFO’s agenda when they get back behind a desk.

 

To make the process a little easier CF offers the following 10 easily-digestible forecasts for 2004.

 

  1. Employment Market Turbulence. More secure employees will stimulate unprecedented churning in the labour marketplace. This turbulence will threaten corporate stability and capacity to serve customers, particularly for employers who took employees for granted in recent years.  

  2. Shift to Sellers' Market in Labour. Employers will face the most severe shortage of skilled labour in history. Corporations will become more aggressive to attract and hold top talent. People will change jobs to find -their personal Employer of Choice. 

  3. Fluid International Job Movement. Economic issues and skilled labour shortages in the United States will move even more jobs to other countries. However, employers will discover that some situations are unsatisfactory and jobs will be returned.  

  4. Retirement will evaporate. Traditional retirement will continue its metamorphosis. Retirees will move into jobs in other fields, start their own businesses, and engage in other activities to remain active and productive.  

  5. Training and Education will accelerate.

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