The task ahead. Managers need to:

• Understnd the demographic changes that will fundamentally change the labour market.
• Look at the education, skills and competencies required by business and create a strategic plan to acquire them

Work on developing every part of the talent recruitment process

• Accept the growing number of part-time staff and adapt the organisation to cope with them
• Ensure that staff are keeping their skills up-to-date
• Know the employees' core competencies and how to continually develop them
• Create a working culture that will attract and retain talented workers
• Create broader recruitment networks
• Accept that investing in people is a critical strategy for business sustainability.

From BRW August 25-31, 2005, pg 66.