America’s got talent. So why is there a talent shortage

The Federal Reserve is a pretty good storyteller. And the Fed’s Beige Book gives us a snapshot of the U.S. economy with anecdotal information from businesses across the country. Today’s storyline is America’s major talent shortage. In Atlanta, there aren’t enough long-haul truck drivers to transport a growing volume of freight. In the Chicago area, manufacturers are having difficulty filling production jobs. One company said it’s increasing production in its China plant because the firm can’t find skilled workers for its U.S. plant. In San Francisco, demand for cyber security experts is rising and there are not enough specialists to hire. At the end of the day, were running out of workers on many fronts, says Diane Swonk, chief economist at  Grant Thornton. â€Å"Theres a shortage of higher education workers. Legal immigration is down 20% now from the peak. Only certain people in the world can work on certain things. The tech sector is moving faster than we can educationally adapt. While this is a candidate-driven market, here’s some perspective from employers and recruiters on what they’re confronting today across industries. Financial Technology Anil Arora, CEO of Envest|Yodlee, is on the hunt for good data scientists. His Silicon Valley company is a financial wellness digital network that caters to financial advisors. â€Å"There are not enough data scientists today,† says Arora. â€Å"Now there’s a dire need for really good ones.† The U.S. Bureau of Labor Statistics says data research scientist jobs will grow 19% between 2016 and 2026, outpacing the average for all occupations. Data science can help financial advisors analyze a client’s profile and investment history while doing predictive analysis on future behavior. â€Å"We’re soup to nuts for financial advisors. We help open accounts, help them with asset allocation, rebalancing portfolios—the full chain,† explains Arora. Competing with bigger tech giants for the best data scientists, Arora tries to attract candidates by promising a fulfilling career in a company he helped grow from ten people to 3,500 employees. â€Å"You can’t do good data science unless you have a lot of good data. That’s what we have. With 23 million active users and 87,000 financial advisors, a lot of people get excited about that much data.† There are not enough data scientists today. Now there’s a dire need for really good ones. There’s an overall mismatch between supply and demand in the tech industry. Anil Arora, CEO of Envestnet|Yodlee Educational Technology Executive recruiter Teresa Chung can barely catch her breath these days. She’s working 80-hour weeks and traveling non-stop trying to fill positions in the niche of educational technology. As founder and managing partner of executive search firm  HighFive Partners, she is navigating a list of blended jobs that didn’t exist a few years ago. Were seeing this convergence of roles in order to operate at different stages of a companys growth, says Chung. The reality is, when you hire someone in fast-growth companies, that person could be a good fit to take the company from zero to $10 million, but may not have the capacity to grow it from $10 million to $50 million. You need people to operate with a lot of ambiguity and can keep pace.† On the technical side, candidates with highly specialized skills can cherry-pick the best-paying jobs. For instance, one of Chung’s corporate clients is a global conglomerate looking for a leader in Consumer Artificial Intelligence. However, the role not only requires AI experience but  expertise in three other industry sectors. The finalist for this position is someone Chung describes as getting bombarded two to three times a week with calls from other recruiters. If you have a highly specialized skill like artificial intelligence, its going to go far because companies are willing to pay a premium for it, says Chung. We are now in a candidate-driven market. Candidates are cherry-picking job offers. Teresa Chung, Founder of HighFive Partners, on tech companies looking for highly skilled candidates Manufacturing American businessman Scott Huff has manufacturing operations in both China and Tennessee. His company, Innovate Manufacturing, makes plastic products like Gatorade bottles for PepsiCo and party serving platters for Wal-Mart. When the cost of labor in China started to increase, Huff started reshoring operations back to Tennessee. Land, energy, electricity are cheaper here. Electricity in Tennessee is half what I paid in Dongguan,† Huff says. Without the cost advantages of China anymore, being closer to our customers is better. Businessman Scott Huff brought his manufacturing operations back to Tennessee. Innovate Manufacturing makes plastic products like bottles for the sports drink, Gatorade. However, a new set of challenges cropped up: finding workers with solid manufacturing experience and a good work ethic. The company has gone through a revolving door of workers for a number of reasons. Some workers don’t show up on time. Some don’t show up at all. Some are not paying attention to the quality of work, says Yvette Newman, the company’s human resources manager. We have a no-cellphone policy in the plant, but they’re looking at and paying attention to their cell phone. It’s a discipline issue really,† says Huff. â€Å"So many of the workers have never been in an environment that requires discipline. Retiring Baby Boomers and a lack of apprenticeships are also weighing on the talent pool. Huff has sent some American workers to China to get a crash course in manufacturing and brings Chinese engineers to his Tennessee plant to conduct training. We’re working on a race car in the middle of the race and the chief mechanic has retired. Businessman Scott Huff on the demographic challenge of Baby Boomers retiring Restaurants Several factors are colliding in the food industry to create a perfect storm. Some states have increased the minimum wage, which puts pressure on margins. The immigration crackdown has caused restaurants to shy away from hiring illegal immigrants to work low-paying jobs like washing dishes. A stronger economy means more customers and higher expectations of good service. However, in the same economic upswing, many eateries are seeing rapid staff turnover as employees leave for other restaurants paying higher wages. Economist Diane Swonk jokes, â€Å"The minute that service becomes bad, I know the economy is doing well.† To counter this trend, some restaurants are finding unique ways to invest in talent and to create a sense of ownership. For example, Taco Bell is expanding its tuition assistance to all 210,000 employees in the U.S. The fast-food chain said a pilot program last year resulted in a 34% increase in employee retention. Boston chef Chris Coombs has offered to pay the culinary school loans of his restaurant employees. He told the New York Times, â€Å"One consistent theme of our cooks is that they all had student loan debt. It was one of many tactics.† New York City startup, StellarEmploy, focuses on streamlining the hiring process for hourly workers in places like fast food restaurants and call centers. Co-founders Sara Nadel and Irene Chung say the pain point is the moment a company hires the wrong kind of employee. â€Å"People who excel at Dunkin’ Donuts are really different from workers who excel at Burger King,† says Nadel. â€Å"Burger King needs people who are good at multi-tasking. Dunkin’ Donuts needs people who pay attention to detail because there’s not a lot of cooked food there.† Hiring an employee with the right skills means less turnover, but that doesn’t alleviate all the problems. Chung has seen incentives backfire in a tight labor market. â€Å"Some fast food restaurants give a $200 bonus after 90 days on the job, but then you see a drop off and people leaving after getting those rewards. â€Å" StellarEmploy uses machine learning and deep learning to identify the strengths of a restaurant’s top employees and then finds applicants with similar skills. In the end, the right fit offers a little more stability in a fast-moving labor market. Interested to find out more about the career paths of Hult alumni? Download out our latest  Global Careers Report. Hult offers a range of highly skills-focused and employability-driven business school programs including a range of MBA options and a comprehensive one year Masters in International Business. To find out more, take a look at our blog Building startup talent: an interview with Hult alum Christian Claus of HoloBuilder. Download a brochure or get in touch today to find out how Hult can help you to learn about the business world, the future, and yourself. Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Hult Rotation offers you a chance to study in a truly global way. Our rotation program allows you to study and be immersed in some of the finest cities in the world. 📠¸: @jasminmanzano . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . Each year, Hult seeks to enroll a talented and ambitious incoming class from all over the world. We look for diverse students with a wide range of experiences, perspectives, and interests—students who will thrive in our unique educational atmosphere. Are you ready for a truly global experience? 📠¸: @iambrunadiniz . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . We’re excited to start 2020 on a ranking high! Hult is proud to have been placed #28 in Poets Quants 2020 rankings for Best Undergraduate Business Schools in the US. Taking a huge leap of 32 places from our 2019 position, we’re also very happy to have secured top positions in key categories like: life-changing experience, practicality of the degree, and global immersion. . With five global campuses, a student body of over 130 nationalities, and a learn-by-doing approach—Hult offers a student experience like no other. . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . â€Å"I’m from an engineering background and needed a whole new skill set for the industry I wanted to switch to. I learned a lot about myself and how I deal with being out of my comfort zone. I learned both soft and hard skills, from how to work in very diverse teams to key accounting metrics and strategy. I was surprised by how weak I was at certain tasks in English or how strong I actually was in other areas. Hult gave me opportunities to try new things and meet people from places I never thought I would have friends. . My internship experiences gave me the chance to broaden my view of different cultures and different companies. I had the opportunity to work and live with people whose values differed from people in my home country. I thought that this would be difficult, but it gave me the chance to reflect on my own values and assess if they were a result of my home country environment or if they were intrinsically mine. . Diederick ter Kulve (@diederick.terkulve) Netherlands Masters in International Business . Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021 Say a big hello to our Bachelor of Business Administration program cover star, Elisa Orus Plana âÅ" ¨ . â€Å"I’m excited for the future—especially that I cant predict whats going to happen. Maybe Ill end up in Mexico working for a trading company or maybe in Africa, developing my own business. Everything is possible, and the options are constantly changing. I love the idea that Im never going to be stuck doing the same job until the end of my life if I dont want it to be like this. . Hult really supports me and my ambitions and truly believes that we deserve to be considered as professionals as well as students. Here, I get to express not just my opinions but all elements of myself. From my creative side with the Fashion Society to my finance and business sides in Trading Club and the Management Consulting Club. We get a different type of learning here. Not just essential knowledge and theory, but practical skills and mindset. The school is always evolving. We’re encouraged to innovate and to always look for new ways of doing traditional things. We learn how to be more confident and become aware of how we can impact our environment. The school aims to help you become a better version of yourself and to stand out from the crowd.â€Å" . Elisa Orus Plana French Bachelor of Business Administration Class of 2021"> During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. During the final days of 2019, you probably reflected on what you’ve accomplished this year—and even this decade—and what you’d like to achieve in 2020. Let us know in the comments below. â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"The first time we did group work on the program, I went head-to-head with a colleague. It taught me a lot about how I see people, how people see me, and how conflict can be resolved in a kind and productive way. The best feedback you get, when delivered constructively, is the most critical because it really feeds into how you lead. I’ve completely reversed my leadership style—the result is so much richer and more powerful when you lead from behind and lead with strength. . Studying in tandem with working, whilst challenging, gave me the perfect platform to directly apply learning concepts into my business environment, the competitive landscape, and the real-estate industry as a whole. When I started the program, I was very happy in my corporate role. But my courage and aspirations grew to the point that I took on a whole new direction. Having my career coach, Joanna, as a sounding board allowed me to really be strategic and get to know myself. She coached me thro ugh all the interviews, the research, and the questions. It went in parallel with what I was doing academically and after six months everything just clicked. . I went into the EMBA knowing I had nothing to lose and I’ve come out with everything. Great strength, global friends, amazing learning, mentors from professors, a job I love, and the knowledge that I can set my mind to achieve anything and with the right support and resources I’ll get there.† . Kashani Wijetunga British, New Zealand Sri Lankan Associate Director Senior Strategy Consultant CBRE EMBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . â€Å"It was now or never. I knew that I’d have likely stayed in my neighborhood for years to come if I didn’t take this opportunity. I’d not lived or studied outside of the U.S. before. So I left my job as a global strategist at an advertising agency and moved halfway around the world. I’ve come back a more culturally aware, well-versed person. I’ve realized that everything is a learning experience and an opportunity for growth. Ill definitely carry this mindset with me into the future. Technology and social media allow us to be different people in several places at once. Im excited to see how I can establish myself in whatever city Ill be lucky enough to call home and still maintain deep connections with people all over the world. I’m inspired by my classmates every day. Hearing some of their life stories and how getting this degree fits into their greater mission has been very humbling. My biggest challenge has been finding the ‘right’ path for me. There have been rooms Ive felt like I shouldnt be in, but now Im proud to feel as though I truly belong, wherever I am.† . Dwayne Logan, Jnr. American MBA Class of 2019 . Happy New Year, Hultians! . Happy New Year, Hultians! .

Transformation Of Characters In The Kite Runner - Free Essay Example

The Kite Runner is filled with many compelling characters that have struggled much throughout story and transform into their better halves by redeeming themselves into a better person. Amir is the narrator and the protagonist that is driven by his guilt caused by his desire to win over his fatherrs affection. Throughout the book, Amir is searching for countless ways to to deal with his guilt by redeeming himself. In the book, The Kite Runner written by Khaled Hosseini, Amir is introduced as a character that struggles with his guilt but, throughout the book is constantly searching for redemption using his guilt, pain, and his loss to guide him in his journey to redemption. Amirrs guilt is first established when he witnesses the rape of his best friend Hassan and simply stands by allowing such a horrific act to transpire. Amir is introduced to his guilt when he says, That was a long time ago, but itrs wrong what they say about the past, Ive learned, about how you can bury it. Because the past claws its way out. Looking back now, I realize I have been peeking into that deserted alley for the last twenty-six years (pg. 4). Amir is referencing the scene that he witnessed in the alley while Hassan was being rape, and emphasizes that as much as he attempts to bury his past, it will always come back to haunt him. Amirrs journey to redemption begins when he realizes how he had betrayed such a robust relationship that he shared with Hassan. However, Amir attempts to redeem himself shortly after being informed about Hassanrs death when he states, Hassan is dead now. That boy sleeping on the couch is Hassans son. Hes my nephew. Thats what you tell people when they ask And one more thing, General Sahib, you will never again refer to him as Hazara boy in my presence. He has a name and its Sohrab (pg. 361). Another way, Amir aims to redeem himself is by respecting Hassan and not permitting anyone to disrespect his son and his name. Amirrs guilt caused by what occured in the alley, motivated him to care for Sohrab while also searching redemption. It is evident how Amirrs guilt plays a crucial role in Amirrs journ ey to redemption. Although, Amirrs journey to redemption is heavily influenced by his guilt, Amirrs pain motivates him to not permit his loved ones to ever feel the pain he had to endure to become the man he is now. Amirrs father is a constant reminder of the pain he has to carry alongside, because Amir has always felt that his own father hated him. Amir suspicions of hatred are hinted when he says, I was going to win, and I was going to run that last kite. Then Id bring it home and show it to Baba. Show him once and for all that his son is worthy. Then maybe my life as a ghost in this house would finally be over. (60). Amir struggles to gain appreciation from his father but, attempts to achieve it by winning a Kite Flying tournament and finally making his father proud. Amirrs pain influences him to redeem himself by not becoming the coward he believes his father oughts him up to be. Amir aspires to be like his father because he makes him to be a respected, honorable, and a caring person. Amir has always felt inferior to his father because he can never be the boy his father wished him to be. Amir struggles to stand up for himself and is often placed in a situation where Hassan stands up for him. A boy who wont stand up for himself becomes a man who cant stand up to anything (pg. 35) is something that his father once told him. However, Amir finds it difficult to stand up for himself. The pain of feeling inferior to his father motivates him to become a better person while progressing his journey to redemption. Amirrs losses many things important to him throughout the book, including his own father, brother, and mother. Amir successfully transforms the pain he received from those losses to an excellent motivating factor to his journey to redemption. Before, Amir witnessed the death of his father, Amir strived to become the man his father was. Therefore, took into consideration everything he says including, There is only one sin, only one. And that is theft. Every other sin is a variation of theft.When you kill a man, you steal a life. You steal his Wifers right to a husband, rob his children of a father. When you tell a lie, You steal someones right to the truth(17). Although, the death of his father greatly impacted Amir, this quote pressures Amir to redeem himself. The loss of his father enables him to continue the legacy that his father left behind. Another, example that reveals the impact of the death of his father is when Amir says, Sometimes, I think everything he did, feeding the poo r on the streets, building the orphanage, giving money to friends in need, it was all his way of redeeming himself. And that, I believe, is what true redemption is, when guilt leads to good (316). Amir believes that his father struggled with the same feelings of guilt, which leads him to believe that he can also redeem himself. This realization is a prime example how the death of his father influenced his decision to redeem himself and eradicate his feelings of guilt. Although, Amir at a young age was unable to stand up to himself, the death of his father taught him that he can only redeem himself by fighting for what is right .