GoingToMeet

The People Challenge in the (Petro) Chemical Industry Forum 2008 will provide the participants with the current industry trends and challenges when looking on how to most effectively manage their human resources. It is a unique opportunity to discuss both the practical and strategic approaches when it comes to filling the talent gap and extracting the maximum value out of their human assets.

Ongoing growth and expansion within the chemical & petrochemical industry have made the companies compete globally for new talent, trying to find the qualified people to do the job allowing them to take advantage of the opportunities at hand. Reality shows that they are facing a serious shortage of skilled engineers caused by the number of math and science graduates that has been going since the eighties. also bearing in mind that the existing generation of engineers is close to retirement, companies recognize the need to start worrying about the 'asset' most taken for granted up until now.

As a consequence of all this companies are rethinking their recruiting and retaining strategies aimed at providing a lot more than just a competitive salary. The newest generation is showing to have different expectations and is tendering to respond better to non-monetary levers like exciting career paths, better training and development programs, the opportunity to work with good managers and meaningful work assignments.

The total picture shows a huge people challenge needed to be taken on from the beginning till the end of the workforce lifecycle, making talent management a strategic driver for business growth.