Talent Shortage Through 2030

Contractors must have a clear scoreboard and keep everyone focused on the most important objectives.

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Contractors will face a 25% gap in the critical talent layer that keeps their companies growing profitably and sustainably with a strong scoreboard.

Talent Development: 25% of Your Deep Expertise Will be Gone by 2030
  • From 2015 to 2030 the overall population will increase about 12.5% while the population of 45-65 year olds will decline by about that same amount from peak 2015 levels.
  • Construction demand will grow roughly with the population; likely faster due to deferred infrastructure maintenance.
  • Automation technologies will help significantly with the front-line workforce including drivers, operators, many craft, basic engineering functions, etc.
  • The demand for critical expertise and management capabilities will increase do to the increasing complexity of projects, changing project delivery methods and tighter supply chain integration.
  • 90% of this talent is 45-65 years old because it typically takes 20+ years to build the deep experience and relationships required.
  • Compensation alone WILL NOT solve the problem of a massive shortage in supply just like you can’t offset a 25% decline in oil supply through higher gas prices. 
  • Mastering the 9 Critical Talent Processes is the only sustainable growth strategy around talent for contractors.

Schedule a conversation with us to learn more about how we are helping contractors with their talent. 




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