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Preparing for the 2020 workforce is critical to business strategy, growth, and performance. To understand the challenges and opportunities, Oxford Economics and SAP surveyed over 2,700 executives and more than 2,700 employees in 27 countries during the second quarter of 2014.
Based on survey responses, we found that many companies lack the structure, strategy, culture, solutions and resources to manage employees effectively. In order to succeed, a number of factors need to be addressed, including the role and relevance of people strategy; changing demographics and evolving definitions of work; leadership ability and cultivation; employee wants and needs; and talent development.
Our study includes:
A global survey of 2,718 executives and 2,872 employees
A research report
Country fact sheets
Industry fact sheets
Regional fact sheets
An SME fact sheet
Four think pieces
An ongoing blog discussion of the diverse issues surrounding the 2020 workforce
A series of webinars
Key findings overview
This executive summary presents results and analysis of our global survey of more than 2,700 employees and 2,700 executives.
Workforce 2020 blog
How well are executives prepared for the challenges of Workforce 2020? How many of them have a strategic vision, much less an action plan, and how well do those plans match the views of their employees? This blog covers these issues and more while tracking key milestones throughout the research program.
Oxford Economics' Ed Cone presents Workforce 2020 research at Success Connect
Ed Cone, Managing Editor and Senior Analyst for Oxford Economics' Thought Leadership team, presented some of the research results at Success Connect 2014 in Las Vegas.