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Inability to attract and retain talent, other human resources issues, top threats to Canadian corporate profitability.(Headline: Accenture)(Survey)
The inability to attract and retain talent as well as other human resources issues are among the biggest threats to corporate profitability in Canada, according to results of a survey released by Accenture. The purpose of the survey of 250 senior executives at leading businesses in Canada, was to identify and prioritize threats to corporate profitability over the next six months and understand how executives' priorities shift over time.
When asked to identify factors that would threaten their companies' profitability over the next six months, more than half (51 percent) of respondents selected "inability to retain talent;" an increase of 11 percentage points over results of a similar survey conducted in fall 2005.
"The workforce, including major human resources issues such as recruitment and retention, continues to be a top business challenge in Canada," said Bill Morris, Accenture's country managing director for Canada. "Canadian businesses need to address these challenges ... they feed directly into issues of customer care and overall business performance. Clearly, human capital is seen ...
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Source: HighBeam Research, Inability to attract and retain talent, other human resources issues,...