“Escassez de talentos irá comprometer o crescimento (Talent scarcity will jeopardize growth)”
In a front-page article in the September 1 issue of Valor Econômico (Brazil), Booz & Company CEO Shumeet Banerji (Europe) said that the biggest obstacle for growth in Brazilian and Indian companies will be a scarcity of qualified employees, adding that the lack of talent is a worldwide problem and could become the major limitation for businesses. “It is beyond capital and technology,” he said. Among the developing nations of Brazil, Russia, India and China (BRIC), Banerji said that China is the single country that has been preparing to face the talent shortage. “The country invested not only in universities, but in the technical education and foreign language training,” Banerji said. “It is planning 10 years in advance.”