SMART – finding the optimal process

The shortage of skilled labour and managers is currently one of the most intensively discussed economic-political and human resources issues, not least also in the Stuttgart region, where world market leaders such as BOSCH, Daimler, IBM and Thyssen-Krupp are based. What is clear is that demographic developments mean that the current average age distribution of employees of between 45 and 48 years will in the future shift further upwards. Few employees will retire due to age and so the potential for new recruits will be limited. These new entrants are confronted with the current and expected training achievements and educational qualifications on the one hand and the economic development – in other words the demand on the consumer goods markets – and the development of production technologies on the other.

This process means that in many companies at around the same time a major demand for recruitment will occur. As this phase will coincide with the expected graduation of the so-called baby-bust generation, a shortage of qualified, skilled labour and managers is expected. This is a major challenge for companies in the consultancy sector. They have to find skilled workers and managers for companies that fit both the job and the company culture. The fields of health care, process optimisation and human resource and risk management will become the main tasks of consulting and executive search companies. Consultancy companies based in the metropolitan area of Stuttgart value the location factors between Stromberg and the Löwenstein Hills and between the Black Forest and the Swabian Jura.

Countless institutes of higher education, the Chamber of Commerce and Industry of the Stuttgart region with its district chambers as well as the various organisations promoting business in the region offer synergies in the consulting services in the face of these challenges. Ensuring that the strong economic power of the region is not weakened by the shortage of skilled workers and managers will become a core task of the consulting industry. It will have to find and implement viable systems to maintain the status quo: Stuttgart as one of the wealthiest German cities, not least in terms of economic power and income. In terms of living quality, Stuttgart is even number one.