The following is a transcript of a speech delivered by Tom Fuller, general managing partner of Epsen Fuller/IMD International at Hunt Scanlon’s Human Capital Conference, “Workforce Strategies for Global Employers”,  at The Metropolitan Club in NYC. 

Throughout history, talented individuals have risen above the known limits of their time.  Where would the world be without the great minds of Einstein and Leonardo da Vinci?

At the same time, world shaking accomplishments have demanded individual genius and the teamwork of thousands.  The magnificent cathedrals in Europe, the Pyramids of Egypt, the Panama Canal, and the 1st Lunar space walk all emerged through the collective efforts of countless talented people.

People can make a difference if they dare to believe in creating advantage for themselves, their communities, and their future.
The pace of change has accelerated dramatically in recent decades, producing seismic changes in business and society, and people are more important than ever to success… and their importance will only grow in the future.

Companies are complex social systems that require clarity of purpose…and guidance. Companies that fine-tune these systems by creating a people advantage will race ahead of their competitors.

• Talent is scarce and getting scarcer
• The workforce is growing older and the generations behind the boomers leave a tremendous shortfall in sheer numbers
• Globalization is happening at warp speed
• The emotional well being of employees is more important than ever to achieve true employee engagement
  

While HR challenges are greater than ever before, so too are the opportunities for companies to excel through people strategies.

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