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7 out of 10
reported shortages
of workers with
adequate technology,
computer, and
technical training
skills.
Executives …
In addition…
executives believe the skills gap
impacts the ability to:
• provide effective customer
service 69%
• innovate and develop new
products 62%
• expand internationally 48%
HOW TO TACKLE THE SKILLS SHORTAGE AND STRINGENT
COMPLIANCE NEEDS IN MANUFACTURING
believe the skills
gap will impact
their ability to meet
customer demand.
82%
believe the skills
gap will impact
their ability to
implement new
technologies.78%
AGREE
internal employee training
& development programmes
are among the most
effective ways to remedy
the skills gap problem.
94%
(Source: Deloitte and the Manufacturing Institute:
The Skills Gap In U.S. Manufacturing 2015 And Beyond)
81%
of US manufacturers
say internal training
& development is
extremely or very
important to mitigate
existing skills shortages.
REDUCED
EARNINGS
of US manufacturers
face reduced earnings
due to increased
production costs and
revenue losses.
11%
(Source: Accenture and the Manufacturing Institute, 2014 Manufacturing Skills and Training Study: Out of Inventory –
Skills Shortage Threatens Growth for US Manufacturing)
for Manufacturers
Challenges
Workforce
What to do?
» Implement personalised learning
programmes to rapidly train new
talent for technical roles.
» Offer dispersed workforce ways
of taking training such as mobile
for performance support or offline
learning.
» Engage new generation employees
in innovative learning experiences.
» Ensure that staff, suppliers &
distribution partners can deliver
products, which meet the highest
quality standards.
MORE
THAN
report a moderate to
severe shortage of
skilled resources.
75%
HOW TO TACKLE THE SKILLS SHORTAGE AND STRINGENT
COMPLIANCE NEEDS IN MANUFACTURING
Organisations that spend a higher %
of their IT budget on compliance reduce
negative consequences and
non-compliance costs.
Your company can be responsible for the poor product
quality, safety failure, and non-compliance of your supplier.
(Source: Deloitte Extended Enterprise Risk Management Report.)
AVERAGE
COMPLIANCE COST: $3.5 million
AVERAGE
NON-COMPLIANCE COST: $9.3 million(Source: The True Cost of Compliance, The Ponemon Insititute 2011)
People-centric
manufacturing =
companies need to invest in their
employees to make sure fewer
people will be able to do more
every day.
$3,000
in training each new hire.
Manufacturers invest
approximately…
$1,500
in training each employee.
Reputation is important…
25%
of a company’s
market value is
directly attributable
to its reputation.
ON AVERAGE
87%
of executives
rated reputation
risk as more
important than
other strategic
risks.
88%
of executives said
their companies
are explicitly
focusing on
managing
reputation risk.
(Source: Deloitte Touche Tohmatsu Limited’s 2014 Global
Survey on Reputation Risk)
www.NetDimensions.com
for Manufacturers
Challenges
Workforce
What to do?
» Calculate Return On
Investment (ROI) for your
training investment.
» Analyse your data by
business dimensions.
» Use robust analytics
solutions to calculate
aggregated values
on the fly.
» Create customised learning
portals for different users.
» Automate processes by
being proactive and always
prepared for compliance
audits.
» Implement a central solution
for compliance training and
certification management.
» Centralise reporting tools
for a complete view of the
whole extended enterprise.
» Track health & safety training
and certifications.
» Take an integrated approach
to third-party risk
management.
» Maintain consistent product
and service quality by
managing training from a
central point.
Be audit-ready across
all of the markets
where you operate
(Source: Accenture and the Manufacturing
Institute, 2014 Manufacturing Skills and Training
Study: Out of Inventory – Skills Shortage
Threatens Growth for US Manufacturing)

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Manufacturers Infographic

  • 1. 7 out of 10 reported shortages of workers with adequate technology, computer, and technical training skills. Executives … In addition… executives believe the skills gap impacts the ability to: • provide effective customer service 69% • innovate and develop new products 62% • expand internationally 48% HOW TO TACKLE THE SKILLS SHORTAGE AND STRINGENT COMPLIANCE NEEDS IN MANUFACTURING believe the skills gap will impact their ability to meet customer demand. 82% believe the skills gap will impact their ability to implement new technologies.78% AGREE internal employee training & development programmes are among the most effective ways to remedy the skills gap problem. 94% (Source: Deloitte and the Manufacturing Institute: The Skills Gap In U.S. Manufacturing 2015 And Beyond) 81% of US manufacturers say internal training & development is extremely or very important to mitigate existing skills shortages. REDUCED EARNINGS of US manufacturers face reduced earnings due to increased production costs and revenue losses. 11% (Source: Accenture and the Manufacturing Institute, 2014 Manufacturing Skills and Training Study: Out of Inventory – Skills Shortage Threatens Growth for US Manufacturing) for Manufacturers Challenges Workforce What to do? » Implement personalised learning programmes to rapidly train new talent for technical roles. » Offer dispersed workforce ways of taking training such as mobile for performance support or offline learning. » Engage new generation employees in innovative learning experiences. » Ensure that staff, suppliers & distribution partners can deliver products, which meet the highest quality standards. MORE THAN report a moderate to severe shortage of skilled resources. 75%
  • 2. HOW TO TACKLE THE SKILLS SHORTAGE AND STRINGENT COMPLIANCE NEEDS IN MANUFACTURING Organisations that spend a higher % of their IT budget on compliance reduce negative consequences and non-compliance costs. Your company can be responsible for the poor product quality, safety failure, and non-compliance of your supplier. (Source: Deloitte Extended Enterprise Risk Management Report.) AVERAGE COMPLIANCE COST: $3.5 million AVERAGE NON-COMPLIANCE COST: $9.3 million(Source: The True Cost of Compliance, The Ponemon Insititute 2011) People-centric manufacturing = companies need to invest in their employees to make sure fewer people will be able to do more every day. $3,000 in training each new hire. Manufacturers invest approximately… $1,500 in training each employee. Reputation is important… 25% of a company’s market value is directly attributable to its reputation. ON AVERAGE 87% of executives rated reputation risk as more important than other strategic risks. 88% of executives said their companies are explicitly focusing on managing reputation risk. (Source: Deloitte Touche Tohmatsu Limited’s 2014 Global Survey on Reputation Risk) www.NetDimensions.com for Manufacturers Challenges Workforce What to do? » Calculate Return On Investment (ROI) for your training investment. » Analyse your data by business dimensions. » Use robust analytics solutions to calculate aggregated values on the fly. » Create customised learning portals for different users. » Automate processes by being proactive and always prepared for compliance audits. » Implement a central solution for compliance training and certification management. » Centralise reporting tools for a complete view of the whole extended enterprise. » Track health & safety training and certifications. » Take an integrated approach to third-party risk management. » Maintain consistent product and service quality by managing training from a central point. Be audit-ready across all of the markets where you operate (Source: Accenture and the Manufacturing Institute, 2014 Manufacturing Skills and Training Study: Out of Inventory – Skills Shortage Threatens Growth for US Manufacturing)