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In the wake of massive layoffs, questions persist as to whether or not survivors have the “right stuff”

Although large-scale layoffs have mostly ended, those who have survived workforce cutbacks may not be completely out of danger as the sluggish economy persists, and companies are preparing to make more adjustments. More than half (52 percent) of employers report that some of their managers do not have the right skills to achieve their business goals, and over one third (35 percent) said some of their executives are lacking the necessary skills to move their organizations forward. This is according to a survey by OI Partners, a global talent management firm.

OI Partners received survey responses from 262 mainly large and mid-sized employers and found that inadequate management skills such as leadership, motivating people, and building team work are the top reason why executives and managers today are not working out. Sixty five percent of surveyed companies cite deficient management skills as the main reason why executives are derailing. It is also the No. 1 reason why managers are not succeeding, according to 56 percent of employers. Almost twice as many companies cited inadequate management skills as the main reason for executives not working out (65 percent) as those that blamed insufficient job skills (35 percent). The surveyed employers also want executives and managers to adapt to changes that have occurred in their jobs and workplaces. Fifty three percent of companies cite inability of managers to deal with changes as a major barrier to succeeding, and 45 percent of employers said executives also need to make adjustments.

“Many companies that have laid off workers are now evaluating whether their employees have the right skills for today and tomorrow,” said Tim Schoonover, chairman of OI Partners. “A company’s needs change continually to meet the prevailing conditions. The skills that may have been right to lead and manage businesses through cost-cutting and layoffs may not be the same needed to re-focus and grow.”

“Employers are assessing their management strength and determining which employees currently have the skills critical for success, as well as which workers they want to develop further,” Schoonover added.

Source: OI Partners; www.oipartners.net.