Jetrader - March/April 2009 - 20

While the U.S. workforce grew by 54 percent from 1980 to 2000, it is only expected to grow by three percent from 2000 to 2020. On top of that, the percentage of the U.S. workforce with college degrees rose by 43 percent during the ’80s and ’90s, but over the next 20 years will grow only a paltry seven percent. According to the U.S. Department of Education, 60 percent of the jobs in the 21st century will require skills possessed by only 20 percent of the talent pool. Get the Workers you Want Overall, managers need to realize that attracting talent, retention and training of employees are interconnected issues that must be considered in tandem with each other. To alleviate this industry problem, action must be taken by the industry as a whole to change the way they are perceived. An advisory board on hiring and retention would help the transportation industry share strategies and information that will stave off this personnel crisis. What is not working is the poaching of talent. Ultimately, somebody is going to lose. We need to be creatively working on the supply side of the issue, not the demand side. There is a need for a summit around this issue. The transportation industry is trying to attract the best and the brightest; at the same time other industries are attempting to do the same. This means working within the industry, local schools, community colleges and universities. There is a need for the transportation industry organizations to convene and discuss local, regional and national strategies. The transportation industry must stop merely grumbling over the dismal statistics and take decisive action. Collaboration in the industry—led by a national advisory committee on how to attract, hire and retain top talent in trying economic times— will help ensure that action is taken quickly and efficiently. Time is of the essence and cooperation is the key to a thriving future for the industry. Now is the time to begin discussions on who should be on such a panel, which organizations should sponsor the effort, and how soon the discussions could begin. If you have ideas, nominations, or if you would like to participate, please contact me. Dana Borowka, MA, CEO of Lighthouse Consulting Services, LLC has 25-plus years experience in the area of business consulting and helping organizations both nationally and internationally in raising the hiring bar and “bringing effective insight” to organizations. Dana is a nationally recognized speaker on this topic and has built a well recognized organization that provides expert interpretation of in-depth personality assessments during the hiring process, providing stress management workshops and in assisting those with communication challenges. He is the coauthor of the book, Cracking the Personality Code, available on www.amazon.com. If you would like additional information on this topic or others, please contact Lighthouse Consulting Services, LLC, at (310) 453-6556, dana@lighthouseconsulting.com or www.lighthouseconsulting.com 20 The official publication of the International Society of Transport Aircraft Trading
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Jetrader - March/April 2009

Table of Contents for the Digital Edition of Jetrader - March/April 2009

Jetrader - March/April 2009
A Message from the President
Contents
Calendar/News
Crunching the Numbers
World Air Cargo Forecast
Brain Drain in the Transportation Industry
Aircraft Appraisals
From the ISTAT Foundation
Aviation History
Advertising Index
Jetrader - March/April 2009 - Jetrader - March/April 2009
Jetrader - March/April 2009 - Cover2
Jetrader - March/April 2009 - A Message from the President
Jetrader - March/April 2009 - 4
Jetrader - March/April 2009 - Contents
Jetrader - March/April 2009 - 6
Jetrader - March/April 2009 - Calendar/News
Jetrader - March/April 2009 - Crunching the Numbers
Jetrader - March/April 2009 - 9
Jetrader - March/April 2009 - 10
Jetrader - March/April 2009 - 11
Jetrader - March/April 2009 - 12
Jetrader - March/April 2009 - 13
Jetrader - March/April 2009 - World Air Cargo Forecast
Jetrader - March/April 2009 - 15
Jetrader - March/April 2009 - 16
Jetrader - March/April 2009 - 17
Jetrader - March/April 2009 - Brain Drain in the Transportation Industry
Jetrader - March/April 2009 - 19
Jetrader - March/April 2009 - 20
Jetrader - March/April 2009 - Aircraft Appraisals
Jetrader - March/April 2009 - 22
Jetrader - March/April 2009 - 23
Jetrader - March/April 2009 - 24
Jetrader - March/April 2009 - From the ISTAT Foundation
Jetrader - March/April 2009 - 26
Jetrader - March/April 2009 - Aviation History
Jetrader - March/April 2009 - 28
Jetrader - March/April 2009 - 29
Jetrader - March/April 2009 - 30
Jetrader - March/April 2009 - 31
Jetrader - March/April 2009 - 32
Jetrader - March/April 2009 - 33
Jetrader - March/April 2009 - Advertising Index
Jetrader - March/April 2009 - Cover3
Jetrader - March/April 2009 - Cover4
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