The steadily declining number of young specialists and the high drop-out rate in the MCNT programmes (mathematics, computer science, natural sciences and technology) are leading to a rapid and progressive shortage of highly qualified employees in regards to young executives and specialists.
‘War talents’ – not only industry-typical SMEs, but also the globally recognised technology leaders and global corporations are forced into fierce competition for the ever-shrinking number of top executives, both nationally and internationally.
Germany’s flagship industries – plant and mechanical engineering, the automotive industry, etc. – are faced with the challenge of reacting to developments such as fluctuating energy and raw material prices, digitisation, global competition and demands for sustainability. At the same time, increasing competitive pressure from emerging markets is causing the development of cost-effective and low-maintenance products
In the automotive industry, new competitors compete for customers and talents. Shorter innovation cycles, networked vehicles, consistent productivity with increasing diversity of variants and the long road to e-mobility including the necessary infrastructure and services are exacerbating global competitive pressure.