The demand for a deep pipeline of highly skilled workers has never been greater.
Recent BioTalent Canada labour market intelligence reports show that over the next 8 years there will be a deficit of 65,000 jobs. In order to meet talent needs, and build resiliency against future disruptions, the industry needs to adopt inclusion, diversity, equity and accessibility (IDEA), increase retention rates, and access untapped talent pools by training and hiring IEPs.
What is organizational resiliency?
Organizational resiliency refers to the capability of an organization to anticipate, absorb, react and adapt to internal and external disruptions and associated impacts. Fundamentally, it’s about how organizations overcome adversity to ensure sustainability.
This definition was validated in interviews with bio-economy employers, whose comments suggested three major characteristics shared by resilient organizations:
- They are agile, flexible and adaptable with their operations and internal processes.
- Their employees are engaged with leadership both formally and informally.
- They have empowered cultures stemming from engaged employees who feel they are listened to and their needs considered during times of change.
Building Workplace Resiliency Resources
The following resources focus on strengthening IDEA in the workplace, reaching a greater talent pool by hiring and retaining IEPs, and fostering an equitable workforce free from discrimination. Additional resources on resiliency will be released early next year.
- Building Workplace Resiliency: Adopting Inclusion, Diversity, Equity, and Accessibility (IDEA)
- Building Workplace Resiliency: Hiring Internationally Educated Professionals (IEPs)
- Building Workplace Resiliency: Understanding Canadian Human Rights
Case Studies
- Building Workplace Resiliency – Enhance organizational resiliency with the right skills
- Building Workplace Resiliency – IDEA is the cornerstone of organizational resiliency
- Building Workplace Resiliency – Building organizational resiliency with mental health supports
- Building Workplace Resiliency – How small and medium-sized enterprises can improve organizational resiliency
Building Resiliency and Sustainability for the Bio-economy to Withstand Disruption is funded by the Government of Canada’s Future Skills Centre.