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Companies in Europe will face five particularly critical HR challenges in the near future: managing talent, managing demographics, becoming a learning organization, managing work-life balance, and managing change and cultural transformation. Corporations that can meet these challenges head on will build and sustain competitive advantage. In feedback gleaned from the survey and the follow-up interviews, the authors identified several possible actions for enhancing each of these capabilities. HR and other executives identified the top five future challenges in a recent Web survey that BCG and EAPM conducted jointly.
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