Business Owners: Staffing is Top Challenge

Small business owners report that hiring and retaining talent is their most significant business challenge, according to a quarterly survey by Vistage Worldwide.

Vistage, a global organization that assembles and facilitates private advisory boards for CEOs, conducts a quarterly survey covering a variety of small business topics. More than one-third of the 1,300 respondents cite staffing as the most significant issue they are currently facing, including identifying qualified candidates, hiring, retaining valuable staff members, and training. Additionally, CEOs note that their companies’ biggest barrier to innovation is talent, pointing to a common theme, and the importance of having a talent management and acquisition strategy in place.

This story originally ran in Fuel Oil News. View the full article here.