Chairman's Address - George De Marco

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Feeling the Skills Shortage?

By: Chairman, George De Marco

Ten years after the Great Recession, many industries are still struggling to rebuild the workforce. Unfortunately, the electronic security and life safety industry is also dealing with the aftermath of this disruption. Companies face the harsh reality that what took mere months to wipe out, will take years to replenish. Our industry's key challenge continues to be finding qualified, skilled employees at all levels.

The rate of Baby Boomers entering retirement is accelerating. Consequently, we are faced with a dismal report that says finding and retaining qualified workers will become even more difficult.

This is good news for employees – companies will need to boost wages and incentives as they compete in a smaller labor pool. However, for many employers, the labor shortage is also causing them to adjust their growth expectations, even though the economy is gearing up for expansion. In addition, it will have a profound impact on the delivery of customer service and profitability, if not addressed in the near term.

Ultimately, owners, executives and managers need to step up their game in how they attract, retain and educate their staff. This can be accomplished with unique approaches to talent acquisition, employee onboarding programs, compensation models, and training opportunities, as well as delivering a quality work-life balance, meaningful cultural experience, and compelling vision.

Fortunately for those who are ready to rethink the future, ESX provides a vibrant ecosystem that focuses on education for industry professionals to uncover best practices and actionable ideas, including what it takes to attract and keep new talent.

For your existing staff, this is a great opportunity to expand their industry knowledge and perspective, giving them an opportunity to grow personally and professionally.

ESX Education…it does a team good! I look forward to seeing you in Nashville!

"ESX is the best way in the industry to network with peers to grow your business."
— Jamie Vos | Security Solutions NW | WA
"ESX is the best show in the security industry to learn new ways to grow my business and to network with people who are very knowledgeable and passionate about what we do."
— Jacob Engel | Strauss Security Solutions | IA
"I was challenged to think outside the box. Seminars were inspiring and made me think about the future of our business in a proactive way."
— John Yohe | Security Unlimited Professionals | OH
"We had breakfast with a new intercom provider — and we quoted it the first day back to the office."
— Chris Gilbert | Security Pros, LLC | KY
"I enjoyed the interactions I was able to have with other owners at ESX. It seems like everyone has the same problems!"
— Agnes Albright | Security Alarm Corporation | FL
"The speakers and education programming as a whole were top notch. If you didn’t attend — you missed out."
— LJ Lynes | Stanley Security | MS
"As a business owner and the sales manager, time away from my day-to-day operations is expensive — but the insight, education, connections, and business intelligence gleaned from my time at ESX was priceless."
— Sofia Aguilar | A-1 Security | CO
"You can get what you want out of this show. There’s been a lot of great ideas gained from ESX."
— Dee Ann Harn, RFI Enterprises, CEO | CA


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