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two‐thirds of employers were familiar enough with the labour market to rate shortages in business
management occupations. Operations Manager and Entrepreneur were the two occupations considered
to have the greatest undersupply; however, the shortage was in the small to moderate range. 20
The majority of Employers indicated shortages for the positions of Operations Manager, with almost
one‐quarter rating the shortages as significant. While similar proportions of employers indicated
shortages for Entrepreneur, Project Manager, Small Business Manager and Program Manager (about
three‐quarters), the Entrepreneur shortages were much more likely to be considered significant.
Table 14. Employers – Shortage in Business Management Specializations
n
Mean
Shortage
Don't
know
Operations Manager 35 2.5 36.4%
Entrepreneur 31 2.5 43.6%
Project Manager 40 2.2 27.3%
Small Business Manager 27 2.0 50.9%
Program Manager 27 1.7 50.9%
Executive Assistant 38 1.7 30.9%
Retail Manager 25 1.4 54.5%
Management Trainee 32 1.2 41.8%
Management Consultant 33 1.2 40.0%
Chart 26. Employers – Shortage in Business Management Specializations
Operations Manager
Entrepreneur
Project Manager
Small Business Manager
Program Manager
Executive Assistant
Retail Manager
Management Trainee
Management Consultant
No Shortage
Small Shortage
2
Moderate Shortage
4
Extreme Shortage
0 20 40 60 80 100
In terms of potential future shortages for business management employees, only one‐quarter of
Employers did not feel they could offer an opinion and more than half felt that supply would meet
demand over the next five to 10 years. One‐fifth of employers did not believe that there would a
sufficient supply of employees with business management skills, and a small number of Employers
20 Mean scores were calculated on the basis of all respondent rankings (from 0 to 5), excluding “Don’t know”.
LKSB Degree Program Feasibility Study • 2011
47