After taking the pulse of employers around the world to learn what was on their minds in 2012, Mercer launced an initiative to help organizations understand and address their most pressing issues and concerns. This is the second installment in "Inside Employers' Minds: Confronting Critical Workforce Challenges," a new series created by Big Think in partnership with Mercer. 

So what do 21st century employers need to do in order to remain competitive? First, they need principled leadership and values. They also need vision, and the ability to communicate it to their employees and the world. But most importantly, they need to be able to engage in a little critical self-reflection. 

Here's Nobel prize-winner Daniel Kahneman on the psychology of making bad decisions (especially those concerning money), and what we can do to improve our choices. Haig Nalbantian, author of Play To Your Strengths and a well-known authority on human capital measurement and management, gives an on-the-ground explanation of how to conduct assessments of supply and demand.

1. 1 Why We Make Bad Decisions About M...
2. 2 Know Your Internal Labor Market
3. 3 What Makes a Great Leader?
4. 4 So, You've Got A Vision. Now How ...