Talent Wars: The Song Remains the Same
I have written on this topic in the past here and the more things change the more they remain the same. In a skills based economy, talent trumps! However, it is not clear that the majority of knowledge-based enterprises (which aren't?) "get it." But, even those that do, have the enormous challenge of growing, finding and retaining their fair share of talent.
Formerly, in the technology space, it was "superior technical skills" that were highly sought after. These remain important, but more important is the combination of "hard and soft skills" required to compete in the new economy. It is all about relationships and effective communications. It is all about story telling. But the billion dollar question is "where are the combination of these skills taught?"
Companies are forced to consistently find the "needle in the haystack" or create a learning environment where a constant supply of needles are "manufactured" over time. The latter is the ultimate differentiator but it is difficult to do in a hyper-competitive economic environment. The former (i.e. recruiting) will continue play a significant role. The right combination of the two is the challenge in the short run--that and ensuring you retain the talent once you acquire it.










