What do you do when talent is the new scarcity?
John Hagel delivered a great speech at FASTforward ‘08 this morning (more here). One of the interesting take-aways from his talk is that in the face of talent being the new scarcity in this new economy, most companies are developing plans to better attract and retain that talent, instead of developing it in house.
Those who will be become great developers of talent will automatically attract and retain outside talent as well. Those who will play the old attract and retain game will lose, because at the end of the day, control lies with the talent – not the firm.
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February 20th, 2008 at 8:58 am
It’s easy to see why not develop talent in house – no budgets, no plan. I am not seeing, however, talent retention. Race to attract, yes. Yet it looks like once gotten, soon forgotten…