Where are the Good People of the Industry? ...............Are they still with you?..............Look again around you.

If you look at most of the survey and studies by staffing services firm they will all indicate that the global talent crunch is clearly here.

What is seen is that companies have been shedding jobs, and there aren’t too many new ones going around.

For all the shedding that is taking place, one will have to see around if good people are available for the picking? some would suggest that it is and some would say it would seem not. If you are the one who suggests that companies have managed to hang on to their best talent, then please think again as it is only half the story.

If you were travelling in a bus and it breaks down on the way, and if you are told that it will take about five hours for repairs, what do you think.

Among your co-travellers who have left and who are the ones who have stayed back. If you look around the most resourceful, talented and best suited employees, with skills that are much in demand across companies and sectors, have left and only the infirms with low resources have tend to hunker down and wait out a repair job. Their preference for the status quo and fear of change outweighs the risk of travel of a new job.

The bad news for companies is that those talented employees will leave or have left, helping others in the process to reach the destination before you.

Whenever or as soon as the economy turns, these talented people would have joined your competition—unless they were given good reason to stay back.

Each organization have their share of Horses, Mules and Donkeys.

Recession in the Real Estate Market

Everyone wants to hear that recession is ending. The person who gives the earliest date is the best man of the industry. Not because he knows all but because he gives hope.

This hope to be back in business and booking profits again. Any news which tells that bad days are over is lapped up first.

But the question is why should we look at all these people for guidance. If you want to have a tab on the real Estate Market look at the Rentals and what rentals say the main market will follow.

Another thing what is also important to note here is that the Real Estate Market follows the other market but just takes more time to react. (with a gestation period of about 9 months) If the main markets starts going north at this hour the real estate will start going north about 9-12 months from now. So just watch and keep your fingers crossed. If you want to survive be innovative, and innovation does not come cheap (unless you already have those people with you.) If you are a large organization, and now that your caravan is passing the desert, your survival and moving from one oasis to another will depend more on your hawks and horses than your camels. Now look and see how many horses and hawks you have, or you have only donkeys and mules. In the innovation end let me put one thing here that let your boys go to your old clients and specially to those who you have lost.(early business will be from them)