Saturday, May 30, 2009

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.

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