Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Where Has All The Talent Gone?

Written by: Esther Smith

Article Overview: Even with the best of the best, some companies go down in greed and mismanagement. As they all compete for ‘human resources’ they fight the fiercest battle in the high-tech fields. And a win doesn’t mean you’ll hang onto your prize. Loyalty to the boss faded fast thanks to downsizing and companies dumping their retirement plans. Workers feel responsible for their own future today.

Free Download - When A Two Salary Income Fails By Esther Smith
Name: Email:

Where Has All The Talent Gone?

Somewhere there’s a pearl hiding in an oyster waiting to be discovered. It would be worth plenty to the owner but it’s getting harder and harder to find these valuable gems. Corporate America might call these pearls “talent elite” and the shortage is likely to get worse before it gets better.

Many companies claim to hire sub-standard management in an effort to fill positions quickly; deja vu the dotcom explosion of the ‘90s. In this tech-age some companies can’t even define talent. Enron hired more than 200 MBAs at the height of its fame while others went so far as to mix Nobel Prize winners among their super-achievers.

Even with the best of the best, some companies go down in greed and mismanagement. As they all compete for ‘human resources’ they fight the fiercest battle in the high-tech fields. And a win doesn’t mean you’ll hang onto your prize. Loyalty to the boss faded fast thanks to downsizing and companies dumping their retirement plans. Workers feel responsible for their own future today.

You can read where America’s biggest corporations will lose half their senior managers in the next five years due to the baby-boomers retiring. It would seem deadly important then, to get a line of younger high-flyers onboard to promote them into these vacancies. With this in mind, many are now going global in their search and regard universities as ideal talent-catching machines.

I remember when companies gave competitive examinations to recruit alpha minds. It’s not enough today – you have to work harder to woo potential recruits for high-tech positions. Companies have added millions to the budget for training and are paying more attention to employee’s reasons for jumping ship.

UPS was suffering a huge turnover in drivers and discovered it was because loading the truck each morning was back-breaking work. They contracted it out to part-timers who are easier to replace than a good driver. Smart move UPS -- and a problem-solving high-five!

So okay, I say – we get the picture. While corporate America scrambles to get the brainiacs, what about the rest of us? I don’t have an MBA or a high-tech education. Does that mean that companies don’t want the likes of me? Well no, actually they still need people to deliver their pizza, change the oil in their cars, and clean their homes.

Thanks, but no thanks. I know there will always be unskilled jobs but I also know that a percentage of unskilled workers can learn to retire prematurely if only they will get a bit smarter with their money. I learned years ago that working forty hours for a paycheck would never cut it! Residual or leveraged income set me up for monies that result from my earlier efforts. Now it keeps on coming with little or no further attention on my part.

It all began when I was introduced to a fellow who retired at age 40. This guy was not a Techie by any means; he did 13 years working along side his dad in a machine shop. Then, the Internet came along and he spent hours searching, reading, and absorbing every piece of marketing material he could find.

The Internet has produced a gigantic bed of oysters and – you guessed it – a few carry pearls. They are not any easier to find online than in the boardrooms of companies but they are there if you’re a determined hunter. My friend found his pearl and after enjoying retirement for five years has returned because, he claims, he misses the excitement of online marketing success. Do it once and it’s not hard to do it again.

Talent likes to cluster. They feed off of each other’s brainstorms and enjoy the advantage this affords. They toss around ideas for new software or a new widget. I find them gathered in seminars taking turns on the mike, giving interviews on DVDs that sell for a pittance, and just about everywhere in eBooks and testimonials. Here then, is a collection of oysters and each one holds a pearl.

Blueprint your new life. Plan your money around it.

© 2006 Esther Smith

Related Articles
  Most of the Time Talent's Not Enough
  LEADERS LOVE FORMULA : TALENT+ EXECUTION.
  America’s Got Talent?
  Diamonds in the Rough
  Talent Management - Is the Investment Worth It?

Home > Home-Based-Business > Esther Smith > Where Has All The Talent Gone
Article Tags: Corporate America, Nobel Prize winners, pearl, pearl, talent

About the Author: Esther Smith
RSS for Esther's articles - Visit Esther's website

Smith is an accomplished artist with her online galleries, an author/publisher and believer in residual or leveraged income. Her eBook, Invitation to Internet Success, is free to all who would like to generate leveraged income. http://thepermanentventure.com/Internetsuccess.pdf

Click here to visit Esther's website
Dashed Line

More from Esther Smith
Pink Slip Billionaires
Trapped On The Treadmill WorkLife Balance
Entrepreneur The Last Free American
When A Two Salary Income Fails
Where Has All The Talent Gone


Related Forum Posts
Quote of the Day - ?"I've never met a successful entrepreneu Quote of the Day - ?"I've never met a successful entrepreneu - ?"I've never met a successful entrepreneur that didn't simply outwork all others. Talent is important, but the work ethic is a necessity." - Adam Braun (Pencils Of Promise)
HRPreneur HRPreneur - Hi everyone, I am new to the forum and I recently started my own Human Capital (HR) consulting firm called HRPreneur Inc. HRP focuses on making human capital a strategic differentiator for SME's. Below is a summary about HRP; Who We Are: HRP is a Human Capital consulting firm with 30 years of experience that becomes an extension of your company by providing a full array of services to help you create a highly engaged workforce focused on achieving strategic results in order to build a long lasting great company! Mission: HRP provides small and medium sized businesses a Strategic HR Business Partner to increase employee engagement, resulting in cost savings, increased productivity and results at an affordable rate! Vision: To inspire and warrant SME's reach their full competency! Cost Effectiveness: We provide over 30 years of experience at a fraction of the cost at a strategic executive HR business level You will save between 50% to 60% in costs per year on salary, bonus, benefits, training, office space alone We will provide you additional cost efficiencies through our services Services: • Strategic Human Resources Planning • Organizational Redesign • Change Management • Organizational Culture Development • Employee Engagement Programs • Leadership Assessment and Development • Compensation Design • Talent Acquisition • Assimilation and On-Boarding • Performance Management • Talent Management & Succession Planning • Human Resources Due Diligence • Human Resources Audit • Full Service HR Outsourcing
Why A Project Fails? Why A Project Fails? - Hello Everyone As the size and complexity of ones business grows, so does their need to effectively manage projects. I have been thinking about the major reasons why a project can go wrong and my limited experience comes up with the following. 1 Leadership: A project manager with leadership skills and not just management skills. 2 Failure to (Foresee and) Plan 3 Failure to Manage: Ineffective change management control methods. Unclear decision making guidelines. 4 Talent: Finding, allocating and developing people 5 Scope: Setting an overly ambitious or amibigious project scope 6 Alignment: When projects are not prioritized in alignment with the business strategy, or project members personal objectives are not in tandem with that of the project / company 7 Lack of Candor: Communication Breakdowns I would be interested in knowing everyone's thoughts on this, especially on ways to overcome the above mentioned obstacles. Cheers!
Seek Venture Capital & Funding Seek Venture Capital & Funding - Hello, Greetings from India. I am Seeking Venture Capital for Offshore Software Company Start-up. Need advise along with Business Model Sample. I have a basic outline for an offshore company. 1. Technology - like Microsoft Dot Net, Java, LAMP 2. Talent Team - Found Good Technology Developers. 3. Where I can get the leads/potential customers - Leads have been identified who are willing to move forward offshore projects. 4. I do not have resources like funding. It is a very critical factor to me Industries: Manufacturing, Real Estate, Retail, Insurance, Distribution & Logistics, Healthcare, Industry Associations and Software Product Development, Agricultural Industries and Etc. Services: Offshore Software Development Company. Offices to be located: Hyderabad, Andhra Pradesh, India and USA. Products/Services/Applications in areas like POS & Billing, Sales & Distribution, Production Planning, Material Management, Inventory Control, Plant Maintenance, Purchasing, Accounting and Logistics. Dynamic Web Programming with Database Driven Content Management Systems, Online Stores for E-Commerce, B2B Solutions, Community Portals, Website Redesign and Development, Custom ERP with Enterprise Wide Functional Modules such as Marketing, CRM, Accounting, Inventory Control, Sales & Distribution, Production Planning, Purchase & Stores, Logistics and Supply Chain. Seek your further questions and help. Thank you, Best Regards, Jayapratap.


Recommended Article for You close

  Most of the Time Talent's Not Enough

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

The Value of Small Businesses

ROSI Return on SUNK Investment

Soda Vending Machine = Energy Hog

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.