San Francisco Chronicle (February 23)
“For American tech companies seeking talent, Ukraine’s highly educated population, with heavy emphasis on sought-after STEM specialties, is appealing, as is the fact that salaries there are about one-third to one-quarter of those for comparable jobs in the Bay Area.” Now these tech companies (including Google, Snap, Oracle, Grammarly, Ring, and JustAnswer) are urgently “revising contingency plans to protect their workers and businesses.”
Tags: Bay Area, Contingency plans, Educated, Google, JustAnswer, Oracle, Protect, Salaries, Snap, STEM, Talent, Tech companies, Ukraine
Boston Globe (January 31)
“It’s almost as if Massachusetts has too many biotechs.” With a “surplus of startups,” reflecting “investors’ desire to pour more money into the world’s leading biotech hub,” the pipeline of qualified workers simply “can’t keep up with the burgeoning demand.” The talent shortage may “inhibit growth” and could “affect the quality of work.”
Tags: Biotech hub, Burgeoning, Demand, Growth, Investors, Leading, Massachusetts, Money, Pipeline, Qualified, Shortage, Startups, Surplus, Talent, Workers
Inc (September Issue)
The Inc. 5000 is “our annual ranking of the nation’s fastest-growing private companies…. Only this year, the road ahead looks very different. Picture K2, only with more avalanches and less oxygen.” But their response may surprise. “At presstime, only 11 percent had cut staff since March, while 47 percent were landing talent let loose by others.” Though there has been belt tightening, “their eyes got bigger. More than 40 percent of honorees say current conditions make it more important than ever to scale quickly. Just 10 percent feel it would be best to slow down.”
Tags: Avalanches, Fastest-growing, Inc. 5000, K2, Private, Ranking, Scale quickly, Slow down, Staff, Talent, Tightening
Financial Times (June 7)
“Change seems inevitable. Japan’s traditional reliance on seniority-based management is crumbling fast, and there is a clear sense of alarm as Toyota, Panasonic and Sony all talk about hiring international talent with both the broader skills and mindset to survive the next wave of technological innovation.”
Tags: Alarm, Change, Inevitable, International, Japan, Management, Mindset, Panasonic, Reliance, Seniority based, Skills, Sony, Talent, Technological innovation, Toyota, Traditional
Institutional Investor (December 29)
“Disruption in the asset management industry is imminent…. Due to a combination of new technologies, shifting demographics and changing client demands, the asset manager of the future must self-regulate, adopt corporate governance by investment firms, invest in technology, and cultivate and keep top-notch talent.”
Tags: Asset management, Client demands, Corporate governance, Demographics, Disruption, Imminent, Self-regulate, Talent, Technology
Washington Post (April 4)
Prime Minister Abe is not the only one worried about empowering women. Companies should be just as worried. Equal Pay Day falls on Tuesday, April 8, symbolizing how far into 2014 women must work to earn what men earned in 2013. “Lip service isn’t enough. Corporate policy matters, too. As long as firms are resistant to changes that will help attract and retain female talent—like more flexible work arrangements, which can actually boost worker productivity—they will be limiting their own potential as well as that of female workers.
Tags: Abe, Attract, Change, Companies, Corporate policy, Equal Pay Day, Flexible work arrangements, Lip service, Potential, Retain, Talent, Women, Worker productivity
Washington Post (December 5, 2013)
The U.S. does not test well. In contrast, Japan, Shanghai, Singapore, Hong Kong, and Taiwan swept top places for math, reading and science in the recent PISA global educational survey. Nevertheless, “the United States has done very well in harnessing the talents of its top 1 percent and in attracting the top 1 percent from the rest of the world to live and work here. These are the engines of innovation, growth and dynamism.” Whether they will keep the U.S. from falling behind, however, remains to be seen.
Tags: Dynamism, Education, Growth, Hong Kong, Innovation, Japan, Math, Reading, Science, Shanghai, Singapore, Taiwan, Talent, U.S.
Wall Street Journal (December 5, 2013)
Chinese “leaders are attempting to create an innovation ecosystem whereby government ministries funnel money through universities, think-tanks, businesses of all sizes, cities, real-estate developers and venture-capital investors.” Despite massive governmental support, “China still has trouble retaining its best and brightest talents onshore…. A growing number of Chinese scientists who had returned to China from the West are now leaving again.” While there are many reasons, including environmental pollution, the stifling political environment seems to be the largest factor. Innovative people generally don’t want to live where “they can’t network on Facebook or voice freewheeling opinions on any topic, business or political, under the sun.”
Tags: China, Chinese, Environment, Facebook, Government, Innovativon, Investors, Ministries, Network, Opinions, Politics, Pollution, Real estate, Scientists, Talent, Think-tanks, Venture-capital, West