Archive for July, 2009

Q Talent is Always Scarce

Friday, July 24th, 2009

In our book “Talent Force: A New Manifesto for the Human Side of Business” Prentice Hall ‘06, Rusty Rueff and I wrote that no matter the economic back drop - boom or gloom - Q Talent (quality talent) is always scarce. I’ve been conducting executive searches for companies recently from the US to Moscow and find that ‘discovering’ the quality talent takes more work. Not more time necessarily, just more time to weed through all the prospects as more talent is currently available.

The perception of high unemployment resulting in an easier process of finding the right talent is the wrong way to approach our current economic environment. There is a good chance your company has fewer resources to source and assess talent, just as your CFO requires that less investment in talent acquisition is the imperative of the day. The reality is more talent is streaming and directed at your organization with fewer resources to manage resulting in a inefficient process and poor results.

And though there are many highly qualified executive talent on the market seeking opportunity today, we have to wonder and desire access to those asked to remain and guide their companies through our current economic condition.

Your company requires executive Q Talent - either today or at some point in the future and if you want to successfully compete through quality execution, you need quality executive talent to make it happen. So what do we do to source, assess and hire.

  • Align executive Q Talent needs with your business model needs - short and long term
  • Invest in internal/external resources to help source executive Q Talent relationships
  • Put programs in place to source executive Q Talent relationships ahead of demand - build a bench so you are ready to move when the conditions are right

Today is the greatest time to source and establish executive Q Talent relationships.

Realize it and make the investment today to insure your success tomorrow.