With a radically smaller pool of skilled workers and the
increased demand for profits, the original “War for Talent” of the late 90’s
has morphed from a quantitative to a qualitative one, best described as the ‘War
for the Best Talent’ by author Peter Weddle
Faced with stiffer competition and tougher hiring requirements, companies of every sort are becoming single-minded about productivity and bottom-line performance. Consequently, competition for jobs is increasing as management seeks and hires only those persons who appear to have the most potential for helping to boost the company’s profits. For many companies, employees are now viewed as a variable cost – hence the term human capital – to remain “on the books” only as long as they continue to produce.
Recognize that looking for an old-fashioned job like the one, “Dad used to have”, is a waste of your time - Jobs are temporary in the new economy - henceforth you need to always be looking for the next opportunity.