This Week's Herman Trend Alert

Leadership in Normal 2.0
 

  The Herman Trend Alert

July 23, 2003

Fighting the Talent Drain

As we move through the decade, competition for top talent will become global. Over the past few years, we have become increasingly sensitized to the movement of jobs to countries with workforce populations that will tolerate lower wages. Many of the jobs to be filled---in developed countries and in developing countries---will require higher levels of education, experience, and expertise. Workers with those qualities are located around the world and often feel very comfortable in moving abroad to fulfill their job responsibilities.

When these highly talented people move across international lines, their home country loses a resource that could help attract and build needed economic strength. Employers go where they can find people who can get the job done, labor laws that are supportive, and other community factors that make the location desirable. Qualified workers are a key factor in the process of deciding where to locate a business. Businesses provide more jobs, pay taxes, and help stabilize the economy. If those workers have gone, the location is less attractive.

National governments will engage in public relations campaigns to attract and hold citizen-workers in their countries to counteract the risk of a talent drain. These efforts will be directed toward college and university students as well as experienced professionals and specialists who are already a significant national asset. Some states and cities will fund similar promotions; some already have, notably Iowa and Omaha with their campaigns to attract IT workers.

Convincing the next generation of workers to stay, with a sense of nationalism, will be difficult. Young people (in their twenties and early thirties) are already accustomed to a freedom of international travel. Several of our children have already traveled in over two dozen countries--- at their expense---and many Europeans have even broader experiences. With their internet communication, the next generation has already transcended political boundaries---mere lines drawn on a map. They will probably ignore nationalism, placing a priority on their own interests.

The new mobility will challenge states, countries, and employers to find ways to encourage those valuable young, energetic workers to choose local career opportunities.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."

HOW DOES SHE DO IT?
Our author Joyce gets quoted in TIME Magazine and other national media on a regular basis. You can, too! Sign up for ExpertClick.com. You will be found by the news media and in Google search: 1. Through your personal search-engine-optimized press room by 39 topics you choose; 2. By news releases pushed out 10 ways including Google News; 3. Be found in the 2020 printed Yearbook of Experts, Authorities & Spokespersons. Save 15% when you register by October 31st @ http://www.ExpertClick.com/Discount.

APF'S FUTURES FESTIVAL IN 3 DAYS: ONLINE OCTOBER 24TH: FULL SPECTRUM FUTURES
The Association of Professional Futurists proudly presents its annual online learning experiences on Full Spectrum Futures. Network with leading futurists from all over the world. And best of all, it's free to attend, though contributions are encouraged to help defray costs. For more information, visit here.

OUR VERSATILE TRANSLATOR ROCKS!
Excellent translation services from English, French, or German into Spanish. Especially well-versed in medicine/pharma and automobile industries. 5-year Bachelor Degree in Translation. Also editing and proofreading of all kinds of Spanish language documents. Flexible rates, depending on number of words, degree of difficulty/technicality, and turnaround. For an instant quote email Mariana Campora Lesti at marianalesti515@gmail.com or contact her on SKYPE at marianacampora.

To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_10-21-2020.html.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert.

Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home About Products Resources Media ]

 

7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3548
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com


  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.