The focus of this article is the impending talent shortage that will hit western economies in just a couple of years. It cites "retirements, a widening skills gap driven by declining educational standards, and outdated and ineffective approaches to talent management." Added to this should be as well the emergence of a young and talented work force in India, east Asia and China. And to this the declining capacity of the western economies to purchase or lure talent from overseas. Now I am nowhere near retirement, which means this advice resonates for me: "talent-savvy organizations build strategies around what matters most to their critical talent -- their personal growth or development, their need to be deployed in positions and assignments that engage their interests and curiosities, and their connection to others in ways that drive performance for the company as a whole." Learning is just part of the equation. Personal empowerment - that's the other part.
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