Toby Dayton has an eye-opening post over at his Diggings blog regarding the shortage of talent in the marketplace today. From his post:
According to a recent poll in Human Resource Executive, when HR executives were asked whether or not the war for talent was under way today, 22% responded No while 17% were not sure.
I didn’t see that poll but it is amazing to me that these HR executives could be so clueless. This analysis from Toby cuts right to the heart of the issue:
The single most important function of HR is to make sure that their company has a constant supply of sufficient human capital to compete in the marketplace. That means retaining talent, developing talent, and attracting talent at all times. To do this successfully, one would absolutely have to be aware of what is happening on a macro level to help guide strategic thinking and weigh appropriate tactical decision-making.
For many companies, it is simply a better strategic option to outsource the hiring process.