Companies adapt to compete in ‘war for talent’

CNET’s Dan Farber had a great blog post last week featuring JP Rangaswami. In this post, Rangaswami argues that the corporate world is experiencing a ‘war for talent.’ He explains that with companies out to attract the best talent, employers shouldn’t offer larger salaries or better fringe benefits, but rather, should be open to partnering with competitors to foster new ideas.

So what will this change mean for the workforce? It means there will be a different side to the corporate environment. Employers will need to be pro-active and build relationships and network themselves. Employers, customers, suppliers, and even, to some extent, competitors, will be able to play off of each other to recruit and retain the best talent.

So as the best and most talented prospects around, you should do the same thing. Connect with others in the industry and form networks that will open you to new avenues and contacts. It never hurts to know too many people in the business world.

Posted by Roseanne D.