In the late 1990s, Steven Hankin of McKinsey provoked a lot of discussion when he coined the phrase “the war for talent.” As the phrase became more popular (and was elaborated in a book), others used it to warn corporations of impending talent shortfalls, advocating that it be considered a strategic business challenge that required attention at the highest levels. With the dot-com burst, the recession, and other upheavals, the imperative took a backseat, but the challenge still remains.
The original thesis of the war for talent was predicated on significant demographic shifts, like aging populations in the West.
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To read the original article: Competing for Talent in Every Geography - Raghu Krishnamoorthy - Harvard Business Review
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