Does an organization define itself as a technology laggard when opting to quickly bridge the skills gap? Perhaps a longer view is necessary to position an organization as a technology leader. This is the subject of this short interview with Boston University economist and author, James Bessen. Organizations are mistakingly using talent retention strategies and above market-value compensation practices as a skills shortage stop gap instead of taking a more holistic approach which emphasizes on-the-job training, skills certification, and cultivating strategic talent pipelines.
Organizations need to be more fluid in their decision making and in their process in order to compete in the fast-moving marketplace. Collaboration and disruption have long been touted as harbingers of innovation and agility but can the pendulum ...Read more