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The Mismanagement of TalentEmployability and Jobs in the Knowledge Economy$
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Phillip Brown, Anthony Hesketh, and Sarah Williams

Print publication date: 2004

Print ISBN-13: 9780199269532

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780199269532.001.0001

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The War for Talent

The War for Talent

(p.65) 4 The War for Talent
The Mismanagement of Talent

Phillip Brown

Anthony Hesketh

Sara Williams

Oxford University Press

In line with the advent of the knowledge economy, global economic competition, and organizational change, and despite the need to cut labour costs and the relaxed labour market, companies still sought to attract, develop, and retain truly talented individuals. In this war for talent (WfT), it is important to consider the competition for managerial jobs and careers since this is based on how companies understand the nature and distribution of potential employees. WfT presents a view of economic competition and corporate efficiency by showing that human resources add to the competitive advantage of a firm. This chapter looks into how organizations respond to the WfT discourse by presenting quotations from authors, company literature, and employer interviews about business strategies, the demand for managerial talent, and other recruitment matters.

Keywords:   war for talent, managerial jobs, market individualism, labour market, competitive advantage

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