This recent article on msnbc underscores the paradox in modern corporations: the need to gather talent, despite the odds. McKinsey polled firms on how easy it was to conduct talent searches, and despite the nuber of online resources, it hasn’t gotten easier to constantly recruit people.
As Jack Welch liked to put it, he’s always on the lookout for good talent, and hence, he recommends, always see yourself in an interview. People tend to rely on their own circles for opportunity, and employers resemble the employed in this regard: when an employer meets somebody they really like, it’s an opportunity. As a CEO now, I understand this.
In other news, one reads of students fearing the perceived crisis in the economy, minimizing job growth. Apparently, jobs in public service and in human interest like Teach for America, are experiencing huge growth. Despite suspicion that this is just a product of intensified email recruiting, evidence elsewhere coroborates this trend: students are graduating, and looking for work that they feel in their heart. Apparently, over the past twenty years, high-paying jobs suffer lower employment rates, whereas low-paying employment in public service have increased. This includes a rise in employment in the Arts. As a former resident of Los Angeles, one realizes how the Art economy definitely has opportunities, albeit poor-paying ones. I myself was a production assistant on a music video before cementing my commitment to technology and the Internet.
I personally remember the downturn of the early 1990s: I graduated from college in 1995, when opportunity was beginning to rise, and the underpinnings of the tech boom were starting to show some signs. But in the winter of 1992, 3, and 4, our generation felt quite obscure. I remember writing in my journal how our opportunities were going to be truncated, and to choose a path that came from the heart. I was quite wrong, and the number of opportunities in Internet exploded within three years. Small firms competed to participate in offering useful products that contributed to the blossom of telecommunications.
That was then, and this is now. Already, students should read the writing on the wall, and get interested in the greening of the economy. This time, the indicators that green technologies will proliferate, and they should get busy studying how to participate. Photovoltaic cells, natural gas, clean tech legislation, and business models built on green-collar work will dominate the future horizon. Anyone within the reach of this blog should take note: the economy is an ecosystem, and anything related to practical applications and environment will have a stake in the new booms. Even though recent legislation is somewhat discouraging, necessity is the mother of invention, and despite the claims that offshore drilling will help lower gas prices, those gas price declines aren’t expected until 2030. So the likelihood that alternative power will proliferate is guaranteed. (Did you know that the majority of state legislatures that push for tax subsidies for alternative energy projects are Republican, whereas their federal counterparts tend to push more for traditional oil and gas exploration subsidies.)
The key for young people, when orienting themselves to succeed in the broader economy of the future, is to look at what we need right now, and are not getting.
- lack of information security
- lack of software engineering
- lack of lawyers (surprising, but true)
- lack of science, tech, math
- lack of non-profit management talent
- lack of accounting
- lack of accounting for non-profit management (joke)
- lack of environmental design
- lack of asian language speakers (Arabic, too)
- lack of knowledge in latin-american countries
- lack of knowledge about India
- lack of knowledge about Kazhakstan, Armenia
- lack of knowledge about Russia
- lack of knowledge about French economics
There’s something for everybody in this list (Excluding arts majors, who never lack for ideas, but probably need to do lots of documentaries, which are hot right now). For young people looking for directions, there’s plenty of need for them to absorb disciplines that keep their host country on top of their global position!