Places that succeed in attracting and retaining creative class people prosper; those that fail don't.
Capital will always go where it’s welcome and stay where it’s well treated. Capital is not just money. It’s also talent and ideas. They, too, will go where they’re welcome and stay where they are well treated.
Firms gain comparative advantage from how good their people are. Retaining and attracting talent is a key point of competitive advantage in the global economy. We are seeing that play out, and there are implications for Australia, too. The idea that companies now compete on who can pay their workers the lowest - that's all changing.
Really in technology, it's about the people, getting the best people, retaining them, nurturing a creative environment and helping to find a way to innovate.
You never want to be in a place where an employee has vested 3 out of the 4 years of stock and they start thinking about leaving.
Every company I know is looking for more women at the table. Every board is looking for more women at the table. There's a reason why men want to understand the challenges women face, address them, because then they're going to be better hirers, attracters and retainers of women.
I admire artists who are ageing and still retaining their edge.
An enterprise that is constantly exploring new horizons is likely to have a competitive advantage in attracting and retaining talent.
The Bay Area definitely knows the pain of competing for, and retaining, top talent. Offering interesting perks has become a necessity, not a nice-to-have.
The challenge CEOs will face three to five years from now is the same one that they face today. That is engagement. It's hard to keep people engaged in what they are doing. As this generation grows up around social media like Twitter where things are 140 characters, how do you keep them engaged all hours every day at work? How do you keep them focused on the big goals you have?
Dennis Johnson, Danny Ainge, Bill Walton, Quinn Buckner, Scott Wedman. Even if you get talent like that, it's hard to keep talent like that together.
