Tuesday, May 01, 2007

Techies ...Tell me something good

Deloitte survey finds North American tech CEOs taking their search overseas to solve domestic talent shortage

Chaka Kahn made it popular long before it was playing on the corporate strings:

Tell me something good...tell me that you love me

However, it appears that today's ever-hot technology talent, is still failing to respond to the statement in a way that puts Technology CEO's at ease.

In short, while the CEO's do what they can to attract the best, keeping them is a completely different story.

According to a Deloitte survey released today, attracting and retaining top talent has become the leading operational challenge for North American technology CEOs.

As a result, the respondents of this year's Technology Fast 500 CEO Survey-Deloitte's annual survey of Technology Fast 500 company leaders-are taking their talent searches overseas (read the full press release HERE).

Almost two thirds (64 percent) of CEOs felt it was important to look overseas for the top talent they need to grow their businesses-even though 67 percent indicate their country's education system is successful in producing qualified talent.

However, the majority of CEOs are concerned that government restrictions on employment visas will prevent them from obtaining the overseas talent they need to successfully grow.

"Given today's race for top talent, it is not surprising that North American tech CEOs find it more difficult to attract, develop, and retain talent than to achieve profitability,"
explains John Ruffolo, National Leader of Deloitte's Technology, Media, and Telecommunications (TMT) Group.

"It is only the companies that win the hearts and minds of their people that will ensure their growth in both the short and long term. As a result, CEOs are engaging people like never before."
So, HR Manager...Front-line Manager...Technology CEO....I've just got one question:

What are you doing to win the hearts and minds of your people?