Human Capital, often referred to as "employees" are a significant part of all organizations today. In the near future Human Capital will be the MOST essential asset for an organization to attract and retain.
As more and more manufacturing moves away from Ontario it will accelerate our local markets to emerge from the "Industrial Age" into the "Knowledge Economy." As this transition happens companies will become conscious a large amount of their company value resides in the heads of their employees instead of in the tangible assets of the company. This realization was made very clear in a Business Week article that showed the valuation of Microsoft was superior to GM + Ford + Boeing + Lockheed-Martin + Deere + Caterpillar + USX + Weyerhauser + Union Pacific + Kodak + Sears + Marriott + Safeway + Kellogg. Yet, the only value at Microsoft resides in the heads of its employees!
The best talent isn't currently looking for a new opportunity. They are diligently working with their heads down for other market leaders.
Scouting will be the only way organizations will be able to access this talent.
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