I spent the last week in Silicon Valley talking with lots of companies, friends and colleagues about the topic of talent management, or more specifically, the workforce challenges in the valley.
Many friends attending the Web. 2.0 Expo this week, are hearing many of those same concerns and challenges from startup companies regarding a current a “talent crisis” in the Bay Area.
Two areas that were highlighted as key challenges…
- Finding engineering talent. Many startups are facing a challenge hiring talented engineers beyond the founding team. The reason being…those talented engineers can either go become a founder or live a happy life and make a nice handsome salary at Google. Many startup companies stated having 50% open requisitions and the inability to fill them in a timely (less than 90 days) fashion.
- Motivating employees. As one startup CEO suggested, his engineers only want to show up at work and write code all day in the corner. Many of his engineers are emotionally withdraw from the success or failure of the product. Engineers performance should not just be measured how fast they can write code!
Ironically, I attended my father’s retirement party this past weekend. We spent alot of time discussing workforce demographic challenges the many issues facing the baby boomer generation. Of course, I had to ask if he planned to re-enter the workforce or even consider working part-time in a consulting role. His response….”hell no”. Guess he needs to get his money worth with the golf cart.