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INTRODUCTION: What’s Causing the Global Talent Crunch?

We live in a moment in history when change is so speeded up that we begin to see the present only when it is already disappearing.

-R. D. Laing

Experts are beginning to say the same thing: Where is the talent? Numerous reports have clearly documented the growing talent crunch in the United States and many other countries.

Through economic ups and downs for companies of all sizes, talent availability has remained a major issue. In April 2006 the National Federation of Independent Business reported that 31 percent of its members had one or more unfilled positions for which they could not find qualified applicants. In November 2008 as a world economic crisis dominated media headlines, 100 ...

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