Brewed Fresh Daily
Anotated links from a Cleveland area obsessive coffee drinker, avid quotation collector, voracious internet content consumer, amatuer social network analyzer, and armchair economic developer. Recently referred to as a "web activist".2/25/2003
Don't Believe the Hype
"Most places experiencing brain drain see it as a problem impacting their economic development potential. Most believe they need to do more to improve their local environment to retain and attract people with knowledge and skills. In many ways, this is true. At the same time, we need to be sensitive to our existing talent and ensure that we offer them the same opportunities as we offer newcomers. I believe in the final analysis, the answer to this problem rests in helping everyone advance themselves and renew their knowledge and skills on a regular basis. One bit of advice: Avoid potential bidding wars that cause us to overpay for talent of any type. That is a major problem in economic development today. Don't replicate this problem in the high-talent labor market. Do we really want to emulate the salary strategies found in professional sports or Hollywood today?
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