Spring 2008 issue of Horizons

GENERAL TOPICS Got Talent? (cont.)

the current economic conditions, demographics and regulatory environment, organizations will need to consider alternative strategies to remain successful. We hope the above ideas give you a fresh perspective on this challenge as well as new insights on how to overcome it.

7. Create a leadership development program. Identify your top performers and develop their talent and leadership skills. This investment will not only serve to invest in the future, but also retain this group for longer periods of time. Top management must be actively involved in such a program. Get participants involved in all aspects of the business through special projects and job shadowing opportunities. Involve them in real business problems, not just case studies. 8. Don’t settle for second best. Although it may be tempting to settle for “B” players in a tight labor market, it will damage your organization in the long run. Don’t be too stringent on the specific qualifications and experience you desire; rather, look for candidates with overall intelligence, a desire to learn and energy. You can teach these candidates what they need to learn.

Questions? Contact:

Fred Kostecki, CPA Partner-in-Charge Assurance Services Group 314-290-3398 fred.kostecki@rubinbrown.com

or

Steve Newstead, CPA, FLMI Partner-in-Charge Internal Audit Services Group 314-290-3325 steve.newstead@rubinbrown.com

We are in the midst of a war for finance and accounting talent that will only become more competitive. Given

11 u spring 2008 issue