Hiring for the Recovery: Top Talent Seen Scarce Even in Current Market

Companies must begin to think strategically about recruiting the right people who can lead them out of the downturn, argues executive search firm Heidrick & Struggles

San Francisco — November 3, 2009 — As companies attempt to position themselves strategically to emerge from the recession, they may be surprised to find a scarcity of available top talent, according to a new report from executive search firm Heidrick & Struggles.

"A pervasive myth of the current recession is that top talent are a dime a dozen," says Kelly O. Kay, global managing partner of the Software Practice at the firm and author of the whitepaper "Time to Make Up for Lost Ground in Talent."