With Terry Semel’s resignation from Yahoo! on Monday, will Yahoo! be able become more competitive with Google?
Jerry Yang, incoming CEO, has said that “motivating, developing and attracting talent” will be a priority.
This is exactly what the accounting industry is facing right now. The need for top talent and the retention of that talent. This is a problem more industries are facing now that the Baby Boomers are retiring and the Next Gen’ers, who are looking to the Google model of effective life/work balance, are filling their shoes.
Will Yahoo! be able to jump in and compete with Google for talent? Time will tell, but unless all of our industries, not just technology and accounting, take a step back and look at the bigger picture and address this issue, we will all be trailing the Googles of the world.