Assessment of the situation to devise a game plan for things to come to fruition.

By Craig W. Ross 

Leaders often find themselves in a "war for talent." They are tasked with acquiring talent, developing their staff and retaining the talent they already have. But, when it comes to retaining and developing talent, perhaps it is important to assess where you have been spending most of your time. Take the following hypothetical situation, which may sound all too familiar:

     In the new knowledge economy, the intangibles of connectivity, expertise and relationships can be just as valuable as tangible assets. In such an economy, forward looking CEOs should consider strategic partnerships, which create those intangible asssets, as a great tool for creating sustainable, competitive advantages.
     However, it has to be the right strategic partnership, and there’s both a method and an art to finding the right partner. I’ll outline four areas that I think are helpful in finding the right partner for your enterprise:
• A defined business goal

Congrats on your child’s recent graduation. You were probably fortunate enough to hear a great commencement speaker at a college graduation. Robert De Niro, Maya Rudolph, Jon Bon Jovi, the Obama’s, and Flo from the Progressive Insurance Commercials were all commencement speakers this graduation season. They probably told their young audiences that opportunities were limitless, the world was your oyster, and to follow your passion. But did they tell them how?

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