The attraction and retention of staff
McKinsey first coined the phrase the "War for Talent" describing the phenomena of converging mega-trends which resulted in organisations for the first time having to be proactive in attracting and retaining the best people.
The first of these mega-trends considered the demographics of the population in the Western world which sees an ageing population, and in many instances evidence that the retiring work force was outnumbering those entering. This trend is predicted to continue throughout the next decade.
