The first book my dog Duffy ever ate was How the Irish Saved
Civilization. As a teething six-month old
puppy, he made short order of the chairs' legs in the
dining room and decided to get literary in his tastes. I
had bought the book only days before solely
because of the title. I loved it!
The thought that my
ancestors may have had a hand in saving all
of
civilization was too good for me to resist. Finally,
after years of equating the Irish with leprechauns,
pots o' gold and rampant alcoholism, here was
something positive and compelling.
I was reminded of this the other day while
reading yet another news story of the still blooming
Irish economy, the "Celtic Tiger." Ireland's
unemployment is still the lowest in Europe, there is a
positive net gain in population over the past twenty
years, and the Irish people have adapted to
technology with light-year speed.
So, what happened in this culture to bring smiles to
so many Irish eyes? In a word, they were
COMPETITIVE!
I don't mean to simplify what was obviously a
confluence of many economic and cultural
factors. But, in a nutshell, here are three important
elements:
- They were early adopters to the EU
(1973) and took advantage of the many
programs which brought additional
incentives (in the form of Euros) for joining that
nascent organization.
- They were aggressive about offering tax
breaks to companies willing to expand into
Ireland and use it as an entry point into the European
market.
- They had an educated workforce which
spoke English, further compelling foreign (mostly US)
companies to locate facilities there.
You Can Compete
the Irish Way Too
Competitiveness is critical if you are trying to attract
top talent to your company. Right now, there is not
only a shortage of qualified sales and marketing
candidates for companies, but the good
candidates who are working may be reticent to
leave their current employers because of an
uncertain economy. What can you do to woo top
talent? Use your competitive edge!
For example,
- Is your company competitive in its products
and in its industry? Are you a leader or a
follower? If your R&D budget is where it should be,
sell your candidate on your product innovations.
Good sales and marketing people want to sell and
market the latest technologies. Are you a leader or a
"me too" company?
- Are you competitive internally? Do you
offer your employees an opportunity to shine their
talents and move up in the organization? Good
employees will always be looking for an opportunity
to improve their skills. And, if you don't offer further
advancement, they'll look for it somewhere else.
- Is your benefits package competitive?
You can't talk about innovating out in the market and
have a benefits package that looks like 1962. There's
just a "disconnect" there. Make your benefits package
state of the art.
- And, finally, are you competitive in your own
back yard? We still have an economy that has
roughly 5% unemployment. In some states, like
Massachusetts, it's even less than that. Remember,
your competition is anyone who is hiring
— the
company down the street, in the next town, or down
the hall. Everyone is looking for top talent to grow
their business; you are competing with all of
them.
So, get out there and do what the Irish did. Be an
early adopter to change, use your smarts and take
advantage of every opportunity!
By the way, Duffy went on to "digest" Midnight in
the Garden of Good and Evil and a two-volume
set on the life of John Adams (which he particularly
enjoyed because of the tasty binding).