Dotcoms put experience above risks


first_imgA third of dotcoms were forced to cut staff over the past year, according toresearch by PricewaterhouseCoopers. The study also reveals that a quarter of dotcom chief executives now rateexperience as the most important quality for staff. The 2001 PwC findings contrast sharply with last year’s, which revealed thateight out of 10 dotcom CEOs thought the race for talent was their mostimportant challenge. Kevin Delaney, a partner at PwC Human Resource Consulting, said dotcoms arein danger of losing the spirit of adventure and dynamism which was responsiblefor their initial success. “We are witnessing a growing bunker mentality that has led to a driveto recruit more experienced managers. This focus on survival placesprofitability and the bottom line above creativity and risk-taking,” hesaid. Delaney advises HR professionals in dotcoms to ensure their companies do notlose the excitement and energy that attracted talented people to them. He also recommends HR departments find the balance between experience andthe willingness to work in new ways among the people they recruit and that theyidentify those employees who have the ability to take the company forward. Over 400 dotcom managers were surveyed for the report. Related posts:No related photos. Dotcoms put experience above risksOn 7 Aug 2001 in Personnel Today Previous Article Next Article Comments are closed. last_img read more