To be successful in cyberspace, an organization needs effective e-strategies. These plans depend not only on how well decision-makers understand the new technology, but also whether they can develop the vision required to take their business forward. But these competencies, especially at board level, are rare, say the experts. In fact, demand for these skills is currently far outstripping the supply. The people who can make that happen are highly valuable and highly paid.
New recruits come at a premium.
In fact, they can fetch packages worth in excess of a million dollars. For example, we were recently looking for a CEO for an online property-leasing company. That meant finding someone with both property-leasing experience as well as internet knowledge. It's not just the cost of hiring that has e-enterprises worried. As the challenge to find suitably qualified talent intensifies, many U.S. and European companies are being forced to scour the entire potential recruitment market.