This is so interesting. I wonder how this could be measured though. For instance, in Nigeria you have thousands of students graduating with a law degree every year. Most of whom will not get jobs in the field of law due to the lack of jobs available. So if a multinational was to then poach one of the "better lawyers", wouldn't there be an argument that there are readily available replacements?
What I find hard to measure is the "talented" aspect of this. We know multinationals seek the most talented but it's hard to quantify. In the case of mergers, you can look at the market share of both companies then subsequently deem it's anticompetitive. In the case of talent, where there isn't a shortage, it's a lot harder to measure I think.
Brilliant article as usual Fola. Looking forward to future posts.
Thanks so much for the comment, Kamal, and for taking the time to read the article. I completely agree which is why I decided to focus on talent that is scarce (as opposed to where there is arguably surplus, like in entry level law jobs) and cannot easily be replaced by an organisation.
You make a very good point, though: measuring and quantifying "talent" is very difficult. I think I would have to write a much longer article (probably beyond the scope of Compedia) to explore that in detail. But for this purpose, I think it suffices to focus on a specific category of skillset or specialisation that is scarce and highly sought after within a country.
I appreciate the reply Fola. I completely agree to limit the scope on this. Definitely opens up competition conversations that many, including myself, had never thought of when it comes to talent acquisition. If you do ever write a longer post, send it my way please.
An insightful, thoughtful and informative read. A critical indictment of anti-competitive practices by tech giants in developing countries, of which the author argues convincingly on the need for competition authorities to intervene, in order to avoid what many scholars have termed as brain drain in this countries.
Looking forward to reading more on this topic as you develop more insights.
This is so interesting. I wonder how this could be measured though. For instance, in Nigeria you have thousands of students graduating with a law degree every year. Most of whom will not get jobs in the field of law due to the lack of jobs available. So if a multinational was to then poach one of the "better lawyers", wouldn't there be an argument that there are readily available replacements?
What I find hard to measure is the "talented" aspect of this. We know multinationals seek the most talented but it's hard to quantify. In the case of mergers, you can look at the market share of both companies then subsequently deem it's anticompetitive. In the case of talent, where there isn't a shortage, it's a lot harder to measure I think.
Brilliant article as usual Fola. Looking forward to future posts.
Thanks so much for the comment, Kamal, and for taking the time to read the article. I completely agree which is why I decided to focus on talent that is scarce (as opposed to where there is arguably surplus, like in entry level law jobs) and cannot easily be replaced by an organisation.
You make a very good point, though: measuring and quantifying "talent" is very difficult. I think I would have to write a much longer article (probably beyond the scope of Compedia) to explore that in detail. But for this purpose, I think it suffices to focus on a specific category of skillset or specialisation that is scarce and highly sought after within a country.
I appreciate the reply Fola. I completely agree to limit the scope on this. Definitely opens up competition conversations that many, including myself, had never thought of when it comes to talent acquisition. If you do ever write a longer post, send it my way please.
You're very welcome and thanks again for engaging with the post. I will definitely let you know if I write something else on this topic. Take care!
An insightful, thoughtful and informative read. A critical indictment of anti-competitive practices by tech giants in developing countries, of which the author argues convincingly on the need for competition authorities to intervene, in order to avoid what many scholars have termed as brain drain in this countries.
Looking forward to reading more on this topic as you develop more insights.
Cheers