Researchers from Stripe surveyed "thousands of C-level executives and developers across five different countries" and found that companies finding hiring qualified developers harder than anything else -- even raising cash ("Access to developers is a bigger constraint than access to capital").
This is why the Google rebellions over military drone projects and complicity in Chinese censorship matter: Google has long enjoyed a competitive edge over its rivals, thanks to its infamous "Don't be evil" motto; while the company often falls short of this lofty goal, every time it does, it loses some of the talent that it has managed to tempt away from rivals with a promise of an ethical workplace.
It's why organized tech workers show so much promise in reforming the worst evils of Big Tech; they represent one of the last groups of skilled workers for whom demand vastly outstrips supply. When they make ethical demands, their employers have to pay attention. Those employers may not always give in, but when they don't, it hits them where they hurt.
Senior executives report that the lack of quality developer talent is one of the biggest
potential threats to their businesses. In fact, they now worry about access to skilled
developers more than they worry about access to capital, immigration concerns, and
other challenges. Despite the number of developers increasing year-over-year at most
companies, the best developers working on the right things can accelerate a
company’s move into new markets or product areas and help companies differentiate
themselves at disproportionate rates. This underscores the most important point
about developers as force-multipliers: It’s not how many devs companies have; it’s
how they’re being leveraged.
The Developer Coefficient [Stripe]
Brooks Brothers is the latest casualty of the Covid pandemic, filing for bankruptcy protection in New York today. The upscale clothiers, one of the last to make garments in the U.S., has been in business for 200 years. The closely held company, which is owned by Italian businessman Claudio Del Vecchio, filed for bankruptcy protection […]
I’m looking forward to interviewing Yuko Kaifu, president of JAPAN HOUSE Los Angeles, for a live streaming event on July 17 about virtual meetings and how the rest of the world can learn from Japanese-style business culture. It’s free and open to all, but you need to reserve a seat online in advance. Join us […]
On Thursday, Tesla denied media reports that it fired employees who chose to stay at home during the coronavirus pandemic, rather than expose themselves to possible infection at Elon Musk’s California factory.
It’s almost shocking to say…but there’s actually an incredible amount of manhood wrapped up in how well you cook a steak. Of course, no one would argue your grilling abilities are THAT important. Or that how well you sear a prime slab of beef should have any bearing on your social standing or feeling of […]
The notion of two people sleeping in the same bed always inspires romantic visions of love and intimacy. However, most quickly realize that the romance of sleeping together is often quickly replaced by the realities of the act. One partner snores. The other talks in their sleep. One grinds their teeth. The other hogs the […]
Add Internet of Things to the shortlist of those actually benefiting from the effects of the COVID-19 pandemic. You might not realize it, but the organizing principle that is bringing more automation to the world is actually proving to be a major asset as human beings are forced to stay home and away from the […]