Wow. This guy MH talks a good talk. Perhaps the reason MH has trouble finding talented people is because the laid them off, after cutting pay benefits and bonus during good earnings and a good economy. Why, other than the obvious, is he having trouble?
Lets look at what he defines as "talented people"
https://www.linkedin.com/pulse/how-artificial-intelligence-can-help-employers-overcome-mark-hurd/?published=t
Of all the challenges I face as a CEO, none is more critical than attracting and retaining talented people. The biggest obstacle isn’t organizational or economic—it’s demographic: Declining birth rates are starting to deplete the global labor pool.
This problem is particularly acute in Japan, China, South Korea, and most of Western Europe, which have “sub-replacement” birth rates—that is, the number of children born is below the level needed to sustain population and ultimately employment levels. It’s also becoming a major concern in the United States, especially as the country’s declining high-school graduation rate and soaring college costs narrow the supply of highly skilled, highly technical people.
Oh.. by "talented people" MH means high school and college kids with no experience, but have an education and basic technical foundation. So good old MH is having trouble attracting and retaining college kids. He is leaning on AI to help him find out which ones will stay at Oracle ore than a year.
I'm sure its a bummer when he hires and trains a College kid to be a sales consultant only to lose that trained SC with experience because he jumps ship and doubles his salary somewhere else as soon as he can.
Seems that MH could retain them better by paying them something... anything near the industry average. Oh... but wait everyone working at Oracle has not had a raise in over a decade, and by definition (especially after cuts) is below the industry average already...
His problem is people are not having enough babies, that means no new crops of gullible cheap employees he can take advantage of.
So hiring super cheap is the way to go, below average is still too costly... After his "neato" AI based recruiting post he made on linkedin, he was sure to tweet about it.
https://twitter.com/MarkVHurd/status/1024098986670448640
What a great guy. Maybe he could start recruiting high school students from McDonalds. All he needs is to take the guy who asks "would you like Fries with that?" put him through training and have him ask "would you like Oracle cloud with that?" That would solve all the sales problems dealing with cloud.
Where did LE find such a genius to run his company?