DT #641 The War for Talent Is Over—Now What? A Global Perspective with Patsy Van Hove

In this episode of Develop This!, we go global with Patsy Van Hove of IBM Consulting and Plant Location International to unpack the evolving world of site selection and economic development. From shifting workforce dynamics to the growing importance of international collaboration, Patsy shares why talent—not geography—is now the driving force behind location decisions. You'll hear how communities can stay competitive in a world where companies are chasing skills, not just sites—and why building strong talent ecosystems is no longer optional. Whether you're working in a rural community or a global metro, this conversation will challenge how you think about workforce, incentives, and your role in the global economy. Key Takeaways The "war for talent" has fundamentally shifted power toward workers Talent availability now outweighs traditional site selection factors International collaboration is essential for long-term competitiveness Hybrid and remote work are reshaping location strategies Talent-focused incentives are becoming a key differentiator Economic developers must act as ecosystem builders, not just dealmakers Key Topics Covered Global talent trends and the race for skills The evolving role of site selection professionals Building talent ecosystems through government, industry, and academia The impact of remote and hybrid work on corporate decisions Immigration policy and workforce mobility Designing incentives that prioritize talent development Memorable Sound Bites "The war for talent is over—and talent has won." "We're in a race for skills." "Talent, talent, talent—it's the first, second, and third factor."