War for Talent
The War for Talent is a phrase indicating the increasing competitiveness to attract and retain the best candidates. While the term was coined in 1997 in a study published by McKinsey, its use in recent years has accelerated. While the War for Talent is not a war in the literal sense, it conceptually indicates the need for better "weaponry" to compete on the battlefield for talent. As a result, companies need to dramatically improve their processes and tooling in order to continuously compete for candidates in today's environment.