The below article was written by William O'Donnell, director of graduate programs, Butler University College of Business.

The 2009 "State of Our Business" survey contained interesting information on how CEOs view Indiana's economy in the midst of the current recession.  Particularly noteworthy was the viewpoint that there is an oversupply of qualified workers out there, waiting to be called back to work when the economy improves.  In addition, when asked to rate their level of concern with several issues related to their organization and its workforce, the executives showed a general decline in concern from a year ago.  One can see the logic behind these opinions.

We continue to read daily of plant closings, layoffs and the continued rise in unemployment.  Logic would tell us that there must be a pretty good stockpile of talented people out there and that when the economy turns around, they will be there for the choosing.  But are they the right people?

Read the entire article.