Saturday, October 4, 2008

Skill, Supply And Demand

We talk about ability and skill development in the context of continuous improvement in this column. Let's put skill into the context of supply and demand. To improve your earnings you should apply your abilities in areas with high demand and seek to differentiate yourself in such a way that few others can compete with what you offer (minimize supply). The resulting equation would look like this: Ability multiplied by Demand, divided by Supply equal Earnings.

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About the Author

Urban Gavelin a native Swede with more than twenty five years of business experience. He has held positions as director of sales- marketing- and business development on Nordic, European and World Wide levels. Urban has lived and worked in Stockholm, London and New York, now works primarily with leadership development and sales training and is a credentialed coach. He has studied Executive Management at Lausanne Business School and Stockholm School of Economics.

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