The business landscape is witnessing a radical shift due to the emergence of advanced technologies such as artificial intelligence, quantum computing, and blockchain. Thus, it has become crucial for businesses to maintain specialist (niche-skilled) resources for business continuity.
However, this is not as easy as it sounds due to the growing complexity of these technologies, the scarcity of niche-skilled resources, and the competitive market demand. Thus, firms should adopt effective strategies to recruit and retain these specialists to ensure smooth project progress and improve ROI.