Jack Welch spent his entire career at GE. Like my dad, who will retire next year after a 45 year stint at the Tata Institute of Fundamental Research.
That kind of career graph is pretty much extinct. Most young people are going to go through several jobs in their lifetime - for the right and the wrong reasons. The way I look at it...
There are two ways to grow the talent pool in your company: coach it or poach it. You achieve the first by hiring bright young men and women who earnestly seek a challenging career with your company.
The second involves cutting short the careers of bright young (and not-so-young) men and women in the neighbouring company, by offering a greater challenge at your own.
You can read the rest of my recent column on job-hopping for rediff.com here.