As the death toll continues to rise in the aftermath of Tuesday's events, the business community is reflecting on the loss of lives and the void of intellectual capital that was obtained by those who worked in the financial districts' World Trade Center.
Christian & Timbers, a professional services practice in Cleveland, is responsible for the recruitment and placement of executives in Fortune 500 companies. Several of their 1,500 clients, such as those working for Akamai, were located in the World Trade Center and have not been accounted for, says Adam Kohn, managing director of professional services for Christian & Timbers.
"The intellectual capital loss is certainly a void in the market and we see it more within investment banking community," says Kohn.
"The mindshare, I think, is going to be a significant impact on the market over a period of time when we see where the talent voids really are," he says.
The World Trade Center was the hub where many of the country's investment bankers, accountants and analysts conducted transactions every day.
"It took long enough for those people to figure out what they wanted to do in life and in one fail swoop, they were gone, along with every bit of intellectual knowledge they obtained," says Scott Liberto, an account manager for Alternative Technology, a distributor of computer hardware and software products based in Denver. "It's time to evaluate what we have and understand that the loss is much deeper than we could ever realize."