Ask any hiring manager and they will all
tell you the same thing. Hiring the right people for your organization is now
more important than ever. The widening gap in skills have been an ongoing issue
for the last several years and with concerns regarding the level of education
and a drop in efficiencies in Math, Accounting and Science -the competition is fiercer
Clearly, if businesses are to remain
competitive, they need talented people. But they also need the right skills and
there is growing evidence of a shift in talent wherein certain skills are
becoming old or useless.
Bottom line is, if your organization
doesn’t rethink its approach to recruiting and managing talent, it will forever
lose its competitive edge in the race for growth.
According to a report by Ernst & Young, "Time and again, research
has shown that organizations are not identifying or investing enough in the
critical talent they need to drive their businesses forward”
Business is increasingly becoming about
managing a team of champions, as opposed to the champion team.
Today’s marketplace is more and more
complex and companies need to build up talent on multiple fronts. It is
therefore vitally important for talent management professionals to stay on top
of the trends that can affect their company’s success.
Changes in team dynamics
team dynamic of 30 years ago - which many Baby Boomer remember well- isn't
the same as today. A key reason for this is because it's become increasingly
uncommon for people to spend their careers at one, two or even three
organisations. The new
generation of workers is more diverse, mobile, and digitally connected and
is motivated by flexibility, development opportunities, and empowerment.
Organizations will have to take a more individualized approach as they compete
to fill the talent gap.
Shift in thinking around hiring talent
Progressive thinking companies already realize that
with the rapid pace of change hiring
for today’s skills means workforces could become quickly obsolete. 2014
will see a focus on not just hiring for the job at hand, but preparing for what
is needed next. This will require assessing future needs and scrutinizing
company’s current talent inventory to identify ‘hidden talent’.
Company image and branding key to talent
People are using mobile devices to maximize every
moment of their lives, cramming in more content and more consumption. This connectivity
allows them to openly discuss products, services, and also work experiences.
Talented employees are no longer restricted by traditional borders. For many
there is an opportunity to decide not just for whom to work but where to work.
This places a renewed focus on branding and the importance to manage your
company image in order to attract future talent.
The truth is that today’s war for talent is
rapidly changing. Bigger pay packages and elite backgrounds no longer offer a
clear path to success. Business leaders who implement the best talent
management and recruitment process are more prepared than their competitors to
compete in the global economy and capitalize quickly on new opportunities. If
you require assistance in this, we can help.
Communicate Recruitment is a specialist
recruitment agency, with the very best recruiters. We specialise in the
sourcing of top candidates in the Finance, IT, Engineering, Supply Chain and Freight
industries, both for permanent and contracting placements throughout South
Africa, and the African continent.