Hottest Challenges Faced by Entrepreneurs Today
(1) Finding Talents – Selecting Wisely and Keeping Permanently
Talent – a vital word which can always be found here and there when corporations and business owners come to talk about innovation, new ideas and development. They need talent in its best form. They search for it all around the globe to meet the challenges that threaten to crumble their business. This commodity is rare and putting your choice on the right person is not easy but if you make your recruiting plan right from the time of recruiting till they get employed at your company, you can find with the best brains in town for your company. Here are some tips to keep in mind:
Advertising Smartly
The first thing you display for hiring talents is your job ad! This field is critical in your recruitment process. First thing to be careful about is the way you describe the job needs. What should a candidate be perfect at? Say it in a better human manner like make a voice ad, or write in an innovative style to attract candidates with smarter brains who respond to calls that touch to their sense of proficiency and innovation. At the same time your recruiting agenda should serve your organization also. The candidates take the first impression about your company from the way you offer the job to them; language, job description, offers, flexibility, human touch and above all the field of ‘requirements’. Give the best reflection of your organization and confirm getting the
Talent is a recurring pattern of thought, feeling or behaviour that can be applied productively.
2) Do we need to make changes in the job description, which was used earlier for the job?
Once the analysis and job description for a job is complete, the next step would be to identify recruiting method to use in selecting candidates. Since recruiting is the first stage in the hiring process, it is important to attract qualified people who have the skills and experience the job demands. To do this, I will suggest that recruitment be done through job fairs and advertising.
3) Can you think of unique skills that could make a job candidate more attractive to a hiring agency? – Yes, I think being able to present yourself in a way that is professional yet personable is a quality most employers are looking for. Other skills could include honesty, integrity, adaptability, problem–solving, self–confidence, and loyalty. Possessing most of these qualities would classify an individual as having a unique skill
Most companies worry about the disturbing effects of a bad hire such as cost and time versus identifying someone who is great. Unfortunately, many human resource professionals overlook distinct skills that these top performers have and what the company actually needs. Some of the examples of how narrow recruiting process excluded talented prospects like author JK Rowling as she was turned-out by four publishers this is one example how organizations need to open up their minds and seek distinguish talent. Organizations need to change their culture, become bolder and take risks. A more detail approach is not applicable for every organization. It really depends on the type of organization that your recruiting process needs an in-depth procedure. If you a hiring a general labor you wouldn’t use this approach but you would use it for a surgeon or a schools president. The main conclusions in this podcast is that companies need to think beyond the negative outcome and think about what can go right. Finding exceptional talent will still be a challenge but those that do take that challenge will have even better outcome and
The issue with many companies today is that their organizations put tremendous effort into attracting employees to their company. The process of attracting and retaining profitable employees, as it is increasingly more competitive between firms and of strategic importance, has come to be known as the war for talent.
It is essential for every organisation to understand the recruitment trends as by attracting the best talent, organisations will have an advantage over their competitors. When talent planning, organisations should promote a career opportunity, not a job opportunity as this gives a whole new outlook to any potential employee.
When recruiting, it takes a lot of energy to find the best fit for talent. Sometime the best talent could take time to find. When recruiting, there are five criteria that I use when finding the best talent from the talent pool:
WORK ENVIRONMENT: a workplace where you can enjoy the challenges, co-workers, and atmosphere is very attracting for talent. They want to feel the company they work for as a second home, trusting on it and feeling the need to commit themselves fully in all job activities. An organization that
People are at the heart of every company, be it a large corporation with thousands of employees worldwide or a small, family-owned business that just opened its doors. People pioneer ideas, solve problems, and take care of the customer. As such, it comes as no surprise that one of the biggest challenges for every company is finding and recruiting top talent. With a new generation entering the workforce, employers are forced to be more creative in their recruiting methods in order to meet the different priorities and expectations of the new generation.
Companies should also identify early on the talented individuals who can be developed for advancement.
Talent acquisition is defined as the “strategic approach to identifying, attracting and onboarding top talent to efficiently and effectively meet dynamic business needs” (Erickson, 2012). Talent acquisition has the unique role of ensuring job applicants not only have the right credentials for the job, but also have the right mentality for the job. In other words, the person who ultimately will be offered the job needs to ‘fit’ within the firm’s structure and culture.
HR managers will be faced with the challenges of recruiting and retaining the right employees for their organization. The first step would be identifying your organizational culture and the cultural and skill competencies required for success. This will give the recruiters the guidelines by which to assess viable candidates. In developing these objectives for creating an effective recruitment process, we will have to have in place a process that differentiates us from other companies. This strategy for success will provide candidates with sufficient and correct information about job expectations. The following will be address as part of the strategy:
initiative is to attract outside capital, given the lack of collateral and sufficient cash flows and the
Once you have outlined the positions you will need to fill then you will need a targeted recruiting plan which includes identifying responsibilities, knowledge, skills, core competencies and cultural fit for your ideal employee. Use creative recruiting sources to target that individual including social media as an outlet to find top talent. An interview process that allows you the company and the candidate to learn as much about each other is important to making sure it is a good fit.