Sustainable growth is more than just innovative products. It also goes beyond brand recognition. Competent workers are what make organizations ready to change. Top talents understand their industry best. They are proactive and eager to improve on what they do, what they produce for the organization. That makes a lot of business sense and makes way for growth and expansion.
Getting the Right People
Getting the right people can be lot of work. It means a sound analysis of human resource needs. It also demands good sourcing processes which covers the “where” and the “how” of recruitment. However with the ongoing competition to get top caliber talents the need to get the right people fast is necessary. Quality of hires can only be assured by casting the recruitment net wide and then refining the screening stages to make sure that only the best of the best are hired. One of the best sources of applicants today is online job boards and social media networks. Hiring people online is quite new and organizations are only starting to maximize this to their advantage. Some companies resort to using technology to automate online hiring processes thus lowering hiring costs and increasing hiring speed and efficiency at the same time.
Retaining top employees does not only lower costs it also sustains organizational growth. Since people are “capital” keeping them and developing them consistently serves the bottom line of the organization. The longer top talents stay the more they contribute to the operation of the business. They learn more from their daily functions, have all the chance to improve and innovate in their jobs and mature with the people they work with. This builds strong teams that perform best all the time. Retention programs are directed at lowering turnover. With lesser people moving in and out the organization there is focus and sustained effort to reach organizational goals. There is no time wasted in transitions – replacing and retraining people.
Good People get Better with Time
Good people get better with time because they are more eager to learn and hone their skills. They fit perfectly to the organization making them an eager participant of training and development programs. Because these individuals get better, the teams they belong to also become more effective adding more value to what they do for the organization.
Talent Management is the Key
Talent management makes sure that each hire performs and contribute best to the organization. Talent management does not stop in improving hiring processes instead it goes on and develop all HR functions to help good hires be the best that they can be inside the organization. This can give them higher level of professional fulfillment at the same time enable the organization to retain them longer, sustaining the growth of the organization. There are a number of applicant hiring systems that can be used to ensure that talent management is executed flawlessly from the moment a talent is sourced up to the time he is hired and retained.