The talent shortage: is there truth to it, or is it just a myth? Frequently we hear about a supposed talent shortage that makes it harder for companies to find suitable senior and mid-level managers as well as employees. However, as you can read in this Fortune article, there are always ways of finding talented people to fill vacant positions-or of finding ways to innovate so that those positions become unnecessary. Here we will share with you some tips about how to combat talent shortage.
How to Get Around a Talent Shortage
One of the most apparent ways of overcoming a talent shortage in your company is to look for talent abroad. It goes without saying that broadening your search field to include the global community opens you up to a significantly higher number of talented individuals than looking locally or nationally does.
What’s more, having managers and employees with international experience – something that automatically comes with employees from abroad – increases the efficiency and success of your team – and by extension your company.
Of course, as appealing as this option is, it is not always available due to immigrations laws. If this is the case, you may not have the large pool of the international community to choose from, but there are still ways to find suitable personnel to overcome any talent shortage you may be experiencing.
Innovation: How to Get More Out of Less
Another way to ensure you have the talent you need is to put the talent you already have to use. Work with your team to find innovative ways to increase efficiency in the workplace.
This could involve figuring out ways to streamline work processes or identifying tasks that more than one person are currently doing when one person would be sufficient. With talented individuals on your team using their creativity and experience, you will see just how much talent you already have and that in fact you do not actually have a talent shortage at all.
This is particularly beneficial to smaller or start-up companies who may not have the resources needed to hire new talent from abroad.
Don’t Wait for Talent to Come to You
If innovation doesn’t get you where you need to go, remember that you can still seek out talent individuals who may not currently be looking for a job but who nevertheless would be open to working for you under the right conditions.
This Experteer video gives you more in-depth information regarding why it is important to actively seek out new managers and employees who may simply be waiting for the right opportunity to come their way before they leave their current position.
If you are actively looking for new employees and managers, you need to ensure that the position you offer and you company are appealing to candidates.
Redesigning your marketing campaigns, for example, can increase the visibility of your company or product, which in turn can put you on a candidate’s radar before you’ve ever reached out to them.
Working to have a positive image is of course essential if you want to sell your product or services; but a positive image is equally important when it comes to dealing with a talent shortage and finding people to help make your company even better and more successful.
No matter what industry your company does business in, regardless of whether the economy is booming or slowing, innovative companies can always attract top talent.
By promoting innovation, expanding your pool of candidates to include international talent, and actively contacting top candidates regardless of their current job situation, you can rest assured that any talent shortage others may feel will have no effect on your company.
