Talent acquisition is a challenging task today. Simply posting an advertisement in hopes of finding a great candidate largely does not work. That’s because businesses Continue Reading
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Talent acquisition is a challenging task today. Simply posting an advertisement in hopes of finding a great candidate largely does not work. That’s because businesses face many more obstacles, particularly in certain industries.
Luckily, companies needn’t scramble to find talent to drive future growth. A revolutionary strategic approach can help them overcome these challenges.
Labour Shortages
While the pandemic caused many organisations to pull back on hiring, things are rapidly returning to normal. Technology is an integral part of business, personal, and governmental life and job gains are now outpacing losses, especially in certain roles.
The only problem is that the number of available workers doesn’t equal this need. Add to this is the fact that a large portion of the experienced workforce have reached retirement age. Consequently, the skills and knowledge gap is greater than ever. Organisations desperately need new ways to find appropriate talent quickly.
Rapid & Diverse Technological Advancements
Only a highly skilled workforce can manage the range and diversity of technological advancements. Without them, organisations face outdated systems, inefficient processes, and lost opportunities.
Moreover, the technological landscape can lead to mismatches between what organisations need and workers skills. This can be caused by anything from a poorly written job posting to ignorance of relevant emerging technologies.
Changing Workforce Preferences
A recent report found 83% of tech workers want the flexibility to work from home. They also want to feel more seen, valued, and engaged in their position.
Tech workers also want to choose positions that create a sense of purpose in their career. Learning new skills is also a high priority.
Fortunately, it is possible to connect with talented IT professionals to create collaborative, beneficial results for both parties. Many are open to new opportunities, particularly if it improves job satisfaction and your organisation is able to teach them new skills.
Measures to Counteract Current Labour Trends
Workforce shortages impact current and proactive measures. Governments, educational institutions, and private sector businesses can’t thrive unless they overcome current labour trends. Luckily, it is possible to do so through various measures.
Upskilling and Reskilling Initiatives
The World Economic Forum suggests today’s fastest growing roles are fueled by technology, digitalization, and sustainability. Consequently, 44% of jobs will be disrupted or disappear in the next five years.
As a result, organisations must act. The sheer speed, scope and impact of technological change mandates change now.
An often preferred route is upskilling ang reskilling current employees. This expands the capabilities of current employees to fulfill the needs of a rapidly changing tech environment. Often times, upskilling initiatives can be set up in partnership with other organisations.
Diversified Recruitment Channels
An obvious first step is for organisations to expand their reach when looking for new talent. Posting on a corporate website, online job boards, trade journals, or social media platforms may reach talent where they visit.
However, talented workers can also be found via employee referrals, hiring events, and by revisiting previous candidates. Some companies try an email campaign or look towards internal recruitment where possible too.
Skill Identification Program
The complexity of technology and the diversity of roles makes it difficult for organisations to figure out precisely what and who they need. As a result, mismatches often occur that lead to friction between organisations and workers and less than optimal results.
Luckily, this can be avoided by developing an effective skill identification program. This helps organisations align the right skills with specific roles so they can identify, develop, and maximize their workforce.
Overcome Talent Acquisition Challenges
EarlyBirds provides organizations with innovative solutions to identify and leverage skills and overcome workforce shortage challenges.
Using advanced technology platforms, data analytics, and AI-driven solutions, the open innovation ecosystem taps into new talent pools, including remote workers, gig economy participants, and individuals with transferable skills.
EarlyBirds also offers other pathways to help organisations address additional challenges. They all provide the following benefits:
- Increased productivity
- Improved operational efficiency
- Enhanced competitiveness
- Connections to the best Subject Matter Experts and innovators available
- Simplified process
EarlyBirds Skill Identification Program
The skill identification program offers potential solutions to organisation to find and retain the best in the current talent pool. The program is overseen by veterans in the industry with a high level of credibility and expertise that benefits all parties.
The program provides actionable data-driven recommendations fuelled by cutting-edge technologies, such as artificial intelligence, machine learning, and predictive analytics.
By doing a deep dive into the necessary skill sets, organisations can find those with technical and managerial expertise to take them to the next level.
EarlyBirds Innovation Ecosystem
Our award-winning Innovation Ecosystem earned us the title of Global Open Innovation Platform of the Year 2023 and 2024. It allows both innovation and strategic thinking in all areas of a business, whatever the technical or business challenge or potential opportunity your organisation wants to explore.
We unite Innovators, Early Adopters and Subject Matter Experts (SMEs) to fuel rapid innovative adoption and business evolution. Early Adopters are leaders eager to identify new and disruptive technologies. They want to seize opportunities, solve business challenges, or create new products and services.
Our Ecosystem has a data pool of over 5.0 million global innovations across many industries with solutions that may already address your organisation’s challenges. Alternatively, organisations can list their challenges and request solutions from innovators.
EarlyBirds Ecosystem Maps
EarlyBirds’ offers Ecosystem Maps to help organizations address pressing issues. Each contains startups, scaleups, and mature companies involved in specific themes and sub-themes so organisations can plot a path towards innovation. The maps also track numerous daily and historical news and media articles from across the world.
EarlyBirds Explorer Program
The Explorer Program is tailored towards those who need innovation as a service to supplement existing innovation programs, or to conduct innovation projects when required. It is designed to speed up the process of technological innovation for the organisation as a service.
The Explorer program includes several features including quarterly and monthly innovation days; regular webinars to help stimulate innovation in the organisation; a focus on types of innovations; a platform enterprise license; and a nominated SME for the business.
EarlyBirds Challenger Program
The Challenger Program focuses on a single organisational or technical challenge. It looks for the most relevant innovators that meet your organisational, technical, and risk requirements.
The program is run by an EarlyBirds Subject Matter Expert who identifies your key issues. The SME then searches the data pool to identify and curate options for further evaluation. The most suitable option is chosen and the SME drafts a roadmap of next steps, POC, trial, or implementation.
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Is your organisation feeling the effects of the labour shortage? Do you need to plot a strategic path towards talent acquisition? Do you want an address a pressing or ongoing issue?
To leverage EarlyBirds’ skill identification program, please visit https://earlybirds.io/. Those unsure of which option is best suited to their needs can schedule a consultation. We use an individualized approach to ensure you find the best possible solutions.
Our experience extends to the Food Industry, Retail, Healthcare, Operations & Maintenance, Manufacturing, Finance & Insurance, Energy, Education, Cybersecurity, Sovereign Nations, the Public Sector, and many other areas.
Individuals, startups, and researchers interested in collaborating as innovators can also sign up at https://earlybirds.io/en/innovator.
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