When it comes to planning the future of the business, most organizations tend to focus on the defining the goal and objectives to be attained within a specific tome period. In fact, only a handful of companies spare a thought about preparing the business to overcome the potential leadership challenges that they might face in the near future. Such oversight in leadership hiring and planning often puts organizations in a fix situation. Given below are some useful tips that can help business organizations to overcome the prospective leadership challenges for a more secure future.
Invest In A Succession Plan Most organizations invest a considerable time and money in hiring the best professionals for current leadership positions. However, they fail to pay much attention towards assessing the long term strategic leadership needs of the organization. Investing in a good succession plan helps in minimizing the talent gaps between the existing capabilities and the future needs of the organization. This in turn helps the organizations to develop potential candidates internally as well as tapping talent externally and avoiding any catastrophic leadership issues in the future. Provide The Right Exposure To Senior Managers The constantly changing business environment of the modern times has created a huge demand for professionals with a wide range of cultural exposure and international experience. Given that the trend is likely to continue into the foreseeable future, it is important for business organizations to ensure that their potential leadership candidates receive the right kind of exposure. The companies need to work in close co-ordination with their partners across the globe to help their senior managers develop these critical abilities across different regions and cultures. Establish A Digital Work Culture Despite the extensive digitization of businesses across the globe, many organizations in India have still not adapted this culture. However, such organizations can no longer afford to put off the implementation of a digital work culture within their companies. Any further delays in this respect can not only adversely affect their engagement with the customers but will also hinder the development of competent leaders for tomorrow having the right digital expertise. This can be ensured by educating the senior managers about the language and skills essential for such transformation. Even though implementing an enterprise-wide digital transformation is not something that can be accomplished overnight, the companies need to fast track the process. Creating such a work culture is also essential to build a diverse, multi-generational workforce that shares a common organizational vision. Create A Compelling Brand Image According to the leading executive search firms in India, business organizations looking to avoid any leadership challenges in the future need to work towards creating a compelling brand image. This can play a critical role in attracting the most successful and professional candidates for potential leadership roles. In addition, it will also motivate the existing members of the workforce and make them competitive enough to fill the talent gaps within the organization internally. Most importantly, by building a compelling brand image, business organizations can inspire greater efficiency and loyalty within its current workforce. This is because most professionals prefer to be associated with a great brand even at a moderate position.
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As it is, most companies today find it extremely difficult to attract top talent. However, what is even more challenging is their ability to retain such candidates within the organization for a significantly long time. Unfortunately, even though most companies claim to offer the best facilities and benefits to their top talent, they still end up losing them to competitors. The professionals from the top headhunting firms in India believe that the reason for this trend lie in the overall experience that the candidates have.
In fact, these professionals are of the opinion that the behaviour and attitude of the organizations right from the moment they approach the top talented candidates to the moment the candidates decide to quit can deeply influence their retention. Discussed below are the key reasons that might be leading organizations to lose their top talent. These reasons cover the various aspects of candidate experience, right from hiring top talent to them handing in their resignations. Presenting The Wrong Image As An Employer Brand Employer branding is emerging as an extremely important aspect of attracting the right talent. However, many times the organizations tend to overdo or even under-do things which might put off the candidates during the first phase of the recruitment process itself. Putting across the right image as an employer brand is extremely essential for taking the first steps in the right direction towards ensuring a great candidate experience. Making The Interview Sessions Disappointing Interviewing the candidates in the right manner is the key to making them feel more interested in working with their prospective employers for long. Whether it is a single interview or a series of such interactions with the candidates, the organizations need to make sure that the candidates end up feeling great rather than having a bad feeling about the entire thing. Messing up at the interviews is in fact one of the primary reasons that drives away talented candidates. That is why the companies offering leadership consulting services stress on using only the most professional and experienced interviewers for pulling in the best candidates. Lack Of A Proper On Boarding Program Ensuring a great on-boarding program for the talented candidates is essential for make them feel bound to the organization for long. Sadly most organizations consider investing in such a program to be a complete waste of time and resources. This often makes the new candidates feeling completely lost in a totally new work environment. Businesses need to understand that the work culture in every organization is different. Hence expecting even the most experienced candidates to immediately adjust to the culture of their new organization is the sure to put them off. Handling The Employee Exit Poorly Even though most organizations deem it impossible, there is still a minute chance of retaining the most talented employees after they have submitted their resignation. Sadly the top managers of most organizations tend to feel offended by their best employees quitting the job and make it an ego issue. Their inability to handle the exit in a graceful and judicious manner leads them to commit mistakes, which further deepen the gap between them and the talented candidates. One of the secrets of success of seasoned leaders as identified by executive search firms is their competence of establishing open lines of communication with their team members. The leaders are not only willing to resolve the queries and doubts but also to hear their ideas and opinions about various professional and organizational issues. The leaders make it a point to gain basic information about the personal life of every single member of their team and offer them advice and support when they are faced with challenges in this aspect.
There are business leaders, who upon approaching the retirement age are relieved of their responsibilities and given a warm send off. Then there are leaders, who despite their years of service and advanced age, are never allowed to leave the organization. Even though both these types of leaders tend to serve their organization with equal commitment and dedication, it is only the latter ones that are revered and respected as truly successful. In fact most business organizations hope to attract such professionals during their leadership hiring drive. This is because they believe that such leaders can take their organization ahead on the path of success. Unravelling The Secrets Behind The Success Of Seasoned Leaders In this context, the individuals, who are assigned the task of conducting the interview, share a major responsibility. According to the experts of executive search India, a successful interview is one that fosters a meaningful and productive conversation between the interviewer and the candidates. In order to conduct such an interview, the recruiters need to keep the following important factors in mind. It is important for the interviewers to be absolutely sure about what they expect from prospective candidates especially during leadership hiring. In addition, they should also have a clear idea about the amount of leverage they can provide the candidates and in which aspects. The best way to handle these factors is by having a proper checklist and score card handy during the interview process.
Features For Recruiters To Remember While Interviewing Candidates For Executive Positions Another popular trend that has emerged in the employment landscape within India is that of integrating technology into the recruitment process. From use of mobile recruitment technologies to conducting online interviews and even complete automation of the e candidate short listing process, technology has had a deep impact on the process of finding and hiring the most suitable candidates. Not only has this helped in simplifying the whole process but it has also helped in reducing the overall recruitment time, thus helping the businesses save valuable efforts and money.+
Getting Familiar With The Emerging Recruitment Trends In India The best way to overcome these challenges of leadership hiring, business organizations need to provide the right environment and opportunities to these professionals. Hiring professionals for leadership roles is quite different from hiring other executives for the organization. This is because good leaders form an integral part of the overall growth strategy of an organization. They should collect and analyze all relevant data and use it to develop the necessary metrics for effective assessment of the different stages of hiring process.Seeking the services of top headhunting firms in India is a preferred option to get the best candidates suited for such roles within growing business organizations.
READ FULL Articles Here :::: Effective Leadership Hiring Tips For Growing Business Organizations One of the key aspects of ensuring a secure future for the business is for the organizations to recruit good leaders to replace the existing ones at the right time. However, finding the right candidates with the appropriate leadership qualities is not quite easy. In fact, according to a research, there is a great shortage of candidates with good leadership traits. The task is further complicated by the various recruitment challenges that most organizations tend to struggle with. Discussed below are some of these major challenges that have deeply influenced leadership hiring across multiple business niches. Lack Of Intense Recruiting Competition : Over the past several years, a weak economy combined with easy availability of talent has made recruitment for various positions extremely simple. With the recruitment companies and HR managers having a wide choice of options to pick from, even for the leadership roles within the client organization, there has been a serious lack of intense competition. However, as the economy improves, the recruiters will have to put up a tough fight to attract and hire top leadership talent for their clients. As the focus shifts from the recruiters to the candidates, new hiring strategies will need to be developed and adapted to ensure the fulfillment of client needs in a satisfactory manner. A Significant Increase In Hiring Volume : With the expected increase in corporate growth, there is expected to be a significant rise in the hiring volume as well. The trend will further be fuelled by the leadership retention issues within the organization. As the job markets open up, the corporate turnover will also show a steep increase, with a large number of employees moving on to positions that are likely to offer them better job security. Since the leadership recruitment for the past several years has been operating on a low-volume mode, the high volume of open positions within the client organizations will present a major challenge to the recruiters. Low Employer Brand Image : During the phase of economic slowdown, even major business organizations were forced to take tough decisions that deeply impacted their employer brand. These included sudden layoffs, pay cuts and promotional freezes, which were easily accepted by the employees at the time. However, as the economy started improving, these organizations did not pay much attention towards rectifying the damaging consequences of these tough decisions on their employer brand image. According to the professionals from the top headhunting firms in India, this low employer brand image may actually prevent the potential leaders from applying or getting hired by the organizations even through external sources. An Outdated Recruitment Process : As mentioned before, the easy availability of talent has rendered the recruitment process extremely simple. In fact, a majority of recruiters have been using the same model of recruitment that they had developed years earlier. However, while this model might have proved successful during the era of economic recession, it needs to be updated to meet the challenges of an improving economy. New strategies need to be developed that focus on attracting innovators and candidates with strong leadership skills. Moreover these strategies need to focus on ensuring satisfaction of the candidate besides fulfilling organizational needs. Not Using The Right Recruitment Professionals : Finally, the biggest challenge faced by business organizations is that of using inefficient and un-resourceful recruitment professionals. This challenge can be overcome by hiring the renowned leadership and executive research firms that can offer the benefit of years of knowledge and expertise. These professionals can provide the recruiting organizations with reliable advice and guidance about overcoming the aforementioned challenges in the most effective manner. They also provide the advantage of access to a vast network of resource and a talent pool to easily attract the right candidates for the various job positions. A company is known by the people who run it. They are the key resources the company can ever have for it to reach new highs in its success path. These days the multinational companies try to find the best leadership team so that the steering of the management is in the right hands. Usually the leadership team is experienced and tenured from the same company and they scale up the ladder to reach to that level. But many times, there are a few things that cannot be ignored and you need to change the leadership team. It can also be so that the current leadership team decides to move on and you may need someone good to handle all the work. Where To Search For Leadership Hiring? You can always refer to the executive search firms in India. They are the best way to get good quality resources within the time frame that can be dependable. The list of candidates is huge with such executive search India. The list keeps on getting updated and elongated as and when the new entries are added. This is a ready reference for all the companies and the job role is the key to compare which candidate fits best for the profile. If you wish to get hired in the leadership role then you need to stay in touch with such executive search firms and grab any opportunity that comes your way. The company meets such firms and gives them their requirements. The firms start the search from their own database. In case if they find a right candidate for the role, they contact them and check if they are ready to take this opportunity. I all go well the job is finalized and the firm converts the led into a sure shot deal. But if they do not find a person from their list, they would wait for a good resource through the reference method. This is a great process and you can also refer your friend who deserves the job role and make them go up the success path. But the other side of the coin should also not be missed. If the person, who has grabbed the opportunity, does not fulfill the requirements and leaves the job, then the replacement should also be provided by these firms and with a set time frame. This is a challenge at times and one should do a complete background check before deploying a resource to the company or client. This background check is necessary for every candidate that is present in the list before they are sent for recommendations. It saves the time of the company and helps them find the right resources at one go. The background check would include the facts and history of the candidate such as their personal background and family details, their nature of work, past experiences, and code of conduct as well. All these make your background check simple and easy for you to be hired by a company. With these steps followed meticulously, any company can get the best people hired in the most organized manner. It is easy to find lower level employees but it is quite daunting to get the leaders on board. CEOs and chairmen of companies realise that leadership risk is as essential to the organisation as are the financial needs and other aspects that help to keep it running nicely. This is one reason leadership consulting has become so vital to many companies and why it is offered to companies looking to improve their overall achievements.
With the changing international situation, human resources planning is going through extreme changes. Only the best human resources consulting solutions carry on regular studies to ensure the best strategies for handling workers better. It is not necessary to have details about the available solutions but determining the specific necessary service is compulsory. These days most of the company’s eye is to apply human resources information system and for maintenance and update process for this program it is a wise decision to depend upon the HR Strategy consultants who offer to consult. To have an appropriate and standard policy guide it is indeed a wise decision to have the worker handbooks. The maintainable procedure for creating and also extensive settlement program also it is necessary to have appropriate human resources planning. Human source planning helps to recognise the staff goals better. In each action plan creation, the hr consulting services may help, they actually have plenty of layouts. An excellent innovator must figure out where he or she fits within the different character groups and modify the leadership design to better suit the characteristics of his or her associates. A leadership consultant will be able to help leadership in doing just that in an effort to increase the overall efficiency of the group. An excellent manager will be able to determine these work habits and help this person work out any problems that may occur as a result.A good leader will lead a company and benefit the employees as a whole. Imagine a company without a good management. It will sink eventually and therefore it is imperative that the leaders are given the best training even before they are hired by the companies. That’s done the best way by leadership skills enhancement agencies. Cornerstone is a name that can be trusted if you looking to get the best leaders for your company as they have tie ups with several CEOs, VP and Directors. This connection can help you get the person you were in search of. Cornerstone is affordable, quality-oriented and the best in the business. You will not regret hiring them for your need of a strong minded and sustainable leader. Get going and write Success! Retained Executive Search – The Key To Building A Strong Leadership Pipeline Within An Organization12/28/2016 The role played by leaders in ensuring the success of any business organization cannot be undermined. At the same time it is not easy for a business organization to have enough leaders in the pipeline to replace the outgoing one in a smooth and hassle free manner. It is with a view to overcome this problem that a number of organizations are seeking the services of retained executive search firms in India to ensure that they do not have to keep a leadership position vacant for long due to the unavailability of the right professionals to take up the associated roles and responsibilities. In fact, many experts believe that hiring the services of such search firms is the key to building a strong leadership pipeline within the organization itself. This concept can be better understood by considering the following benefits offered by a company offering the services of retained executive search. Help In Hiring The Right Talent : A professional search firms helps the client organization in hiring the right talent in terms of the quality of candidates. These firms focus on providing their clients with candidates who are looking for long term sustainability within the organization, are capable of handling different roles at different levels, and are flexible enough to adapt to the changes in the organization policies from time to time. These are the basic attributes identified in prospective candidates considered suitable for taking up leadership roles in the future. Help The Business Organization Mould The Candidates : The executive search firms also help the client organizations to develop a right perspective towards the prospective candidates so that they can be prepared to fit the leadership roles in future. The firms help the business organizations understand the core competencies of the candidate, besides helping them develop the leadership and decision making style preferred by them, as well as integrating the fundamental motivational sources of the candidates with the nature of their job. Provide Assessment Tools : Most professional retained executive and leadership consulting firms provide their client organizations with diverse assessment tools to help them analyze the competency of the candidates. These tools are designed in accordance with the business needs and processes of the client organization and help in highlighting the skills that the clients seek in their future leaders. The identification of the right candidates and their abilities helps the management to focus on developing the same in a streamlined manner. Better Planning Of Resources : Being aware of the core competencies of the work force makes it possible for the management to devise more effective ways of using the existing resources. This means that the management is able to not only identify potential leaders but also the employees who can take on the role of the support team to help the leaders carry out their responsibilities in an efficient manner. |
AuthorCornerstone India is a leading player in CXO Search, Board Search for Independent Directors and Leadership Advisory services. Archives
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