Intelligent CXO Issue 14 - Page 72

FINAL WORD it ’ s clear that the skills shortage is having a huge impact on the technology sector . Many businesses have already responded to this crisis by increasing their recruitment spend and focusing on bringing in new talent . only perform at the highest level if you showed up at the office every day . But today , companies are looking outside the office , outside the city – even outside the country , tapping into the global talent pool to find the right person for the job .
Nick Adams , Vice President of Sales , EMEA , Globalization Partners
However , attempting to ‘ buy ’ skills , rather than build them , can be an extremely challenging and costly approach . For this reason , organisations must invest in comprehensive training and development programmes for their workforce to complement their hiring strategies . This will allow them to upskill the staff they already have to fill skills gaps , as well as improve staff satisfaction and talent retention .
Employers should prioritise training programmes that work for the modern workplace , with hybrid , blended learning . Bite-sized learning that can be completed anywhere will be more easily integrated into the workday . The best training providers will offer personalised learning , allowing individual styles to be taken into account . Taking the time to identify the most important skills both across the business and in individual job roles will allow businesses to choose engaging and tailored learning paths that will ensure every employee is learning the skills that are paramount for success in their role . Ultimately , it comes down to creating a culture of constant learning where staff members can acquire and develop new skills in their natural flow of work .
Nick Adams , Vice President of Sales , EMEA , Globalization Partners
The pandemic triggered a massive remote work experiment , which has subsequently caused a paradigm shift in the nature of work . Prepandemic companies blindly accepted the notion that location incubates talent and that you could
This new working landscape benefits both the employer and the employee – companies can access the best talent and candidates have access to great jobs , which in turn elevates local economies around the world .
In practical terms , leaders now understand that the talent pool doesn ’ t just exist within 50 miles of their office building , it ’ s about getting vital roles filled even when those best qualified for roles simply aren ’ t available in a commutable radius . This issue is compounded by widespread and growing skills shortages that have forced employers to adopt a global recruitment perspective .
This is a major problem . Recent research revealed that 77 % of recruitment professionals cited skills shortages as a top hiring challenge . Talent shortages in their home countries have prompted some companies to look further afield for the talent they need .
In contrast , those organisations that are focusing on building remote , global teams can expect to see a number of important advantages . For instance , remote working helps build efficiency , while the global perspectives of a diverse team can increase overall business performance . Workers on diverse teams are happier and more engaged , and the employer benefits as a result . According to Globalization Partners ’ 2020 Global Employee Survey , employees at diverse companies were three times more likely to report feeling happy at work .
Having global team members in-country is critical for any company that hopes to successfully scale at an international level . Local perspectives provide invaluable insights into each target market . Local hires speak the language , understand the norms and customs and make partners and customers more comfortable .
For employers prepared to invest in building these remote , diverse team cultures , the result is a win-win : they get to address their talent and recruitment challenges , minimise the impact of skill shortages and build stronger , more effective teams . Employees seek out employers and roles that embrace flexibility as part of modern workplace culture and in doing so find more engaging and fulfilling work . x
72 www . intelligentcxo . com