talent acquisition

How to Solve the People Problem: Talent Acquisition

By Dr. Sterling Carter

As the owner or manager of a business, one of the most critical tasks on your plate is talent. To build any large business, you need help from a motivated, skilled group of people. Working together, this team can surprise and delight customers, brainstorm exciting products and services, and give back to the community. However, talent acquisition is much easier said than done. 

It’s one thing to say you want to employ the best talent. It is quite another thing to make it happen. Finding the best talent is an ongoing process. You have to constantly be on the lookout for individuals who can take your organization to the next level. 

All of this is especially true if you are having ongoing issues with your current employees. While it may be difficult, you need to embrace change in order to solve your people problem.

But how do you do this?

Below, we have provided several strategies that can help you upgrade your talent. This certainly isn’t a complete list, but it includes several critical tactics that can make this process much easier.

Tips on Upgrading Your Talent

To start, a great way to upgrade your talent is to focus on improving your company culture. This is a critical task. Yes, this may not immediately solve your people problem. But by focusing on this task now, you will increase the odds of finding talented, driven people that suit your business’s style.

As you likely know, company culture is essentially the personality of a company. It often comprises things like your work environment as well as the company’s mission, goals, values, and ethics. Simply put, if you are unclear about your company culture, you are likely going to hire people that don’t fit in. You will have a less motivated workforce and, likely, more turnover. 

Therefore, spend some time to think about your company culture. Write down some of your core values and principles. Once you have done that, search for new talent that would fit in well with your corporate culture. By doing this, you will decrease the odds of hiring a “bad apple” that disrupts your organization.

Beyond fixating on your culture, you will want to have a presence where the best talent resides. This will vary depending on your industry. For instance, if you work in the tech industry, some of the best talent can be found on Stack Overflow, GitHub, or Twitter. In other industries, it may be job fairs or on college campuses. Simply put, develop a presence where this rockstar talent resides. Once you are there, engage in organic conversations with them. Avoid being too salesy and try to build personal relationships. By doing this, you will increase your odds of actually hiring that individual.

Finally, don’t be afraid to fire fast. This can sometimes be scary—especially if your best talent is causing problems. However, the best solution in some circumstances may be to quickly eliminate a troublesome employee. Even if you aren’t exactly sure how you will replace the employee, you may be saving yourself from even more headaches by firing fast. Granted, every situation is different. But don’t be afraid to quickly pull the trigger—even if it results in short-term pain. 

The Power of Human Capital

While owners and managers are always looking for the best talent, this task may be even more pressing if there are problems within the organization. Taking some time to follow the steps above—while contemplating additional strategies as necessary—will help you turn the tide and upgrade your talent. 

Yes, the change may not be instantaneous. Patience will be required. However, by taking action today, you will be in a much better position to hire high-caliber people at your organization.

X

Be The Most Informed Entrepreneur In The Room

Susbcribe to the Morning Report

Fill out your information below and start receiving the Morning Report in your inbox by tomorrow.

  • This field is for validation purposes and should be left unchanged.