Global Talent #4
Beyond the Resume: Why Resilience and Adaptability Matter More in Hiring Global Talent
The Power of the Underdog: Why Scrappers Make the Best Employees
Regina Hartley | TED | December 21, 2015
Regina Hartley's TED talk, delivered in 2015, continues to be remarkably relevant today, nearly a decade later—an eternity in internet years. Her message is particularly pertinent in the context of hiring global talent. Many talented individuals outside the United States may not have had the same opportunities to obtain prestigious credentials or certifications as their U.S. counterparts. By focusing on resilience and the potential of "scrappers" rather than solely on pedigree, companies can unlock a diverse range of skills and perspectives, which is crucial in today’s increasingly globalized workforce. Hartley's insights remind us that the qualities that drive success—resilience, determination, and adaptability—often transcend traditional markers of achievement.
How Algorithms Are Reinforcing Inequality in the Workspace and the End of Meritocracy
Hatim Rahman | Kellogg Insight | August 5, 2024
In what appears to be a concerning trend, algorithms are increasingly controlling high-skilled workers globally. In his new book, "Inside the Invisible Cage," Hatim Rahman argues professionals are trapped in an "invisible cage" of algorithmic control with companies using opaque algorithms to evaluate, reward, and punish them. These algorithms often lack transparency, leaving workers uncertain about the exact metrics used to rate them. This shift in control has significant implications for job opportunities and success. Previously, organizations categorized people based on group-level characteristics. Now, that is changing with algorithms categorizing individuals based on granular data, giving them more control over workers' opportunities.
Why Mission, Not Money, Motivates Employees
Dave Ramsey | EntreLeadership Summit | June 12, 2023
In this special EntreLeadership podcast edition, Ramsey Solutions CEO Dave Ramsey argues that small businesses can't typically compete with large corporations on benefits packages. They should instead focus on creating a strong and diverse company culture and mission that employees can connect with at a deeper, human level. Employee motivation comes from a sense of purpose and contribution to the company's mission, not just salary and benefits. Ramsey also discusses the emotional challenges founders face when transitioning leadership to the next generation. He advises starting the process early, acknowledging the emotional difficulty, and selecting successors based on competency and integrity.
US Companies Are Rapidly Embracing Reskilling to Drive Hiring Success
Amrita Ahuja | Staffing Industry Analysts | August 29, 2024
Despite budget constraints and difficulty finding new hires in the US, many companies are investing in training their existing employees for new roles or to enhance their current skills. This shift towards reskilling is driven by the belief that retraining is often more predictable and cost-effective than hiring externally. Popular reskilling methods include company-led training sessions, on-the-job training, third-party courses, and AI. These initiatives aim to bridge the skills gap and ensure that the workforce is equipped with the necessary talents for the future.
Recruiting Gen Z Requires Greater Investments in Employer Branding
LinkedIn Talent Solutions | March 7, 2024
LinkedIn’s “Future of Recruiting” playbook argues that attracting Gen Z presents unique challenges. 57% of recruiting pros believe significant investments in employer branding will be made in the coming year as Gen Z values companies that share their values and offer opportunities for professional development. Talent acquisition teams need to factor in the rise of AI, return-to-office mandates, economic uncertainty, and a competitive talent market reshaping the talent landscape. The report shows how TA leaders are using AI for sourcing candidates, personalizing outreach, and matching internal candidates with open positions. Skills-based hiring will become even more important as employers recognize the value of focusing on skills rather than degrees.