6 Ways to Beat the Tech Talent Squeeze in 2023 ?? Issue #9

One of the iconic changemakers, Steve Jobs, once said: “Great things in business are never done by one person. They’re done by a team of people”.

Today, C-level executives, directors, and managers must understand that digital acceleration is the key to long-term success. But whatever it is they set out to do, they need a strong team.?

Meanwhile, lack of capable talent, high recruiting costs, and skill deficits present a constant struggle for decision-makers. What’s more, experts predict that the talent squeeze in certain areas will only become more severe over time.

The good news is,?there are things you can do?to get what you need.?

How to beat the tech talent shortage in 2023?

Today’s answer is delivered by Katarzyna Roj , Head of Talent Acquisition at Netguru

While hiring and retaining top talent certainly remains difficult, it’s by no means impossible if you’re willing to rethink your approach. Here are the six areas I think matter the most right now.

1. Shine a spotlight on internal talent

The crazy way that businesses scaled during times of market stability made people overlook a critical component: internal talent.

So, as you prepare your strategy for the upcoming years, don’t just think about business goals or KPIs – factor in employee growth and shift your focus from acquisition to retention.

Upskill internal talent, introduce an internal mobility marketplace, and let people try new things or follow new career paths while nurturing company culture and employee growth more generally.

2. Choose leaders carefully and train them well

New research from McKinsey ?cites uncaring and uninspiring leaders as one of the top five reasons why people left their jobs in the last two years. No surprise, right?

When cash is expensive, you need to focus on all the other ways you can attract and retain talent.

Good leaders understand how to approach projects that are harder to staff, they’re able to bring the team together around a clear mission and make it fun, as well as help people find purpose in their tasks.

3. Create a top-notch digital environment

Whether you offer your employees remote working options or not, nobody wants to struggle with internal tooling.

Cutting-edge solutions are now a necessity, so tackle your technical debt, automate mundane tasks and simple processes, and give your people user-friendly platforms that make it easier to collaborate and move tasks forward.

If you’re unsure which tooling to go for, ask your people what they’d like, and see if you can accommodate their needs.

4. Go remote and maximize the diversity of your talent pools

I’m still amazed by how some leaders struggle with trust in remote work.

With top talent in short supply, I’d say it’s vital to expand your horizons and look for talent in new locations – either by opening offices in new places or enabling remote working in the locations you currently have.?

Yes, it comes with some challenges, such as legislation that hasn’t yet caught up with the modern job market, but the payoff is entirely worth it.

?5. Consider introducing an internal project marketplace

This topic has become popular in recent years. What’s this new trend all about?

On the one hand, smart digital platforms help managers match unique skill sets and expertise with specific projects. On the other hand, the very same tools enable professionals to find the most fulfilling projects.

Both the organization and employees benefit from more efficient talent management, improved growth path planning, and greater transparency across the organization.

6. Become more flexible

Strive to get to know your people and candidates as well as you possibly can. Stay close to them, respond to signals, and offer an environment genuinely built around employee or candidate experience, not one that pays lip service to it.

Striking the perfect match between candidate and employee needs is beneficial to everyone, but it doesn’t happen by accident.

By adopting an employee-centric strategy that nurtures internal talent, promotes great leaders, and makes smart use of cutting-edge technology, you’ll be perfectly positioned to win the global battle for tech talent in the year ahead.

Did you enjoy the read? Subscribe to get immediate access and stay up-to-date with digital innovation: https://hubs.ly/Q01nGlxQ0