Why this company was not able to attract talent?

A family-run business was about to shut shop.

To arrest the decline, they decided to hire a new MD.

He happened to be a close friend.

After joining he immediately started implementing his plan of turning around.

He wanted to make few new hires.

HR was asked to place a job advert – many job seekers applied.

But then HR did something strange.

He didn’t shortlist those that went through the stress of applying.

Instead, he brought forward the profiles which came thru referrals of the owners & staff.

Apparently, this had been the policy of the company.

Job adverts were formalities.

Hiring was traditionally done thru referrals.

My friend immediately stopped it – he knew great talents get overlooked with this model.

He ensured an equal chance for every applicant.

The new hires were all from the pool of candidates.

Few of them performed way better than expected.

Apart from hiring process, he took few more drastic steps to bring company on track.

Life would be fair if everyone gets equal opportunity but unfortunately, that’s not the case.

👉 My experience is:

There are always takers for the right talent in the market.

BUT…

Companies who don’t evolve their talent management systems suffer more in the long run.

Agree?

#GallaVichaar

#hiringthebest #business

Published by: Zeeshan Sajid Amin

Zeeshan Sajid Amin is a Senior Media Professional with proven record of driving better revenues, productivity & profitability for the various companies he worked with. His key expertise Include (& go beyond) : Revenue generation, Ideation, Content, Partnerships & OTT. He has participated in launching major sales campaigns for several leading regional media houses/television channels, including ARY Digital, B4U Aflam, B4U Plus, NEO Cricket, Zee Aflam and Zee Film Hindi, contributing in recent years to multi-million $ revenue generation. Follow him on Linkedin: www.linkedin.com/in/zeeshansamin

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