Closing Leadership Positions in the Digital Space - Challenges and Way Forward
BENGALURU, India, July 31, 2018 /PRNewswire/ --
Study enables recruiters, hiring managers and business leaders to understand effective leadership hiring strategies in the digital space
Han Digital, a company focusing on talent pool analysis, hiring trends, attrition studies and compensation and benefits trends, announced today its latest report on leadership hiring in the digital space, a study that will help leaders understand the talent availability for various digital skills and use the insights in hiring decisions.
Leadership hiring is an abstract process, subject to uncertainties and chances. The stages in the process are: Identifying the universe of all candidates who will fit the job description - Attract eligible candidates to apply - Have a hiring infrastructure which is able to evaluate all eligible candidates using a robust selection and assessment process and finally - do all of these in a reasonable span of time. While this may sound simple, most companies falter in one or more stages of this process.
Recently a leading technology firm was looking to expand its Digital practice to newer markets. They chose Han Digital to help identify a senior executive to help drive their new initiatives.
The Challenge: When we came on-board, we realized that our client had already met a couple of leadership candidates, but was unable to close due to internal differences of opinions. Their internal talent acquisition team did not have the experience to hire someone of this level of seniority. Moreover, the candidates whom they met were not adequately engaged and kept informed of the progress. Soon, they lost interest and dropped out.
The Solution: Based on our recent experiences, we suggested a time-bound, consultant-driven approach to help them hire the suitable candidate. For an effective approach, we listed down the essential steps with our client leadership team.
Step 1: Han Digital's talent team mapped suitable candidates based on the client expectations. The long list contained eleven suitable names.
Step 2: Once the list was ready, a document that essentially spoke to prospective candidates was prepared. It spoke about the prospective client and its business, the Digital practice and recent updates.
Step 3: As a part of this document, we explained why the client was looking for someone to fill a strategic role. The roles and responsibilities that the position offered and the profile of the ideal candidate were listed out.
Step 4: Based on initial discussions by our senior consultants with the candidates, seven evinced interest to pursue discussions further.
Step 5: Later Han Digital directors held personal interviews with the seven candidates. Post these detailed assessments and evaluations, three candidates were submitted to the client for further process.
The Result: Our client met all three candidates and hired one. The entire process was completed in less than forty-five days. The candidate joined the client organization in the same quarter.
From this approach, we realize that business leaders appreciate a data-driven approach to hiring. Not all leadership candidates are actively looking out for a job. Hence the communication has to be targeted and effective. Though challenging it was, we were able to meet all of the client's expectations including time, cost and quality.
About Han Digital :
Han Digital is a specialized HR consulting firm which brings together talent availability expertise, best practice talent analysis and highly efficient talent insights to provide hiring decisions with high speed and scalability. Its Talent Insights are fully flexible and delivers information tailored to leaders' demands. Han Digital was founded in 2003 by Saravanan (Saran) Balasundaram with the passion for providing fact-based decisions, scientific methods and the art of hiring. Han Digital was recently voted 'Most Preferred Partner of the Year' by one of the largest technology companies in the world.
Contacts at Han Digital:
General information:
Leela
leela@handigital.com
+91-80-6134-1500
Talent Insights:
Saran
saran@handigital.com
+91-80-6134-1500
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