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Talent development for SMEs is tremendously challenging, as the majority of SMEs do not have the capacity to develop top talent. As an SME, if you do have the time to identify, develop and nurture talent to full potential, your company is on the right growth path.
Whether you do have or lack the capacity to foster talent, importing talent is a requirement for companies of all sizes. Winning the war for talent is particularly important for SMEs, as just one wrong hire can have immense consequences.
When hiring in your fast growing company, it is a time to step out of your comfort zone. While hiring through personal networks is an acceptable place to start, the chances are small you will be referred unknown top talent. A more exhaustive search is required. This search should include job ad and database searches online, such as the free database search on Laimoon.com. Even going so far as to engage recruiters on a contingency basis can pay dividends when seeking top talent.
Once you have started the recruitment process and have potential candidates to interview, it is important to keep in mind these 3 tips.
You need a compelling value proposition – What is the unique selling point that sets your company above all the others? Top talent is motivated beyond a paycheck and need to understand the value being created by your company is truly helping people.
You need to tell them why their position matters to the company & why they should want to work for you – Be bold. Explain to potential candidates how you will be relying on their experience to drive your business in new directions. Make sure they understand exactly why someone would want to work for you
You need to be hiring ‘Do-ers’ – What are Do-ers? A do-er is a future manager or director that can draw from experience to bring ‘big wins’ for the company. Do-ers are people thrive on going out and doing the hard work required of them, while one day developing into potential leaders.
As a focused business owner, one day you will be lucky enough to have talent development programs within your organization. Until then, hiring top talent who can one day turn into your future leaders is a great method for success. Keep one eye to the future and one eye to accomplishing today’s task and you will set the stage for strong talent development in your organization.