Understanding The Problem Of Skill Shortage And The Best Ways To Overcome The Same

The term skill shortage has become extremely common in the recent years and has even become the most important topic of discussion within the recruitment industry. However, only a small percentage of people understand the true concept of skill shortage and its impact on hiring process within different business organizations. According to the experts from the top recruitment company Germany, skill shortage is not actually an issue of a decline in the number of suitably qualified professionals. Rather it needs to be viewed as the problem of constantly widening gap between specialists and skilled workers within a specific nice. Discussed below are some key reasons that have been deemed responsible for this ever widening gap and the best ways to resolve the same.

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Large Scale Migration Of Skilled Workers

Extensive globalization has opened up countless new avenues of employment for skilled professionals. This has resulted in mass migration of such professionals seeking better growth opportunities and the promise of a healthier lifestyle. The migrating workers leave a significant gap in the talent pools of their native countries and this, in turn, translates into a major skill shortage. In this  respect, companies from across the globe have much to learn from German business organizations, which have already taken the necessary steps to minimize migration of skilled workers by providing them the desired perks and benefits along with a great work-life balance within the country itself.

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A Considerable Generation Gap Between Old And New Workers

There is a huge gap between the older and younger generation of skilled professionals across the country. This is a matter of serious concern as soon the country is likely to reach a stage where it would no longer have any appropriately experienced professionals to replace the retiring leaders of the old cadre. Most of the professionals available at the time would have just started their careers and would be too inexperienced to take up senior leadership roles. In order to overcome this problem, the experts from the best executive search agency Germany advice their clients to hire overseas professionals with the right knowledge and experience for their middle management positions. In addition, they are also considering the fast tracking the training and development of younger professionals having leadership potential to prepare them for such roles in the near future.

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Lack Of Appropriate And Affordable Training Programs

Despite the rapid advances in technology, the cost of professional education and training has been on the rise. This prevents many candidates with the right attitude and the potential to gain the skills and the knowledge desired by business organizations for various executive roles. While the demand for such professionals continues to grow, only a small number of them are actually available since high education and training costs make it out of reach of a majority of candidates. In this context, it is important for business organizations to take the initiative of providing appropriate financial help and support to candidates having the competence to learn new skills. Such initiatives provide the organizations with a diverse talent pool of professionals, who are likely to remain committed and loyal to the company for a long time.

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Understanding The Problem Of Skill Shortage And The Best Ways To Overcome The Same

4 Rules You Can Use To Carry Out Executive Search In Germany

Successful businesses train leaders within their own organisation. But an even more successful organisation is the one that has the talent of identifying what qualities to look for when carrying out executive search in Germany. One great way to keep this search streamlined is going for the top executive search agency in Germany.

After they find you one of the most suitable potential candidates, it could still be confusing as to choose one out of that lot. Here is a list of four rules that can help you find the one leader you need :

Rule 1 : Intelligence Can Outweigh Industry Knowledge When Hiring A Leader

Intelligence has to be the most important criteria while picking the one out of the list of the potential candidates. A truly diverse mind, that knows how to improvise in a certain situation and turn the challenge into its advantage is what you need in your future executive. Assessing someone’s industry knowledge is extremely easy in an interview but judging someone on the basis of their intelligence could be a bit tricky.

For this, you can use the case method, wherein you provide your candidates’ difficult challenges in all fields, from politics to education to business to medicine. The approach that the candidate follows can help you decide amongst your options.

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Rule 2 : Look For A Solution-Focused Leader

As they say, intelligence is just not enough. A true leader should have that level of energy and passion that they bring to work each day. They should have the talent of getting things done by people by setting a benchmark for their team. It is also called leading by example. You can screen a person’s energy in the interview by asking questions like “what excites you most about your career plans,” “describe your biggest accomplishments” and “what are you hoping to learn at your next position.”

Rule 3 : Ability To Detail A Compelling Vision For Your Organisation

A true leader is the one who has a value system and holds a vision for himself as well as his organisation. In order to screen for vision, you can shortlist people who’ve exhibited vision in their professional lives. You can look for initiatives and risk-taking capabiltiy of the individuals by going through their previous work. Social media especially Linkedin has also become a great platform to judge the mindset of the candidates and see what all they are saying and what all is being said about them.

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Rule 4 : You Can Never Compromise On Integrity

Every organisation needs smart and energetic people with vision and who will likely go on to have real power in this world. But all of this can be for nothing if they lack the most ingredient to be a successful leader and that is their integrity.

Harvard Business School writes on their website about their hiring process wherein they pick the leaders that have great potential, “That’s why we look for students who exhibit the highest ethical standards and respect for others and can make positive contributions to the MBA Program. The right candidates must be eager to share their experiences, support their colleagues, and teach as well as learn from their peers.”

In order to screen for integrity, you can have a look at the candidate’s application and can check how a candidate has served the community throughout their lives. You can also ask an ethical problem that they faced and further ask them to detail a mistake they’ve made and how they handled the entire situation.

4 Rules You Can Use To Carry Out Executive Search In Germany

How A Top Executive Search Agency In Germany Is Using AI To Revolutionize Recruitment

The Recruitment world is changing with each passing minute. With new technologies over just the past few years the recruitment systems have become more efficient and automated. Some of the Top Executive Search Agencies in Germany are now using various candidate matching algorithms that have made the process of finding the top talent easier and much faster.

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Almost 13% of the companies today either have already or are willing to integrate Artificial Intelligence into their HR activities. AI with its capabilities is not only helping the Best Executive Search Agencies in Germany to find the top talent but is also helping them to find them more quickly which in turn results in more productive and profitable clients.

Recruitment And AI And Automation

Studies have shown that 72% of executives believe that Artificial Intelligence has the capability of offering sizeable business advantages. With the use of various Automation and AI based tools, studies have shown an overall increase in recruiter productivity by 3.7 times. The time saved in all the activities can reflect in faster executive recruitment which is better targeted and less likely to turn out to be a bad hire.

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As a recruitment agency, we have been using some of the AI based tools to carry out certain tasks and the results are significant. Our clients are happier than ever with the results. Our expertise backed by some of the best industrial tools provides a strategic opportunity to deliver not only a better recruitment process to our clients but also a much more productive HR system where the employees are working to the best of their potential and contributing to the overall growth of the company.

So, what are some of the benefits that recruiters are witnessing? Studies have shown that:

  • 75% believe that automation can help complete routine tasks quickly thereby leaving a window to work towards improvement of laid down processes as well as exploring new opportunities in the recruitment sector.

  • 50% of the clients have agreed that a recruitment company backed by AI tools has better customer service and a quicker grievance redressal system.

  • 45% of the redundant tasks that are currently being performed manually could be done more efficiently by robotics or Automation thus using the manpower to much more productive work.

Artificial Intelligence and Automation are the future of recruitment and HR. Recruitment agencies are trying new things such as chat bots, matching algorithms, automated tasks etc in order to improve the recruitment process and make it more targeted and quicker. Studies have shown that a targeted approach towards recruitment leads to less overall turnover rate of the company thereby helps in having happy employees and a continually growing company.

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We understand that the attitude towards change is not always welcoming but 72% of the recruiters that have dared to adapt to this change believe that their overall approach to hiring couldn’t be more right. So it is time to embrace the technology and make your clients a happier and productive company in future.

How A Top Executive Search Agency In Germany Is Using AI To Revolutionize Recruitment

How To Handle The First Meeting With The Recruiter In Your Executive Search In Germany

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Being one of the best executive search agencies in Germanywe can say one thing for sure that we are like your casting directors and there is only one question to answer, “Do I see this candidate in a face to face interview with the client?” The executive search agency, the company and you, the candidate are working towards exploring a possible long term relationship with each other, where the recruiter would get you placed in one or the other position depending upon what materializes for you. Experienced recruiters always focus on what you have done and achieved rather than hypothetical questions.

How To Handle The First Meeting With The Recruiter In Your Executive Search In Germany

Executive Search Tips For Reaching Out To A Top Headhunting Company In Germany

The first step towards getting ready for a career change and entering the next phase of your professional life is reaching out all the top executive search agencies in Germany and partnering with them in order to expedite your executive search. But before approaching these Top Headhunting companies in Germany, it is best to  formulate an approach with which you will reach out to them. Below are the few tips to keep in mind before reaching out to the executive search companies:

  1. Create A Resume Keeping Future Opportunities In Mind

A resume is your first impression before you even meet the search firm or the hiring organization. Whenever, we start looking for job opportunities, the first step is to update the resume with the most relevant and current experience at the top. But give it a second and go through the entire resume before you upload it anywhere in order to make sure that it is in accordance with the future career opportunities, you want to explore.

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You need to assess, into what light your resume puts you and whether it justifies your current organizational level as well as the level you aspire to achieve after an interview. The various elements of any role evolves over the course of one’s career and keeping the same summary section would not deliver the right message to the recruiter and hence it would be difficult for them to offer you the perfect job opportunities.

  1. Make A List Of All The Potential Search Firms

This would help you have a focused list of potential headhunters thus saving you a lot of time if in case you reach to a wrong firm with no potential positions of your interest. Having a focused list would make sure that you at least get the first meeting with the recruiter as he would be interested in listening to you so that he could help you with your future opportunities.
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  1. Write A Focused But Brief Cover Letter

A focused cover letter is the missive in which you communicate all the critical information. This helps you get a higher response rate from search firms. Be extremely brief but crystal clear about career goals, your qualifications and primary achievements. Also add other relevant information such as your willingness to relocate if required and salary expectations. Leave the rest of the information for your resume. A word of caution, extremely lengthy cover letters most likely go unread.

 

  1. Having A Helpful Attitude Helps

What does this mean? This means that before reaching out to your list of search firms, give yourself a reality checks and put yourself in the shoes of the search firm. They may or may not have any suitable opportunity in hand for you but that does not mean, they would forget you. If you get to chance to talk or meet, here is a chance to be helpful and create a lasting impression.

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Ask them if they any opportunities in store for you at the same time offer to help them with references by identifying potential candidates within your current industry for open searches. This would help create a mutually beneficial relationship at the same time create a lasting impression on the recruiter making you a serious candidate who is sincere and genuine.

Executive search consultants can be your key allies in helping you find a perfect job opportunity. But before you go out there knocking on every potential door, do your research beforehand so that you do not end up wasting your and the firm’s time.

Executive Search Tips For Reaching Out To A Top Headhunting Company In Germany

Best Practices For Needs Assessment In Executive Search

Needs Assessment is one of the basic starting points in the executive search process. The process of Needs Assessment not only confirms that the hire for a particular executive job is needed but it also determines how this hire would be beneficial for the organization in the long run. Needs Assessment is very important as it prevents unnecessary hiring. Once your hiring is justified, it also helps in defining the type of candidate that is needed.

Being the Top Executive Search Agency in Germany, or at least one of them, the one thing we always stress before carrying out an executive search for any company is their Needs Assessment for the particular search. It not only helps us in understanding their requirement but it also helps in laying out a better recruitment plan before the executive search.

Best Practices For Needs Assessment In Executive Search

Basic Parts of a Needs Assessment for Executive Search

In order to lay down a needs assessment plan for your executive search, the first thing you need to do is list down the current skills of your organization and try to look for the performance gaps that might require an executive position. Doing this would help you determine whether you need an executive or not. This can be done for any position be it a brand new one or the existing one. You can also use this analysis to identify new opportunities and the same can be addressed as well during the ongoing hiring process.

Once you have sufficient reason for the job, lay out a job description based on the needs you listed down. At this stage, you may be tempted to copy from the past executive job description but as we discussed earlier, with time, the requirements from even an existing post may change and hence writing down a fresh job description might be a good idea. As all the top headhunting companies in Germany make use of this job description in their executive search, making sure that it lays down your requirements clearly can ensure an effective and speedy recruitment process.

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Executive hiring is very important so spend some time determining exactly what experience and skills you are looking for. Also rewriting the job description gives leaders an opportunity to run a SWOT analysis on their previous job descriptions as well as the candidates that were hired on the basis of that description.

Once you have the job description, it is imperative to determine the urgency of filling the position as it will have an impact on the manner in which the hiring process would be carried out. Here, the recruitment agency comes into play and is especially helpful when it is a high-urgency hiring situation.

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Benefits of a Needs Assessment

Working on Needs Assessment might take a little bit of time, but in the long run, it will result in a more focused, less time consuming executive search. It could save you thousands as the more time it takes to find the perfect match, the more expensive your executive search will be. Also hiring the right person in less time would mean more productivity as well as more achievements in terms of organization’s goals.

Needs Assessment leads to a faster hiring process, as finding the right person takes less time when the needs are properly identified. Also, once the needs are clear in advance, the screening of candidates becomes faster and the shortlisting of candidates happens faster.

Lastly, needs assessment not only helps in the hiring process, but the ongoing analysis helps in identifying potential gaps which can be worked upon in order to ensure better productivity in the organization.

Best Practices For Needs Assessment In Executive Search

Importance Of EQ Over IQ In Your Executive Search In Germany

“Hiring People is an art, not a science, and resumes can’t tell you whether someone will fit into a company’s culture.” – Howard Schultz

Irving Berlin once said, “Talent is the starting point.” In today’s age of internet, this quote still holds true and hence become even more effective because talent in reality is just a beginning. With an infinite pool of knowledge educational tools on the internet, anyone can learn various skills be it sales tactics, coding languages, Digital Marketing, Leadership skills and many more anytime. It is thus becoming difficult for companies to judge which candidate has come out to be the most promising candidate in their executive search in germany.

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With increase in skill set, what is that one thing which companies should look for before they hire any candidate? How to make sure they are hiring the right person? The answer to these questions is “Emotional Intelligence.” As one of the best executive search agency in germany, we have seen that candidates hired on the basis of their EQ are likely to be more successful in their job than the ones hired only on the basis of their IQ.

EI or Emotional intelligence, is the person’s ability to perceive, assess and navigate the emotions of oneself as well as others. The EQ of a person EQ is the measure of their motivation, empathy, self-regulation, self-awareness, and social skills. Such qualities are necessary especially when you are looking for an executive role.

Many a tims, our emotions create a hindrance in our path as we work towards important business ventures. Such emotions can also keep us from forming important social relationships. Understanding the EQ of a candidate is one of the most critical tool at your disposal in the hiring process. Creating an elaborate process to evaluate emotional intelligence, helps you uncover candidate’s true self and would reveal all the potential red flags which would prevent you from making a grave hiring mistake.

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Step 1 – Motivation

The first step in your hiring process is to judge the candidate’s motivation that is their ‘Why’. There are two types of motivators that prompt a person to seek a particular job – Intrinsic and Extrinsic. The extrinsic motivators are the external factors such as moving up the career ladder, learn new things, earn more money, having power and a bigger title etc. These are valid reasons as most want to grow in their professional life but should not be the sole and primary reason.

And there comes the second type of motivator, the Intrinsic Motivator or in simpler words, “What story in their life has motivated them to this role?” The answer to this question would give you a fair idea that how motivated a candidate would be once hired for this particular role.

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Step 2 – Empathy

Empathy means a willingness to understand the position of people and a desire to connect with them and help them grow. Some of the most important work of an executive is to make people feel connected to the company and keep them motivated to work towards their personal as well as company goals. Failing this test would mean that the person might fail in his role to collaborate with his team and effectively communicate with them or the clients. Hiring such candidates solely on the basis of what an intelligent coder he is would be a big mistake.

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Step 3 – Behavioral Questions

Judging the EQ of a person is very difficult. No matter how many interview rounds he goes through, there is still a chance of a mistake. Many companies are thus including behavioral questions in their hiring process such as, “What was the most difficult situation you faced in your previous job and how did you handle it?” or “Were you ever criticized for your work and how did you respond?” Behavioral questions need to be formulated in a way that they reveal the inner truth of the candidate. How humble or self-aware are they?

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Step 4 – Observe Every Move

This step needs to be kept in mind throughout the hiring process. Observing the body language helps recognize the truth about whatever they say. Try to create a comfortable environment before you come up with difficult questions. Studies have shown, that a face to face interview conducted in a relaxed environment reveals almost 55% more about a particular candidate than the ones taken over the phone or video conferencing.

Importance Of EQ Over IQ In Your Executive Search In Germany