Mettl’s assessments have been the biggest filter in our recruitment process. Their platform has helped us reach out to a higher volume our applicant numbers. Mettl constantly keeps innovating on their products and tries to introduce a new aspect to everything.
Today leaders of businesses must remain constantly aware of the changes that take place within their industry and out, and on the highly volatile economic situation as well. It is necessary to understand how all the factors influence their company, and the effect the changing ‘face’ of the workforce will affect the company’s ability to meet its financial and growth objectives.
Today talent can be sourced from anywhere – meaning not just domestically but globally too, given the various channels, such as social media and mobile friendly ‘programs.’ Leaders in organizations today understand that their workforce is one of the most important assets, which means that they realize the value of attracting, engaging, and retaining the top talent at all costs. Today, the companies outshining their competitors are the ones that have progressive and smart people strategies. In the business world today, companies are known for the way they treat their employees – in contrast to previously when customer service and products were all that defined them. The best talent in the market is drawn to companies with top class employee policies and who treat their workforce as partners who are core to the success of the business.
It would be safe to say that not all companies have been able to adopt the open talent model, but would recognize that in order to move ahead and succeed in today’s highly aggressive and competitive business world, they need the best and most talented people ‘on their side.’
Managing human resources today has become even more challenging, with pressure increasing on those responsible for identifying the best talent – irrespective of their association status with the company. Employee turnover continues to pose a threat, and hence companies need effective and sustainable people management strategies to forge ahead. The need, for smart and all-inclusive talent management strategies, is at an all-time high, making The Open Talent Economy mindset seem better with each passing day.
It is time for companies to seize the opportunity in the form of the open talent mindset in order to build and sustain highly talented teams to lead them to success.
Originally published March 12 2018, Updated December 16 2020
Human Resource Management, also known as HRM, is the function that manages employees, starting from their recruitment and induction to development, appraisals and promotions, with the aim of maximizing their performance in-line with organizational objectives.