Alok Kumar, Senior Director of Manpower, a subsidiary of ManpowerGroup, says, “In a fast-paced, dynamic world of work, competencies required for the job mapped against the skill set possessed by the manager will help accelerate growth. But at the same time, when it comes to team management and decision making, which managers are required to do, experience plays a crucial role.”
A clear focus on leadership development and succession planning by organisations is key to not losing out on the best of both worlds.
While this helps build a continuous learning approach, the other critical requirement is to ensure people with the right skills can be identified when new people are hired at mid-senior levels.
Kumar says, “Skill-based hiring focuses on identifying individuals who have the leadership skills required to foster collaboration, creativity and productivity. So, if organisations are seeking fresh thinking with innovative ideas to drive business growth, it may be a good idea to look at skill-based hiring.”
This is even more true in the new tech-driven roles.
“For emerging areas like generative AI, skill-based hiring is a better talent strategy as this field is ever evolving and talents working on the latest technology are always in a better position to drive projects and meet customer expectations without a sweat. They are better aligned with advanced technology, rapid advancement and evolving trends.
It serves as a competitive advantage helping organisations to respond effectively to market demands. Most tech companies typically want talents with certification in the latest technology.
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