The first 4 steps to building a successful hiring strategy

When developing your business plans,it is essential to produce a roadmap of where you want your organisation to expand and grow.

To achieve these plans, you will need the right people behind you to help get you there.

With a fully developed hiring strategy, you can anticipate and onboard the right candidates for your business to succeed.

Step One: Define your company culture and values

Before you start your candidate search, it’s essential to define your company’s culture and values so you’re attracting the right candidates for your business:

  • Identify the core values that are most important to your organisation. This will help guide your decision-making and actions.
  • Evaluate your current culture. Consider the behaviours and attitudes of your current employees.
  • Define your culture in terms of beliefs and behaviours. Write down what your company stands for, what it values.

With the above information, you can clearly communicate what your company offers candidates and easily determine if a candidate will fit within your company.

Step two: Identify your recruitment needs and goals

One of the most important places to start with your recruitment strategy is outlining your business needs. What’s your company’s long-term vision for the future? What do you is needed to get there to this place?

You can get a good idea of this by doing the following:

  • Evaluate your current workforce to identify any skill gaps, areas of overcapacity, and future hiring needs.
  • Define your business objectives: Think about your company’s growth and development goals.
  • Engage with key stakeholders, such as department managers and HR.

Step three: Consider industry trends

In addition to reviewing your company’s internal needs, you should need to consider wider industry trends. Ultimately, this may influence where additional resources are needed.

You can research industry trends by:

  • Identifying key thought leaders and influencers in your industry and follow them on social media for their insights and opinions.
  • To stay ahead of industry trends, keep an eye on what your competitors are doing and how they are evolving.
  • Utilise data and analytics tools to learn about into consumer behaviour and market trends.

Step 4: Set SMART goals

Before you start searching for the right candidate for your business, you’ll need to set measurable goals for your recruitment efforts.

By setting SMART (specific, measurable, achievable, relevant, and time bound) goals. This will give you a clear and defined target to work towards, enabling you to track progress, measure success, and adjust as needed to ensure you achieve your goals.

Below is an example of a SMART goal for your recruitment efforts:

  • Specific: Define exactly what you want to achieve in your recruitment efforts. For example, ‘increase the number of qualified candidates in our applicant pool by 30% in the next 6 months.
  • Measurable: Make sure your goal can be quantified and tracked so you can measure your progress and success. For instance, you can measure the increase in the number of qualified candidates in your applicant pool.
  • Achievable: Make sure your goal is realistic and attainable within the given time frame and resources. A goal to ‘hire 100 new employees in one month’ may not be achievable.
  • Relevant: Ensure your recruitment goals align with your overall business strategy and priorities. If your business goal is to expand into new markets, your recruitment goal may be to attract and hire talent with experience in those markets.
  • Time-bound: Set a deadline for when you want to achieve your recruitment goal. For example, ‘increase the number of qualified candidates in our applicant pool by 30% in the next 6 months.’

Identify Solutions

Start your hiring strategy in the right direction and stay tuned for the next part of our guide on how to build a successful hiring strategy.

As your dedicated Talent Partner, we work with you on all aspects of your talent attraction and talent retention strategies to ensure that once you’ve made the most out of your hiring process, and we’ve found you top talent, they’re here to stay.

For more information, get in touch with our team today to arrange a free consultation, and see how we can help you.

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