Wes Insights 2023
The Recruitment Paradox — The Importance of Diversity for Tomorrow’s Skills Supply
There is too narrow a picture of what skills and competencies look like and where to find them, both in the business world and in the public sector. This leads to a heightened notion that it is difficult to find the right skills, according to "The Recruitment Paradox – The Importance of Diversity for Tomorrow’s Skills Supply" (2023), the most recent Wes Insights report. Rethinking and broadening how competencies and experiences are perceived, looking outside one's own industry, and better harnessing the value of transferable skills are effective ways to rectify the situation.
The report is based on a survey answered by over 800 managers and leaders in the private and public sectors. It concludes that the business world is stuck in a recruitment paradox. Far too many companies do not take advantage of all of the available talent, skills, and potential. Despite having insight into the problems and the opportunities for resolve, companies and organizations choose not to use the available solutions. The report offers five recommendations to leadership on how to rectify the situation.
Recommendations: How to rectify the recruitment paradox
1. Drop the industry requirement. Daring to seek competencies and skills outside one's own industry is one of the most effective ways to secure the supply of needed skills in the future.
2. Update the recruitment processes and approaches. Leverage the entire pool of skills and talent, demand a diversity of candidates, and don't forget the value of leadership development.
3. Set a long-term strategy – at all levels. Set requirements and develop clear goals and KPI's with regards to how the composition and supply of skills and competencies should look in the future. Leadership and involvement from the very top of the organization is key.
4. Develop inclusive leadership. Diversity is not enough; a leadership that continuously and actively strives for increased openness, responsiveness, and curiosity about new perspectives is key to long-term success.
5. Boost learning. Diversity and learning are closely connected; introduce activities that promote learning in the organization.
More about the report
Executive Summary
Read the executive summary here.
Press Release
Read the press release here.
Contact
For questions regarding Wes Insights 2023 — The Recruitment Paradox, other Wes reports, or tailored lectures and workshops, please contact us at kontakt@wesgroup.se.
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