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Showing posts with the label Talent

The Power of Flexibility: How Fractional CXO Model impacts organizations and individuals.

In today's fast-paced business world, companies face constant changes and challenges. To navigate these complexities, many organizations are adopting a flexible leadership approach by incorporating a fractional CXO model. This model allows companies to access high-level expertise on a Flexi time basis, providing them with the flexibility they need to thrive. The Power of Flexibility in Leadership Flexibility is a crucial trait for leaders in today's dynamic environment. It enables leaders to adapt quickly to changing circumstances and seize new opportunities. According to a survey conducted by Deloitte, 94% of executives and 88% of employees believe that culture and leadership style are essential for navigating the rapidly changing business landscape. In the Fractional CXO model, flexibility is the core element. Fractional CXOs are able to tailor their services to meet the specific needs of each organization, providing targeted support where it's needed most. This ad...

Smart Thinking For Smart Businesses

It’s a friction-ridden era. Markets are staring at a slowdown and layoffs could be rampant. In fact, pink slips are already around. Startups like OYO and WeWork have already laid off thousands of their employees. According to a New York Times estimate, over 30 global Startups have fired more than 8, 000 professionals in the last few months owning to a downturn in business. It’s sort of a norm with today’s employers to fire during slowdowns and hire again during an uptake. But this hire-and-fire policy does not bode well for Startups, SMEs and upcoming ventures that need talent, especially at the C-level, in quick succession to churn out compelling results. Startups need experienced hands to steer their fledgling ship through a choppy ocean. From Chief Marketing Officers, Chief Sales Officers, Chief Sustainability Officers to Chief Data, Information, Technology and Executive Officers; C-suite titleholders strategize, manage revenues and operations, and ensure the organisation ...

India - the only option in face of massive global talent crunch

Talent for various business activities is becoming scares in most countries and marketing is no exception to this rule. By 2030, demand for skilled professionals will outstrip supply and the world would be staring at a talent shortage of over 85.2 million people, according to a study by US-based global organisational consulting firm Korn Ferry. But how does the world, more specifically the countries that face talent crunch get over this shortage?  This talent shortage is corroborated by other surveys as well. Manpower Group’s Talent Shortage Report says that globally, 45% of all the employers surveyed are struggling to scout for the right talent. According to this very survey while 32% of US employers experienced talent shortages in 2015 it rose to 46% in 2018. A similar picture emerges for senior level professionals too, with 40 per cent of the companies facing a shortage of talent at the senior management level, according to Aon Talent Acquisition s...