Win the Talent War: Best Practices for Efficient Recruiting

Diversity Recruitment Research provides a look at five key studies on recruitment, a vital strategy for helping companies build and maintain a diverse, high-quality workforce. We looked at academic and trade publications and give you this sampling for your learning:

Winning the Race for Talent in Emerging Markets

By Douglas Ready, Linda Hill and Jay Conger, Harvard Business Review

Economic activity in emerging markets, like Brazil, Russia, India and China, is growing by leaps and bounds, but finding talent to keep up with that growth is extraordinarily challenging, according to an article in the Harvard Business Review. And companies in the developed world that try to export the talent strategies they use at home have abysmal results.

The authors interviewed executives at more than 20 global companies to identify strategies for attracting talent in developing economies, including where brand, opportunity, purpose and culture play out in particular ways.

The article notes that recruiters have to offer more than fat paychecks and a standard career path to find and keep employees in developing nations. “Emerging-market job candidates prize a company with a game-changing business model, where they can be part of redefining their nation and the world economy,” the authors write. “They are also attracted by a mission that focuses on helping the unfortunatemany have experienced poverty firsthandand expresses the value of global citizenship.”

According to the article, a company’s culture matters in several distinct ways in emerging markets:

  • Its “story,” or brand promise, has to feel authentic
  • Employees must be rewarded for reasons of merit; a high potential from Brazil or Dubai must believe that the executive suite in China or the United Kingdom is within reach
  • Although employees want to be recognized for individual achievements, they also want to feel a connection with their teams
  • The culture has to be truly “talent-centric” so that people know they’re critical to the company’s success

“This war for talent is like nothing we’ve ever seen before,” write the authors, who have spent decades studying talent management and leadership development.

Read Diversity Recruitment Researchto access the links to the full reports and read excerpts from:

  • “Diversity: An Ephemeral Concept” by Christian Hasenoehrl, Gallup Management Journal Online
  • “How to Build the Right Board: Composition and Development” by Mary Helen Gillespie, Directorship
  • “The Board’s Role in Developing a Diverse Leadership Team” by James W. Gauss and Howard T. Jessamy, Trustee
  • “But Can S/He Lead Market Assessments of Black Leadership in Corporate America” by Alison Cook and Christy Glass, Journal of Workplace Rights

Latest News

Abraham Lincoln High School

San Francisco School Board Forced to Abandon Controversial Plan to Rename Schools Honoring Historic Figures

The San Francisco Unified School District Board of Education drew nationwide attention earlier this year over its announcement to change the name of 44 schools “named after figures with disputed historical relevance.” And now, following widespread public condemnation and a vote of members, the board has decided it will no…

Park Cannon

Prosecutors Drop Charges Against Park Cannon, Georgia Representative Arrested For Protesting State’s New Racist Voter Restriction Laws

Reaction to Georgia’s restrictive and anti-Black voter disenfranchisement policies continues to stir up controversy. Major League Baseball pulled their wildly popular 2021 All-Star Game from Atlanta and moved it to Denver to show their disappointment with the decision. Georgia-based companies like Delta and Coca-Cola have also announced their disapproval of…

Dow Receives Five 2021 Manufacturing Leadership Awards

Originally published at Dow ranked No. 22 on The DiversityInc Top 50 Companies for Diversity list in 2020.   Dow has been recognized with five Manufacturing Leadership Awards by the Manufacturing Leadership Council, a division of the National Association of Manufacturers. The awards are given to individuals and projects…

Dow Wins With Product Performance and Sustainability at the Leading 2021 Ringier Technology Innovation Awards

Originally published at Dow ranked No. 22 on The DiversityInc Top 50 Companies for Diversity list in 2020.   Dow clinched two notable product wins for superior performance and wide application at the 2021 Ringier Technology Innovation Awards in the Plastics Raw Materials & Additives category: Dow’s Post-Consumer Recycled…

BASF Presents Roadmap to Climate Neutrality

Originally published at BASF ranked No. 14 on The DiversityInc Top 50 Companies for Diversity list in 2020.   BASF is setting itself even more ambitious goals on its journey to climate neutrality and wants to achieve net-zero emissions by 2050. Based on the most recent progress in developing…