Once the company has identified the need for personnel to build up an effective team, it is necessary to strategize the process of acquisition of talent. A number of questions which need to be addressed are:
 What are the key areas that we are looking for?
The skills-set needed for doing the job effectively?
The essential features of the job and the ones which are desirable?
Is it possible to get the right fit from the market?
The compensation to be paid to such a candidate?
Can some qualified individuals be recruited at the entry level and inducted in the organization?
What will be the Training and Development costs?
Is it cost effective to wait till then?
What will be the retention cost of such candidates in whom the company has invested?
|
