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Talentacq

You’re standing in an art gallery filled with paintings. What draws your eye toward a particular canvas? It might be the vibrant colors or the naturistic scene … but something makes it stand out, right? Believe it or not, it’s similar for talent acquisition – you must find your own unique way to stand out if you want to be noticed by the best job candidates.

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MAIN-graphic-handshake

If there is one key word to pull from the Workforce Innovation and Opportunity Act of 2014 (WIOA), it is collaboration. WIOA has created a unique and exciting opportunity for collaboration at the state level between local workforce and economic development agencies. The law requires states to submit plans outlining how they will collaborate with partners, including economic development agencies. But, doesn’t this call for collaboration seem like a no-brainer?

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Corporate culture. It’s like a magnetic force that pulls talent toward your organization. Is your pull strong or weak? In all seriousness, though, it’s a hot topic in the war for talent. Economists note that when the economy is thriving, employees have more bargaining power, which leads to more competition in the job market. Because of this, many companies must take a closer look at their culture as a primary way to attract and retain employees.

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Economic-development-Main-graphic

Did you know that the Workforce Innovation and Opportunity Act (WIOA) requires Workforce Development Boards (WDBs) to partner with Economic Development Organizations (EDOs)? The benefit of this partnership reaches far and wide. By working with EDOs, Local Workforce Development Boards (LWDBs) will be able to identify new services, align resources and deliver training service offerings which meet the needs of employers.

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Employer Brand Graphic

In today’s competitive talent marketplace, your employer brand is crucial in helping to attract the right people to your company. When making a decision on where to apply for a job, 84% of jobseekers say the reputation of a company as an employer is important.

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Sands Timer

You may be wondering, when is the best time to begin thinking about a Succession Plan? As the tried-and-true saying goes, “Don’t put off tomorrow what you can do today.” An astounding 58% of small business owners have no succession plan, according to a 2017 study of 200 privately held businesses, conducted by Wilmington Trust. The last thing any business owner wants is for an unexpected tragedy or unplanned scenario to happen which then forces someone who is not prepared to take over. With no structure or plan in place, the new leader is destined to struggle and likely fail.

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Broken Glass

When it comes to succession planning, thoughtful consideration is imperative in helping businesses remain viable. Review these common mistakes and the suggested success strategies to save yourself and your company from lost profits and leadership woes, and watch the video included!

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More Chess

Did you know 60% of 2nd generation family business owners fail? For 3rd generation owners, it goes up to an astonishing 90%! It goes without saying that deciding whether or not to pass the baton to the next generation requires thoughtful consideration. If you’re wondering how to determine if a family member is the right person for the role you need them to take over, read these success strategies for more insight, and watch the attached video!

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