CEOs across the globe are expecting an increase in hiring. Is your company prepared to secure the talent it needs to succeed?
The tech world is focused on two main business drivers: growth and innovation. After all, how many companies in the technology industry are known for standing still? Companies like Apple and Tesla have created brand value through innovation and are now expected to continue these developments.
The same is true for any business that relies on IT recruitment to keep it in check, which in this day and age is probably most of them.
However, hiring these professionals can be daunting, especially if you’re not sure what you’re looking for. With hiring expected to increase worldwide, it’s best to get your digital recruitment needs sorted by a professional.
CEOs foresee hiring increase
According to research from KPMG, the demand for talent is likely to increase globally over the next three years. In fact, the firm found that around 80 per cent of the CEOs it surveyed believe their companies will be hiring more employees, which could put pressure on businesses without an effective recruitment strategy if good staff are snapped up by competitors.
This isn’t the only area where IT is affecting business operations, as nearly a third (29 per cent) of respondents believe the organisation will undergo a noticeable transformation in the following three years.
Global Chairman of KPMG International John Veihmeyer says that digital pressure will shape the way companies hire and operate in the future.
“They know that they are going to have to have to do things differently, and they are looking hard at their organisations to determine how they can transform to stay relevant and strengthen their competitive positions,’ he explained.
What challenges will they face?
On top of managing complexity in the workplaces, businesses are also likely to struggle with cybersecurity, yet another reason to pursue commercial recruitment to secure capable professionals.
A study from Ernst & Young (EY) found that 41 per cent of family-owned business throughout Australia have no knowledge of the cyber risks they could be facing.
EY’s Oceania Family Business Leader Ian Burgess says this is an attitude that needs to change within business throughout the country.
“Even with the near-constant news of cyber breaches, leaks and the resulting financial losses, Australian family businesses seem to be worryingly relaxed about the risk of cyber threats and potential impact on their business,” he said.
On top of this, PricewaterhouseCoopers discovered that nearly three-quarters of CEOs worldwide are struggling with skills shortages. Combining this with the looming threat of cyberattacks results in a challenging environment for businesses as they look to hire in the future.