What Hiring Managers Should Do When They Are NOT Hiring - Your Career Intel

What Hiring Managers Should Do When They Are NOT Hiring - Your Career IntelHiring managers need to create a pool of individuals they can tap into when they do have an opening in their organization.When it comes to finding a great job or opportunity, recruiters will often advise candidates to constantly connect and network with industry peers to keep abreast of potential job openings. By the same token, hiring managers also need to be constantly networking with interesting and potentially interested candidates to create a pool of individuals they can tap into when they do have an opening in their organization.A 2014 Global philanthropisch Capital Trends survey by Deloitte of more than 2500 organizations across 90 countries found that more than fifty percent of the respondents said talent acquisition and access were important issues while another 24 percent termed them as urgent, further underscoring how important it is to find and hire skilled professionals.Given this scenario, here a re four things, Ive found, that great hiring managers always do.1. They Are Always On the Hunt For Talent A great hiring manager does not wait till a post opens up to start hunting to fill that position. Instead, a good hiring manager is actively seeking, courting and developing networks and relationships with talented candidates so that when there is an open requisition, they arent up to their eyeballs sifting through a thousand resumes a website has spewed up on them. Being on the constant lookout for great candidates is even more vital if youre in in technology, life sciences, or health care, where finding skilled candidates with certain technical skills is always a challenge.2. Theyre in Constant Recruitment Mode Suppose the hiring manager bumps into an interesting candidate at a tradeshow, even if hes not hiring at that moment, cultivating that relationship could result in a better hire and cultural fit than recruiting an unknown candidate. Good hiring managers also train and e ncourage their staff to refer interested candidates to the organization. By getting employees to extend the search, there is always a chance of finding someone who knows how to do the job already. Even when the company is not actively hiring, referrals through the employee referral program can help develop a talent pool.3. They Look Beyond LinkedIn While LinkedIn is certainly fantastic to find talent in a pinch, good hiring managers proactively seek candidates on active job boards, industry networking events, tradeshows, employee referral programs and talking to recruiters like here at Lucas Group. Plus, there are certain big data tools from Facebook, Entelo, Gild, TalentBin, and Work4, among others, that can be used to source quality candidates from across the world, according to Deloitte University Press.4. They Know Bad Hires Hit the Bottom Line Finally, a good hiring manager knows that a badeanstalt hire can adversely hit the bottom line by stretching the company resources. A 20 12 survey by Career Builder found that of the 2700 employers surveyed, 41 percent estimated the cost of a single bad hire was $25,000 and about 25 percent said a bad choice set them back $50,000 or more. Not just money, bad hires can also be drains on time, energy, resources and can adversely affect team and company morale.While losing a job can very stressful for an employee, finding someone to replace that person can be equally stressful for the hiring manager as well. You can mitigate some of the angst by always recruiting and being on the hunt.

The Most Successful People Spend 10 Hours a Day on These 6 Things

The Most Successful People Spend 10 Hours a Day on These 6 Things Successful people fascinate us. We are intrigued by how they live and how they achieve success. So, we study their habits and best practices. In studying the time management techniques of successful people like Oprah Winfrey, Warren Buffet and Albert Einstein, serial entrepreneur Michael Simmons discovered a common practice these high performers shared. He calls the practice, compound time.Compound time refers to the large return that is generated over the long term from a small investment made now. If you want to focus your time so that you have maximum impact as a leader you can adopt the practice of compound time, too. According to Simmons, here are 6 practices you can adopt that will allow you to compound your time1. Keep a Journal Engaging in regular journaling can have a major impact on your personal development. For example, use a prompt to flesh out your thoughts around an idea or a concept. Perhaps there is a leadership quote that really inspires you. Use that quote to launch your journal entry and write about how you can incorporate qualities addressed in the quote into your leadership style. Perhaps you are experiencing a personal challenge. You can use that challenge as a prompt to explore possible solutions. Using prompts during journaling will help you process your thoughts and will help you become a more effective leader over time.2. Take a Nap Research shows that napping has many benefits from reduced stress to improved memory. Napping allows you to clear your mind and boost your energy. You can accomplish so much more with a clear head and extra energy to get you through those tough days.3.Go for a Walk Top performers include exercise in their daily rituals. Walking is the most common form of exercise and its the easiest to incorporate into a daily routine. Walking gets your blood circulating and improves creativity.4.Read Reading is no doubt the quickest way to access informatio n and gain knowledge. Investing time in reading articles and books about subjects that can enhance your life and leadership abilities can be life transforming.5.Talk There is nothing like sharing and co-creating with someone who is like-minded. There is power in banter, discussion and debate. A sharpening occurs when ideas are shared and fleshed out. This kind of exchange can lead to creative work with long lasting impact.6.Experiment Many of the high performers that we read about today are not overnight successes. Their success came after experimenting with many methods and business models. Only after much trial and error have they attained success. Success requires a level of risk and experimentation to refine ideas and perfect solutions.So, if you want to follow in the footsteps of high performers, slow down the pace of your busy life and begin to incorporate these 6 activities into your daily schedule and routine. You will landsee that over time, compound time will pay rich rewa rds.--Ellie Nieves, JD, MBA, develops webinars, seminars, and coaching programs to help high achieving women show up, speak up, and step up in their careers. She is also the host of the Leadership Strategies for Women Podcast where she shares success tips to help women achieve more both personally and professionally. To learn more, go to www.EllieNieves.com.