Talent Hunt Is Significant Challenge For CIOs: Study
The success of organizations is largely depended on its talented workforce. Getting and retaining highly skilled employees for strategic technology position is one of the most important concern of IT leaders in the companies.
In a recent survey of IT executives conducted by the CIO Executive Council (CEC), it is revealed that CIOs face ‘massive gap’ in talent acquisition.Out of 133 IT executives surveyed, only 11 percent of IT executives said they have a “robust” talent acquisition pipeline which is a problem in an increasingly competitive market.
The CIO Executive Council (CEC) recently hosted a Webcast “IT Talent, Decoded”, focusing on this and other issues, presenting findings from its research as well as insights from a panel of IT executives. According to the webcast summary, the survey found 38 percent of responding IT leaders “admit that finding talent is a significant challenge.”
Many executives (69 percent) feel the talent pool is limited, and there just aren’t enough qualified people. At the same time, the study did find low attrition rates, so retention strategies may be working well for folks, Fierce CIO reports.
Bill McCorey, CIO of Universal Parks and Resorts, stressed the importance of prioritizing and managing change. McCorey suggested leaders put their team first and build on and celebrate team success.
Keeping teams motivated means you need to recognize the good work your team is doing and take note of those top performers. “People like to be involved with team where they are getting recognition for what they are doing,” the summary explained.
Culture and communication are also key. Be sure you understand the team culture, which will help teams be successful. It’s also key to respond to requests – even if it’s a “blank check moment” – and deliver on promises.
Frank Sirianni, CIO of Fordham University, explained the importance of keeping people involved when it comes to change. To do this, you should have middle managers who help through a “‘middle out approach’ in creating a community of change agents,” the summary said. You should also get the team’s opinions on a change and how it will affect them, including those working on “shadow IT” projects.
Peter Wise, CIO of Matson Navigation, focused on tips for attracting talent. He stressed how much people want their careers to matter, and commented on company culture, explaining it’s important to keep that in mind when attempting to find a good fit. Wise also suggested that, while competing with startups can be difficult, focusing on your company’s other strengths can help when recruiting.
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