Saturday, May 12, 2012

How to hire the best talent in the world


How to hire the best talent in the world

What are the chances that the ideal people for your business live within commuting distance? And even if they did, could you actually find, attract, and afford them, given that great talent has countless options?
Traditional hiring is extremely painful. But with the explosion of online work, businesses are breaking the limitations of geography, and they aren’t going back — 76% of businesses characterize online work as a long-term strategy, and 90% say it makes their business more competitive, according to data released by my company, oDesk, a few weeks ago based on a survey of over 7,000 of our clients.
It’s easy to see why: Access to talent is a critical factor in accelerating success, especially for smaller businesses. MCF Technology Solutions, a development service for cloud-based platforms, is one of millions of startups leveraging online work for this reason. MCF started with just a few designers hired online, then turned to software developers, project managers, assistants, and more. Its 15-person on-premise staff is now empowered by 19 online team members, and CEO Govind Davis couldn’t imagine it any other way. Wiith online work “I have an army,” he said. “It is a huge breakthrough for us in allowing us to grow.”
According to Staffing Industry Analysts, 50% of the Fortune 100 workforce will be contingent workers by 2020, and there is no reason most of these workers shouldn’t be working online rather than on premise.
To stay competitive, it is imperative that businesses embrace this new working model. But when applicants are no longer sitting across the table from you, how do you assess whether they are a fit for your business? Here’s how:

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