The MHC Blog

Powerful Business Insights for Succesful Leaders
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In pursuit of perfection

Companies looking to fill their vacancies will already know this, currently there are a lot of potential candidates looking for a new role, it’s an Employers “buyers’ market!”

Given the luxury of a large pile of CVs arriving for each vacancy posted, I have recently noticed that Companies are becoming increasingly fussy, looking for a 150% fit to an advertised role, rejecting candidates because they don’t tick all the boxes of the job description. 

They seem happy to delay filing a role, leaving it vacant (probably doing the role themselves) until they have found the ideal candidate, taking the risk that not filling the role with the perfect employee is better than having someone in place that can do most of the tasks but needs your time and effort to settle them in.

Part of me completely understands this thought process.  In an ideal world, having someone join the Company with their running shoes on allowing them to hit the ground sprinting is utopia - however the reality does come with many challenges, perfection is hard, if not impossible, to find, meaning that the role could stay vacant delaying your Company growth while you work yourself into the ground doing 2 or 3 roles yourself.

So how do you fill key roles in todays market?  Here are a few ideas and observations:

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Please look up!

Am I the only one who struggles walking nowadays?  Trying to avoid the smombies (smartphone zombies) leads me to screaming internally “please look where you’re going!” whilst zigzagging from side to side to avoid people walking towards me with their noses buried deep into their phones.

The problem is so prolific someone has invented the “The Type while Walk” app which takes over your phone’s camera so that you can see the ground beneath your feet, with an included font colour-changing tool means that whether you’re walking over pavement or grass you can change the colour to contrast for visibility.  In Salzburg, Austria, lampposts are being covered in airbags to stop people bumping into them as they walk around staring at their screens.  Phone handsets seem to be glued to people’s hands, there is even a recognised new anxiety “rinxiety" or "phantom pocket vibration syndrome”, these conditions refer to anxiety surrounding missed messages and phone calls and the more often you check your device, the worse the anxiety will get.

But how does the phenonium affect business?  Here are my 5 thoughts on the matter:

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Are you Keeping your brand promise?

Over the festive period I was a back-seat passenger on a longish journey.  A talk radio show was keeping me company, the topic of heated discussion, the Apple iPhone battery. 

A high school student had recently discovered an issue with his phone and decided to post on Reddit.com giving details of what he had found.  He had discovered the decreased performance in his iPhone 6s handset had to do with the phones lithium-ion batteries. He decided to research into why that might be, and found a suggestion online that he replace his battery. When he did, his phone sped up instantly.

His post went viral, eventually leading to Apple to make a public statement, a confession that is said could end up costing the company billions of dollars in class action lawsuits. Apple had issued a statement that made it clear that changes it had made a year ago were indeed slowing down the maximum performance of iPhones with older batteries.

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Can’t afford to give a pay rise?

As we were busy welcoming in January 1st 2018, businesses were, overnight, increasing their price points on everything (food, drink, clothes, services) by 5% to fall into compliance with the new VAT regulations.  This increase excludes any new year increases which were also applied.  The UAE is now 5%+ more expensive to live and work in. 

So, did salaries increase in line with these cost of living uplifts? The simple answer for many small and medium businesses is no, they just cannot afford to keep up with the increases in cost of living.  The VAT Companies are now charging on invoices raised and are paid back to the Government quarterly, making cash flow management a top priority, but Companies are not 5% richer, a point missed potentially by their workforce.

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