Embracing Potential: A New Approach to Hiring in Australia
Zoom Content Team
Last Updated: December 1, 2023
As a leading recruitment agency, Zoom Recruitment has observed a significant shift in the hiring landscape. Traditional methods that focus almost exclusively on competence and experience are becoming less effective in the rapidly evolving workforce. Surveys have found that 56% of executives foresee “critical gaps” in their ability to fill senior management roles in the coming years. This has led us to advocate for a new approach: hiring for potential over experience.
The Power of Potential
At Zoom Recruitment, we believe in the power of potential. Hiring for potential means focusing on a candidate’s potential rather than their work experience. Candidates hired for potential often possess desired soft skills like a positive attitude and eagerness to learn, but may have limited technical knowledge, skills, and qualifications. They may not have much on-the-job experience or experience in your particular industry. However, these candidates can contribute significantly to the company’s culture in the long term and grow with the right training.
Benefits of Hiring for Potential
Hiring for potential can open the talent pool to more diverse, curious, and passionate new hires. It can add enthusiasm and fresh ideas to the mix, and other benefits include long-term sustainability and growth, and beefing up the organization’s agility. Moreover, focusing on potential could give you better results than just looking for required experience.
Overcoming Modern Hiring Hurdles
To overcome modern hiring hurdles and build a workforce that aligns with current needs and future goals, employers need to be open to job seekers who gained experience in non-traditional ways, do not have a college degree, or have gaps on their resume. By limiting background checks and education requirements, employers can reduce barriers to jobs and be more inclusive in their hiring practices.
While experience can certainly be a good measure for someone’s potential success, it’s not the only one. By shifting our perspective and embracing the power of potential, we can unlock a wealth of innovation, fresh ideas, and transformative growth within our businesses. As Steve Jobs, co-founder of Apple, famously said, “It doesn’t make sense to hire smart people and then tell them what to do; we hire smart people so they can tell us what to do.”