Meaning behind the search for the purple squirrel

Assignment Help Business Management
Reference no: EM132541553

Attracting and selecting the right talent is critical to a company's success. For tech companies, the process is even more critical since it's the knowledge, skills, and abilities of their employees that determines these companies' efficiency, innovation, and ultimately, financial achievements. So, how do companies like Google and Facebook and even IBM and Microsoft attract the talent they need? As you'll see, these companies use some unique approaches.

In trying to attract qualified candidates with technical skills and knowledge to consider a career at IBM, the mature tech company brought its Watson computer that beat two former Jeopardy champions in a televised match to Carnegie Mellon's campus where students got a chance to challenge the computer during a symposium on Watson.

Modis, a global provider of IT staffing and recruiting, has an interesting philosophy about searching for talented tech types. As pressure has mounted on businesses to find qualified employees, the search for the "perfect" candidate has become increasingly competitive. This company calls this "search for perfection the quest for the 'purple squirrel.'" Sometimes you just have to realize that, like the purple squirrel, the "perfect" candidate isn't available or doesn't exist. But that doesn't mean you don't try to find the best available talent. How do some of the big tech names spot talent?

For "mature" tech companies like IBM, Microsoft, and Hewlett-Packard (H-P), the challenge can be especially difficult since they don't have the allure of start-ups or the younger, "sexier" tech companies. So these businesses have to "pour on the charm." Take IBM, for instance. After its Watson computer beat two former Jeopardy champions in a televised match, the company hauled the machine to Carnegie Mellon, a top school, where students got a chance to challenge the computer. IBM's goal: lure some of those students to consider a career at IBM. H-P is using the pizza party/tech talk approach at various schools trying to lure younger students before they get "snatched away by other  tech companies and start-ups." Microsoft, which was once one of those start-ups, has sent alumni back to schools to promote why Microsoft is a great place to take their talents. And it also hosts game nights, final-exam study parties, and appbuilding sessions and other events to try to lure students.

For companies like Facebook and Google, the search for talent is still challenging because of the increasing demand for and limited supply of potential employees. So even these companies have to be creative in spotting talent. Google, for instance, found they had been looking at resumes too narrowly by focusing (as expected) on education, GPA, and even SAT scores trying to find those candidates with the highest IQs. But they found that some of those so-called geniuses weren't as effective on the job as expected. So, they began to "take a wider view." Rather than looking at resumes the "traditional way, from top to bottom," it began to look "upside down" at resumes, trying to find some "rare, special attribute that could point the way to greatness." Facebook found that old-fashioned hiring channels weren't getting the talent it needed fast enough. So it tried online puzzles and programming challenges to attract and spot talent. It was an easy, fast, and cheap approach to get submissions from potential candidates.

Despite these unique approaches, it's also true that younger tech companies, like these and many others, have a built-in appeal for candidates primarily because they're what's "in" and what's "hot" right now. Also, in many of the younger tech companies, there's no entrenched bureaucracy or cultural restrictions. If an employee wants to come to work in cargo shorts, t-shirts, and flip-flops, they do. In fact, what attracts many talented employees to companies like these is the fact that they can set their own hours, bring their pets to work, have access to free food and drinks, and a variety of other perks

QUESTIONS

1. What's the meaning behind the "search for the purple squirrel" in relation to spotting talent? Is this relevant to non-tech companies, as well? Discuss.

2. Do you think "mature" tech companies are always going to have a more difficult time attracting tech talent? Discuss.

3. Put on your "creative" hat. You're in charge of HR at a tech start-up. What suggestions can you come up with for "spotting talent?"

Reference no: EM132541553

Questions Cloud

Discuss security and discuss punishment : Are we giving up on any hope of rehabilitation when we put someone in a supermax prison? Discuss Security? Discuss Punishment?
Main deficiencies of the leader-follower relationship : For the leader looking to employ the "successful" leadership style, what are the main deficiencies of the Leader-Follower relationship?
What are your thoughts about the strategic planning : Strategic planning in health care organizations involves outlining the actionable steps needed to reach specific goals (Regis College, 2019).
What the total budgeted factory overhead for october is : Davey Corporation,If the budgeted direct labor time for October is 6,000 hours, then the total budgeted factory overhead for October is
Meaning behind the search for the purple squirrel : What's the meaning behind the "search for the purple squirrel" in relation to spotting talent? Is this relevant to non-tech companies, as well? Discuss.
Calculations from blood splatter lab goes to court : The case used in the calculations from the blood splatter lab goes to court. You are called to give evidence on you findings from the blood spatter.
State what modes of communication were effective : Communication with the elderly can be challenging. State what modes of communication were effective and which modes were challenging. Explain why.
Compute the fixed overhead budget variance : The company's production manager stated that 'Favourable variances are good news and therefore, require no investigation'. Do you agree?
Evaluation of the costs and benefits : An evaluation of the costs and benefits of the organisation development plan as per the scenario information and your overall evaluation of the benefits

Reviews

Write a Review

Business Management Questions & Answers

  Website of christian apologist william lane craig

Advances in neurology and the human brain continue to discover the very biological foundations for our belief in God and alleged spiritual (or mystical)

  Four steps of the sum-of-products algorithm

What are the four steps of the sum-of-products algorithm?

  What practices are same across three countries

What practices are same across 3 countries? What practices are different? What allows for these similarities/differences?(culture, legal, political,instutional....)

  Managing diverse workforces

Discuss how do you manage diverse workforces in different nations to achieve maximum productivity? Please provide examples and references.

  Write a java program that allows a user to input words

Write a Java program that allows a user to input words at the command line. Your program should stop accepting words when the user enters STOP.

  Dedication of efforts to the organization

There are many aspects to fulfilment within a job and the dedication of efforts to the organization. Job satisfaction, commitment and involvement

  Find risk & cost associated with redesigning an organization

Throughout times of change, one of the 1st things some leaders do is to reorganize or redesign their organizations. Discuss and explain the advantages and disadvantages of redesigning an organization?

  Outline the cost variance and schedule variance

When looking at the life of a project plan, it is useful to graph and outline the cost variance (CV), and schedule variance (SV).

  Increasing leadership and organizational effectiveness

"The learning organization" and "Competing for the future". How do these theories showcase leadership in modern organizations.

  What are organizational behaviors

What are organizational behaviors that can help a business succeed?

  What is better for changing behavior of businesses

What is better for changing behavior of businesses in handling their products' environmental impacts-the stick of regulations or the carrot of programs and incentives? Explain your answer.

  Explain outcome of the buffalo creek disaster case

Explain What is your personal reaction to the outcome of the Buffalo Creek Disaster case

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd