Given the huge costs involved in training talent, most start-ups hire ‘experienced’ individuals who can deliver from Day One. “But given the dynamics of the current start-up ecosystem, even ‘experienced’ individuals need to be re-trained time and again,” say experts. A talented workforce which is ‘agile’ showers multiple advantages over a start-up. “Talented people attract other great talent, while average talent attracts mediocre people, which will ultimately lead to a downward spiral for the start-up. “Second, encourage the talent to acquire those skills in cost-effective ways such as internal cross-training, free online courses.” He says at Shorebird Technologies, they keep upskilling by challenging employees to do bigger things.

Source: dna July 17, 2017 01:52 UTC