Bridging Knowledge Gaps for SMEs to Thrive in the Next Normal Economy

Bridging Knowledge Gaps for SMEs to Thrive in the Next Normal Economy

Hiring and developing skilled workforce talent is a major challenge faced by all companies. However, this challenge is amplified when companies receive a high volume of applicants – particularly where the company is a labor-intensive business, or growing quickly, and or facing high attrition rates (churn).
The adoption and use of virtual and digital platforms in talent management, career development and skill development pathway discovery has enabled ways to access opportunities for both employers and jobseekers. At the same time, it has also simultaneously created a plethora information that requires more time costs for employers who are inundated with candidate applications – candidates who may not have the best fit for the job posting, creating more work, time and costs for the employer (limited HR resources). As a result of the impact of COVID, the additional time and cost challenges that face and stress small and medium sized companies (SMEs) is even more amplified today, and as well the access to skilled workforce talent to meet their future workforce needs.

Faculty Supervisor:

Okan Bulut

Student:

Partner:

FutureCite Inc.

Discipline:

Sociology

Sector:

Information and cultural industries; Professional, scientific and technical services

University:

University of Alberta

Program:

Business Strategy Internship

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