Follow the Leaders
Top 10 Blog Posts of 2023
Each month we work hard to bring you content of interest to you and news you can use. From tactical takeaways to strategic planning to CEO profiles that intrigue, here are the most-read stories of the year.
What kind of content would you like to see posted to vaceos.org? More CEOs profiles? More business tips? Is there a specific topic you would like covered? Please, let us know!
10. Hyper Sales Growth with Jack Daly Recap
World renowned speaker Jack Daly energized a dedicated group of business leaders and their teams during our Fall Leaders Conference in September as they gained valuable insights on accelerating revenue and sales. Check out the fun and keep an eye out for our 2024 FLC with Marcus Sheridan!
9. Virginia CEOs Concerned by Increasing Interest Rates and Bank Failures
Virginia small and medium-sized business CEOs expressed concerns over rising interest rates and bank failures our first Economic Outlook Report of 2023. How did their predictions play out? Did you have the same concerns for your business?
8. This Year, Focus on People to Grow and Prevent Setbacks
Discover top tips from 8 VACEOs Forum leaders to develop your HR strategy whether you’re seeking new talent or the best practices to strengthen your current team.
7. Cashflow Forecasting – A Vital Tool For Your Business
Accurate and proactive cash flow management is essential for a business to achieve long-term success and sustainability. Read about the many advantages of cash flow forecasting in this piece.
6. AI-Powered Automation to Transform Finance, HR, and Sales
Artificial Intelligence took the (business) world by storm in 2023 and the range of its use is continually explored each day. In this post, uncover the possibilities CEOs could meet in the fields of finance, HR, and sales as AI seeps into every discipline.
5. VACEOs Member Profile: Philip O’Connor
Get to know SPARK Product Development’s CEO Philip O’Connor as he tells us about his journey and experiences in his entrepreneurship. What podcasts does he listen to? How is he active in the Richmond community?
4. Barrett Named Regional Executive for Richmond
VACEOs was excited to have Dave Barrett join our team as Richmond Regional Executive. He has enthusiastically expanded the reach of the VACEOs mission to Central Virginia CEOs in more ways than one in his 20+ years with the Council.
3. Roundtable or Forum. What’s the Difference?
New to the Council and aren’t familiar with our lingo? Or maybe you’ve been a member for a while and still aren’t sure what differentiates a roundtable and a forum group? The answer is here!
2. VACEOs Announces 2023 Board of Directors
We are thankful for the dedication, drive, and energy the 2023 cycle of our Board of Directors as they served VACEOs to evolve this past year. Keep an eye out for 2024 Board of Directors announcement and what they are looking forward to in the Council’s future.
MOST POPULAR READ OF 2023
Spring Retreat 2023 Photo Gallery
2023 Spring Retreat at the Hotel Roanoke was a huge highlight for VACEOs members and sponsors. Relive all the fun, learning, and growth through some of our favorite photos in the mountains. Register and learn more about our 2024 Spring Retreat at The Greenbrier May 1-3 here.
2024 Innovative Recruiting Strategies
Attract the right talent for your organization
“Previously, people were typically looking for work if they were out of work or unhappy with their job. Now, there is an ‘always on’ perspective.”
– Dan Shapero, HR Magazine
Your Workplace Looking Forward
In the dynamic landscape of human resources and recruiting, embracing innovative strategies is essential to attract and retain top talent in 2024. Job seekers are empowered to make informed decisions with access to so much information through company reviews, salary benchmarks, and a deep understanding of the job market landscape. To stand out in this competitive environment, recruiters must be authentic, transparent and put thought and effort into marketing their organization. The points below provide a summary of what is needed to develop a comprehensive recruiting strategy to help you get noticed when recruiting. The key is to embrace change, innovate, and align your recruiting strategies with the evolving expectations.
1. Recruit with a marketing mindset
Actively communicate why someone would want to work and grow their career with you. Know your Employee Value Proposition (EVP) and incorporate it with the company brand in the job description. Provide an inward view of working at your company by showcasing your culture, values, and employee experiences on social media platforms along with fresh and engaging content. Brand image heavily influences how candidates perceive your company. Lastly, keep an eye on employee review sites to make sure you are being represented favorably and/or addressing any negative comments– happy employees attract top talent organically!
2. Prioritize Diversity, Equity, Inclusion and Accessibility
Diversity is fundamental to attracting top talent. Commit to creating an inclusive workplace where diverse voices are valued. Promoting your commitment to equality reinforces a culture that nurtures inclusion. Make sure you are accessible to all by having accessible facilities, the ability to adapt technology when needed, and programs that guarantee equal opportunities for individuals with disabilities.
3. Emphasize Purpose and Impact
Today’s candidates seek more than just a job; they want a sense of purpose and contribution. Highlight your organization’s mission, values, social impact, and how each role contributes to your goals and social impact.
4. Personalize the Candidate’s Experience
Each candidate is unique, and a personalized experience matters. Tailor your recruitment process to resonate with the individual. Personalize your communication and feedback to develop a candidate-centric approach. Be timely in your responses and transparent about the recruiting process by sharing the anticipated timeline and what is to be expected. This effort reinforces your commitment to a workplace culture that prioritizes employees. When applicable, host the top candidates for in-person interviews.
5. Promote a Flexible Work Culture
Our workplace dynamics have been reshaped. Remote work, flexible schedules, and hybrid models have become the norm. Embrace flexibility in work arrangements to attract top talent seeking a better life-work balance. Clearly define how your organization supports life-work balance.
6. Clearly define the job, compensation, and benefits
Clarity in job descriptions, compensation, and benefits is pivotal for effective hiring. It ensures that candidates understand the role’s demands and what they can expect regarding rewards. Transparent communication about compensation and benefits attracts the right talent and fosters a positive employer-employee relationship. It also helps keep you legally compliant, preventing misunderstandings and a satisfied and motivated workforce.
7. Leverage Technology for Efficiency
In 2024, technology continues to play a pivotal role in recruiting. Utilize HRIS and ATS tools for candidate sourcing, screening, and communication. Embracing technology tools will help streamline processes, allowing HR teams to focus on engaging and communicating with candidates throughout the process.
8. Offer Learning and Growth Opportunities
Top talent seeks continuous career growth and development. Highlight opportunities for learning, upskilling, and career advancement within your organization. Show how you invest in employee development for long-term growth. If possible, provide customized career development opportunities for the specific role you are recruiting for. An example would be tailored continuing education opportunities for accountants, HR professionals, salespeople, etc.
9. Create a Positive Candidate-to-Employee Transition
The candidate’s journey doesn’t end with a job offer. Ensure a seamless transition from candidate to employee. A well-structured onboarding process sets the tone for a positive employee experience and reinforces your company’s culture and work environment. This effort isn’t a one-day task; it’s the first step in integrating the new hire into all facets of your company and successful team members.
10. Establish a Supportive Work Environment
Cultivate a supportive work environment that values well-being, mental health, and life-work harmony. Offer wellness programs, support networks, and programs that prioritize employee health and happiness- professionally and personally.
11. Continuously Evaluate and Adapt
Recruitment strategies evolve, and what works today might need adjustments tomorrow. Continuously gather feedback, analyze recruitment metrics, and adapt your strategy to remain agile and competitive in attracting and retaining talent.
Conclusion
In 2024, HR recruiting requires a shift in perspective that embraces purpose, flexibility, inclusivity, and technological advancements. With these strategies, HR professionals and hiring managers can position their organizations as attractive destinations for top talent while nurturing a work environment that encourages retention and growth.
Contributed by Beth Williams, Warren Whitney
Warren Whitney’s HR team works with business leaders to strategically evaluate your best path forward. Our work includes strategy consulting, in-depth compensation and benefits analysis, organizational structure and planning, as well as talent management. If you have any questions or seek further clarification, please call us at 804.282.9566 or email Stephanie Ford at sford@warrenwhitney.com. We do not charge for the initial call. We want to learn more about your business needs.
MAKING POTENTIAL HAPPEN
Warren Whitney Leads Support for VACEOs
An important sponsor and partner with Virginia Council of CEOs since 2007, Warren Whitney has stepped up as Lead Sponsor of VACEOs in 2024. In this position, the firm will increase its support for the Council’s mission and engage their expert consultants more deeply in supporting the CEOs of growing Virginia businesses of all sizes.
Our mission aligns so well with what Warren Whitney does best. They help the leaders of small and mid-sized organizations overcome hurdles and grow faster. We are grateful for their long term support, and especially for leading us forward this year!
Scot McRoberts, Executive Director, VA Council of CEOs
Stephanie Ford has led Warren Whitney’s engagement with VACEOs, connecting their people and resources with our members and roundtables, referring numerous CEOs for membership, and waving the VACEOs flag wherever she goes!
VACEOs is a nonprofit organization that relies on sponsors like Warren Whitney to propel their mission of connecting CEOs for learning and growth.
Learn more about Warren Whitney.
Learn more about Virginia Council of CEOs sponsorship.
2023 Holiday Celebrations Photo Gallery
The VACEOs community came together to celebrate the holidays in Richmond, Roanoke, and Charlottesville. We at VACEOs couldn’t be more grateful to go into the New Year with such a joyous and great group. Wishing you and your family health, happiness and prosperity in 2024.
November 2023 Quarterly Luncheon
Our final luncheon of the year featured a conversation with Bill Nash, CEO of CarMax. Incoming VACEOs Board Chair and CEO of TILT Creative + Production Ron Carey did a terrific job swapping stories and learning about how Bill’s leadership and CarMax’s entrepreneurial culture have led to such success.
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