HOW AN EFFECTIVE TALENT ACQUISITION STRATEGY CAN TRANSFORM YOUR BUSINESS

Jeff Mignault • December 12, 2016

Though “Be Prepared” is the motto for the Boy Scouts, companies should also adopt the mindset as their own. Today’s business environment is littered with obstacles that must be overcome. If employees aren’t adaptable and motivated, they’ll falter at the first sign of danger. Unfortunately, you can’t instill these traits in workers with training alone. They need to bring this determination to your organization at the hiring stage.

That’s why it’s important for every company to adopt a talent acquisition strategy. This multidimensional approach allows you to find the most qualified, eager candidates on the market. Instead of simply looking for workers when you encounter a shortage, this method extends the hiring process into a constant cycle, allowing you to determine how a prospective employee will fit into your organization in both the short and long terms.

You can’t ask your employees to be prepared if you take a passive approach to your recruitment and hiring. Read on to find out how an acquisition strategy can improve your company’s talent pool.

YOU’LL RECRUIT WITH THE FUTURE IN MIND

Workers hate the idea of a dead-end job, but this concept should also repulse employers. Companies waste resources when they don’t challenge employees to adopt new roles and responsibilities. They end up spending money to hire and train new staff members while workers with more seniority flounder. Why flush money down the drain when you could hire new employees who will go on to lead the company in the future?

A successful talent acquisition strategy doesn’t just fill a company’s current vacancies. It also anticipates the skills and qualifications a business will require as it grows. Human resources managers maintain a pool of desirable prospects at all times. When a position opens up, they’re able to fill it with a qualified candidate who is enthusiastic about the company’s work.

YOUR EMPLOYEES WILL HAVE MORE DIVERSE SKILLS

You don’t get as much freedom to choose your candidates when you hire based on necessity. Candidates might not appeal to you after an initial round of interviews, but if you need to fill a position right away, you may have to settle for a lackluster candidate. Unfortunately, a bad hire can also lower your office’s productivity, take up valuable budgetary resources, and lead to many other significant consequences.

When you maintain a proactive talent acquisition strategy, you’ll never have to settle for another underachiever. They won’t just possess the skills you require, but they’ll also have abilities that will help them grow into new responsibilities. This will result in a more productive, well-rounded workforce.

MORALE WILL IMPROVE

Employees rarely want to leave a company. When they do quit, it’s usually because their jobs offer no room for advancement. A dynamic talent acquisition strategy understands that people do their best work when they receive positive reinforcement. That’s why modern hiring managers continue to meet with employees after they’ve been onboarded. These discussions allow employers and employees alike to recognize and accommodate each other’s needs, resulting in a more harmonious working relationship.

YOU CAN INCORPORATE YOUR EMPLOYEES INTO YOUR BRAND

It’s always best to hire employees who fit your office’s unique culture, but did you know that you can also leverage that environment to attract better talent? When your workplace stimulates employees and surrounds them with like-minded employees, it will look more appealing to others. You can use this in your company’s branding to build your reputation, which will make recruiting easier the next time you need to fill a position. The best talent acquisition strategies affect the entire office as much as they impact the human resources department.

Jeff Mignault
Team creating an AI policy template
October 29, 2025
Learn how to create an AI policy for your organization. Explore AI policy examples, templates, and best practices to ensure ethical, compliant use of AI tools at work.
Ontario 2025 Employment Standards compliance guide for employers reviewing new ESA rules
October 15, 2025
Learn what’s new in Ontario’s 2025 Employment Standards Act. Stay compliant with ESA updates on wages, leaves, digital workers, and job posting rules.
Magnifying glass on severance agreement
October 8, 2025
Learn Ontario severance pay rules, who qualifies, and how to calculate payouts under the ESA. Understand employer obligations and employee rights.
Laptop and home office setup representing remote work in Canada
September 25, 2025
Explore 2025 hybrid workplace trends in Canada. Learn why a remote work policy is essential, what to include, key laws, and CRA rules for employees.
Two coworkers talking in an office, representing workplace relationships and HR guidelines
September 18, 2025
Workplace relationships can create challenges around power dynamics and professionalism. Learn the guidelines and HR policies employers should implement to manage office romances.
HR manager updating payroll for Ontario’s 2025 minimum wage increase.
September 3, 2025
Ontario’s minimum wage rises to $17.60/hour on October 1, 2025. Learn how to update payroll, review contracts, manage pay compression, and communicate changes to stay compliant and support your workforce.
Image of a manager holding a trophy showing good vs poor employee relations
August 20, 2025
Learn 5 key ways to tell if your employee relations are strong, spot warning signs of poor workplace culture, and discover how pulse surveys can help boost trust, engagement, and retention.
Boss welcoming remote wo
July 23, 2025
Discover why soft skills training is essential for returning workers. Learn what soft skills are, why they matter, and how training can improve communication, teamwork, and professionalism.
June 23, 2025
Fractional HR is gaining popularity…fast. Veteran HR consultant Margaret Bailey from AugmentHR, a Toronto HR outsourcing firm explains why it’s hot, 8 business benefits and what it costs.
Small business owner worrying about HR
May 22, 2025
Is an HR department necessary for a small business? Risks and tips from HR consultant, Athina Iliadis of HR services leader, AugmentHR.