"The basic resource in any company is the people. The most successful companies and the most successful countries will be those that manage human capital in the most effective and efficient manner."
Nobel Prize-winning economist Gary S. Becker
Corporations are recognizing the importance of investing in their employees now more than ever before. Companies are beginning to understand that to stay on top in the global aerospace industry, they need to place more and more emphasis on developing and retaining their people.
Recognition that people in organizations and businesses are an important and essential asset who contribute to development and growth, in a similar way to physical assets such as machines and money. The collective attitudes, skills and abilities of people contribute to organizational performance and productivity. Any expenditure in training and development is an investment, not just an expense. Competition is so fierce and change is so fast, that any competitive edge gained by the introduction of new processes or technology can be short-lived if competitors adopt the same technology. But to implement change, their people must have the same or better skills and abilities.
At the executive level, identifying candidates with proven leadership and operations management skills is a priority. Success at this level requires experience of managing diverse groups and multiple projects while driving results.
In today's business climate, attracting and retaining the best employees is very difficult. The reason is a combination of the change in business practices and the shift in employee attitudes. Therefore companies need to take a more strategic and supportive approach to recruiting and retention if they want to find and keep the new breed of evolving talent.
AeroDNA has embraced these Human Capital challenges and has developed a global solution tailored for the aerospace industry through its network of recruitment specialists, executive leadership programmes and technical classroom and on-the-job training.