2024-02-16 02:05:29
Selection processes for executives
Gestión spoke with Ignacio Brain, general manager of Page Group, who mentioned the differences between a selection process for an executive and a junior position. What differentiates them?
“These processes have variations, mainly due to the level of responsibilities that the executive role will assume, since they will have to lead teams, make strategic decisions regarding the direction of the organization, among other directive or management tasks,” he noted.
For this reason, he highlighted that the processes for executives require a more detailed validation in terms of experiences or skills: “It is expected that these profiles have a history in previous similar roles, which allows them to contribute a strategic and enriched perspective to the business.”
Executives have a different selection process than other positions. Photo: Freepick
Assessment Interview: what does it consist of?
This type of selection process includes psycho-labor evaluations based on competencies, potential evaluations, DISC tests (behavioral self-assessments), among others; with the aim of ensuring that the ideal profile is in the correct position.
According to Brain, these types of tests are highly relevant and are demanded by organizations.
It is also evaluated that the executive has links to the organizational culture. The profiles can be adapted with the soft skills and appropriate techniques, but it is essential that the executive role understands and shares “the vision and values of the company, since, as a leader, you must represent it on behalf of the organization internally.” and external.”
READ ALSO: Personnel Selection: AI and psycho-labor tests change the hiring dynamic
Soft skills that these positions must possess
- Self-awareness and listening skills: the ability to be introspective is prioritized, allowing the executive to identify their strengths and areas of development to continue evolving. At the same time, you receive clear and concrete information to adapt to the context.
- Organizational vision: you must analyze a problem in which you have to choose between various alternatives, in order to maximize the expected value as a result of the action. Additionally, you must understand environmental changes, market opportunities, competitive threats, and your own company’s strengths and weaknesses to make the best strategic response.
- Agile leadership: is the ability to identify the talent and style of each of the members of your team in order to direct them to achieve organizational goals. It has the ability to generate spaces for discussion and collaborative work, in such a way that the key pieces come together to generate quick actions, providing solutions to the challenges that arise for the organization.
- Diversity and Inclusion: is the ability to understand and integrate multiple cultural frameworks, as well as value schemes and norms. Have a global vision in favor of organizational culture and diversity, recognizing the contribution that this can bring to organizational competitiveness and sustainability.
According to the Page Group executive, 20% of candidates meet these skills, but more and more executives are focusing on developing these competencies.
The labor market requests executives with soft skills. Photo: Freepick
READ ALSO: Soft skills: five skills that the labor market requires in 2024
Digital skills necessary for 2024
Just as companies expect soft skills in executives, they also request digital skills, even more so with the arrival of artificial intelligence and new technological tools for each sector.
Angie Álvarez, CEO of Scouter: Recruitment and Career, mentioned that “companies are looking for professionals who have solid skills in key areas such as data analysis and the use of analysis tools, such as Python, R and Business Intelligence tools.”
The specialist commented that advanced knowledge is valued in emerging technologies such as AI, machine learning, Internet of Things (IoT) and blockchain, which are radically transforming the way people work.
“Professionals who can keep up with the latest technological advances will be the ones who lead the way to business success in the future, because the environment is increasingly digitalized and competitive,” said Álvarez.
Just as specialists with digital skills are required, tools or software are also requested to streamline processes and achieve business objectives. Along these lines, Yeinisbel Vargas, Marketing leader at Defontana Peru, specialist in digital marketing, explained what the key trends will be for 2024:
- Intelligent automation: Business process automation incorporates technologies such as artificial intelligence and machine learning. Companies will adopt solutions that computerize routine tasks, allowing employees to focus on higher-value activities.
- Advanced cybersecurity: basic level knowledge, up to cybersecurity experts, are also a priority due to the high threat of cyberattacks on companies. Enterprise solutions will integrate advanced security measures, such as real-time threat detection, to protect sensitive data and ensure business continuity.
- Real-time data integration: The demand for instantly updated information will drive the adoption of solutions that enable real-time data integration. This will facilitate more agile and accurate decision-making based on up-to-date data.
- Predictive analytics and Business Intelligence (BI): BI tools will evolve towards predictive analytics, allowing companies to anticipate trends and make proactive decisions. They will focus on providing deeper insights from large volumes of data, supporting strategic decision making.
- Sustainability and social responsibility: Companies will seek business solutions that promote sustainability and social responsibility. The software will incorporate functionalities that allow companies to measure and improve their environmental impact, as well as comply with ethical business practices.
Digital skills and software management are requirements to hire an executive. Photo: Freepick
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Sectors and the profile of executives that require
Regarding the industrial sectors, Agro and mining; and Banking, Insurance and Financial Services are the sectors that request the most executives. This is because “agriculture is in constant transformation, mining is the engine of the Peruvian economy, financial services because they involve the digitalization of processes and the use of new platforms,” said Ignacio Brain of Page Group.
Meanwhile, Angie Álvarez adds up the requests from each sector:
- Information Technology: The need for professionals with solid knowledge in software development, network administration, and cybersecurity is insatiable. These skills are the backbone of modern technology infrastructure, and companies are constantly seeking talent capable of driving innovation and maintaining the integrity of their systems.
- Banking, insurance and finance: particularly in fintech, is undergoing a radical technology-driven transformation; from the development of mobile applications for banking to the implementation of digital payment solutions. Professionals with experience in digital technologies are actively sought to stay at the forefront of innovation and offer more efficient and secure services to their clients.
- Manufacturing: from supply chain automation to production optimization through data analysis. Companies are looking for professionals with skills in technologies such as the Internet of Things (IoT), robotics and advanced analytics to improve the efficiency and quality of their operations.
- E-commerce and digital marketing: Due to the increase in online shopping and the change in consumer habits, professionals with experience in website development, consumer data analysis and digital marketing strategies are sought to increase their presence in line and improve customer experience.
- Healthcare: The adoption of technologies for telemedicine, electronic health record management and clinical data analysis is transforming the way healthcare services are delivered and managed.
Different sectors request these new executive profiles. Photo: Freepick
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