Lateral Hiring

Lateral Hiring is a proven strategic approach to secure skilled professionals, specifically in industries with high competition and talent shortages. Performing lateral hiring will ensure the organization’s resource requirements are met timely and efficiently. Some organizations employ lateral hiring to welcome external perspectives on operations so that insights can be drawn to improve their strategies and productivity. Knowledge transfer and mentoring can be facilitated through lateral hiring. The lateral hiring mechanism also helps in cherishing Diversity and Inclusion within the organization, as it brings professionals from diverse backgrounds and experiences. Ultimately, a lateral hiring approach can be utilized to fill skills gaps, drive innovation, and accelerate organizational growth