Merita Consulting

Skills First

In the ever-evolving landscape of business, one truth remains constant: a company is only as strong as its workforce. This is where skills-first hiring and promoting come to the forefront, offering a means to fill positions and a catalyst for driving your company’s growth. When you strategically hire for skills, you open doors to enhanced innovation, heightened productivity, and an overall surge in business success.

Skill Definitions

Determining the skills for each role is a critical first step in building an adaptive workforce. These definitions are the foundation for your job descriptions, job postings, career pathways, and workforce development programs, all of which provide the platform for implementing a skills-first hiring and promotion program.



Skills Assessments

Skills assessments are crucial to the skills-based hiring process. They are the litmus test that helps employers determine if a candidate’s abilities align with the role’s requirements. Yet evaluating technical skills alone is not enough.

You must embrace a holistic approach to skills assessments to find the perfect fit for your team.


Capital needs for web-startups in question

Posted on by Dwayne Nesmith

In Web start-ups snub the big money, the International Herald Tribune suggests web start-ups will continue to use less capital. This is a trend that should be expected to continue for a few if not spread to many companies in the space.”By then, Meebo was being courted by venture capitalists, but it decided to take a modest $100,000 from three angel investors, people who typically contribute small amounts and make few demands.

“We had a bunch of VCs talking to us about potentially putting more money in,” Sternberg said. “We said no. A lot of things happen when you raise a VC round, and they really slow you down.”

Eventually, Meebo did raise money from venture investors – about $3.5 million from Sequoia Capital. But that was after the company was well on its way to showing that its service was a hit with consumers. At the time, Meebo had about 200,000 daily log-ins.”

– Original Nov. 2006 post updated
Is the recent news of tech and media startups needing less capital a trend or a passing fad? There have been some noteworthy articles in recent weeks suggesting it is a combination of the two. I recommend reading both Tom Evslin’s Web 2.0 – Greater Initial Investments Required and Fred Willson’s that the technology cost will remain low, both covered in the Random Connections Web 2.0 – A Bubble, Hype, for the Lucky Few?