In a fast pace business scenario, getting talent on board is a real tough ball game...
Q: My company will double in size over the next year, which means we need to bring in lots of employees (as in hundreds) very quickly. Hiring is hard enough at a normal pace. Any suggestion on getting it right while going so fast?
– Lars Dalgaard, Palo Alto, Calif.
A: To start with, congratulations are in order. Fir
st, on your success. And second for facing the reality that you could blow it. If there is one way that rapidly growing businesses tend to self-destruct, it is by taking on hordes of new people who cannot deliver the “goods” that made the companies take off in the first place. You seem to know that. Now you just need to know how to stop yourself anyway. Look, we know growth is thrilling, especially when you’ve worked for months, or more likely years, laying its groundwork. If you’re starting something inside a company, maybe it feels like your whole career depends on your new product or service, going from gamble to money-gusher.
For Complete IIPM Article, Click on IIPM Article
Q: My company will double in size over the next year, which means we need to bring in lots of employees (as in hundreds) very quickly. Hiring is hard enough at a normal pace. Any suggestion on getting it right while going so fast?
– Lars Dalgaard, Palo Alto, Calif.
A: To start with, congratulations are in order. Fir
st, on your success. And second for facing the reality that you could blow it. If there is one way that rapidly growing businesses tend to self-destruct, it is by taking on hordes of new people who cannot deliver the “goods” that made the companies take off in the first place. You seem to know that. Now you just need to know how to stop yourself anyway. Look, we know growth is thrilling, especially when you’ve worked for months, or more likely years, laying its groundwork. If you’re starting something inside a company, maybe it feels like your whole career depends on your new product or service, going from gamble to money-gusher.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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