Home Uncategorized The problem with the “Hiring Strategy”!

The problem with the “Hiring Strategy”!

“The strategy this year to increase business is to hire more sales / account managers”.

A statement frequently heard in yearly projection meetings with a very high rate of failure.

Many businesses don’t invest and focus on creating right resource management strategy and fall into trap of thinking “More people mean more business”.

This strategy often results in hire and fire culture as when companies are overstaffed, during tough times, the first sword falls on employees.

Solution: Adopting the right mindset .

Mindset #1 – Understanding that there are no businesses existing with “All the required ” resources – as no matter what few MBA books may teach, running a business with dedicated resource for each job does not make business sense in the real world.

Mindset #2– Businesses, specially startups, are more about resourcefulness than resources.

Mindset #3– The notion of hiring best talent does not exist in the real world. Managersorganisations must shift focus to find the “Right People” and then make the best out of them by training & innovation .

Like if you agree!

#GallaVichaar

#BusinessTurnAround

#recruiting #profitmaximization #investments #hiringtrends #thinkingdifferently

 

Related Articles

I used to think ONLY working hard is the key to success.

I used to think ONLY working hard is the key to success....

We all deserve a better life.

An employee who resigned to join a competitor, asked me for a...

Why do you want to work here?

“Why do you want to work here?” Doesn’t this question sound ridiculous?...

Tracking incremental progress in business is often ignored.

Tracking incremental progress in business is often ignored. Consistency and small steps...