Simply put, without the right talent, companies naturally cannot deliver on their business objectives and keep their shareholders and customers happy!
When launching a new start-up or running an existing business, there is a never-ending list of problems and tasks that demand your full attention. The last thing you want to worry about is trying to hire new people for your team. But there comes a point when wearing multiple hats becomes not only impossible but rather inefficient.
You’re missing growth opportunities. You have sufficient financial resources to pursue new business, but your staff can’t handle the stepped-up workload it would entail, so you wait instead of growing.
Hiring new employees is one of the most critical steps needed to grow and expand your company, but it’s not going to be easy trying to recruit for these positions on your own. It takes a dedicated resource to locate, recruit and ultimately hire the best talent for your position and company. Finding people that connect with your vision and culture is essential to growth.
You Never Have Enough Proactive Time. As an entrepreneur, you are always battling dividing your efforts into proactive time versus reactive time. Recruiting is a proactive exercise. It requires effort and energy from the entrepreneur to generate candidate flow, interview, check references, and on-board.
A recruiting partner can engage your candidates throughout the process so they stay invested and help expedite the process in several ways—from prescreening, to accessing an existing candidate pipeline, to using data-driven methodologies that can help you find candidates and make decisions on your new hires faster.
Too many entrepreneurs don’t actually know how to interview well. Further, they’re not experienced at assessing their current human capital needs, analyzing the gaps of management team members, and then understanding the market and how to fill the gaps. Good recruiters are invaluable in this regard.
When competition is fierce, bringing in a knowledgeable recruiter can be your key to winning over top talent when others can’t. A recruiting partner can bring value by recruiting passive candidates and by helping to communicate things like company culture, which is essential when recruiting top talent.