Growing a business to the next level requires the CEO to build a team to run the company day-to-day so he/she can focus on growing the business.
Growing the business means building the team
Growing to the next level requires new skills and additional capacity to deal with the expansion of the business. This can be achieved in several ways:
Developing existing staff
Before embarking on a recruitment exercise the first option should be to consider whether the skills of the existing staff could be developed so they can take on more responsibilities.
This potentially offers several advantages over external recruitment.
However, if after careful evaluation the required skills cannot be developed internally within a reasonable timeframe, external recruitment may then be considered as a necessary step to fill critical skill gaps.
Bringing new people to the business
Before jumping to define job titles and salaries, it is essential to analyse the business requirements to avoid jumping to conclusions and ending up recruiting the “wrong” people.
The capacity of the business to train and integrate new recruits must also be considered carefully to avoid hiring too many people too quickly and ending up disrupting an already very busy workforce.
Recruiting requires careful preparation. Here are a few suggestions based on my personal experience.
Integration and personal development
Recruiting is only the first step. Building a successful team requires careful management and integration of the new recruits when they join the business.
This starts with agreeing and communicating their responsibilities and authority to give them the freedom to contribute without having to be micro-managed.
Beyond the initial integration of new recruits, supporting and monitoring the development of the whole team and its individual members requires constant and consistent attention. This should be a high priority for the business.
I can help you
I work with overstretched leaders of Engineering SME’s to help them prepare their business so they can achieve profitable growth.
For a free 30-minute chat to explore how I could help you please use the link below to book a time in my diary.
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