Blog Archive

Thursday, November 16, 2006

PEOPLE PEOPLE PEOPLE

By far the most important factor in succeeding in today's business environment is people. Those companies with the best people win. Its that simple. But why does this constantly get ingnored?

It starts with hiring process. Most companies hire when they need someone and then are in a position of weakness. The best people are not looking for jobs; they already are in a good jobs and most are happy. The best companies are recruiting and looking for good candidacy everyday. Its a culture of finding good talent that separates good hiring practices. Once you find good talent, a good interview process is critical. Candidates should go through several interviews before being hired.

Once hired, then a training program is needed. Training should be both initial and on-going. How much time does your company invest on initial and on-going training? Do you have a detailed training process? If not, why? After initial training, there should be an structure on-going training program that develops talent and the next generation of leadership.

As part of on-going training, employees should be ranked to determine who is performing and who is not performing. I use A B C. A people are the best performers and the company must have a plan to retain them. They are superstars that drive the company. B are good, solid performers and must have a plan to move them into A. C are under-performers that must be terminated.

The company must reward performers (A).

Some quotes on people:

  • Your staff is a direct reflection of you
  • Having the right people is 99% of success
  • Everyone says they want "good" people but don't have a list of skills, traits, and backgrounds they are looking for

There is nothing more important than working on and with your people. Do your priorities match this?

CJT

Copyright 2008 ChrisTapken.com. All Rights Reserved. Website Design Company: Astonish Designs