Alright, so you’ve finished your advanced degree, perhaps an MBA, but there doesn’t seem to be an opportunity for promotion in your organization. Then again, where will you get the work related experience that could be leveraged to attain a new job role in another organization? Don’t despair – take a harder look within your organization!
Often times, businesses are faced with situations they need to increase the output of what they accomplish without adding any additional cost to do so. A daunting task to say the least! During my career, I was once employed with an organization to do just that – seek out the creation of a Strategic Business unit within the existing organization, with the intent of increasing revenues to the Western Canadian Producer. Along with three other consultants, I met with numerous groups within the organization, asked questions, uncovered information and came out with possible scenarios and two business cases that could support creating revenue without adding cost to the bottom line. We were able to present the two cases to the executive and, through this exercise, the executive were then faced with the decision on which initiative or initiatives should be implemented to generate additional revenue and achieve success.
I’m often called upon to recruit a new CEO for an organization that’s been struggling with major challenges over a number of years. When the challenges result from a difficult economic or market situation, the new CEO will need to focus on process, production and productivity. However, when the abrupt departure of a former CEO triggers an executive search, then the new incoming CEO can expect to face both technical as well as much more complex people problems.
Today’s business environment is fast paced and the need to have top performers in your organization is critical. We often talk about the importance of a good functioning team; a team that works well together, understand the company’s objectives and how their own performance and deliverables affect those objectives. As leaders we know that we need to set clear goals and work with our teams so that they have the skillset and any additional support they need from us to get the job done well.
As organizations bring on new employees a great deal of detail goes into the letter of offer to ensure compensation and benefits are compelling. The business leader and HR also ensure that the onboarding process is ready to provide a smooth transition into the organization. After all, the effort and approach taken with a potential candidate is, in itself, being considered and evaluated before the final outcome is determined. It should be – word gets around! A great hire can be your best ambassador to continually attracting good people.
