In my neighbourhood, a chain of pharmacies is aggressively campaigning for new customers by offering many attractive services, including freebies. I decided to give them a try and walked in to fill a prescription. Imagine my shock when I found that they dispensed a different medicine to me! Fortunately, I was able to recognize it from its color and shape, because I used it before. If I did not know how it looked, I could have faced serious problems. For sure, I will never go back to them again. If such issues repeat with other customers, the business will probably never reach the high goals for expansion and growth it set for itself.
The pharmacy jeopardized its expansion plans because it failed to identify and properly train its employees. I am sure everyone has had similar experiences with businesses that promise big but deliver little. Talent holds the key to a company’s attainment of its goals and growth plan. So, creating a hiring plan to find the employees who can support rapid growth is crucial to a company’s business strategy and ultimate success. A company’s workforce needs to represent its core values, culture and mission and be a part of its overall business strategy.
Making a Hiring Plan:
Any hiring plan starts with taking stock of human resources already in place, and how well they promote the company’s interests. In many companies, workforce planning is conducted by each individual function, with the number of workers defined by the size of the budget. In many others, the Finance organization specifies the total number of permanent employees. Direction regarding the use of non-traditional worker arrangements tends to only arise when cut-backs are warranted. In these cases, line managers are usually told to reduce their permanent staff by a specified percentage, and eliminate all non-employees. This is an archaic approach that is all too often at odds with achievement of the business’ goals. To develop a workforce plan that is directly tied to your business objectives, ask and answer some hard-hitting questions:
Any hiring plan you make will succeed when you take the trouble to consider the factors detailed above. Knowing your priorities and understanding the critical aspects in hiring can impact the performance of your new recruits, and affect their willingness to stay on with you.
Issues with the 2015 Employment Market:
Strategies to Hire:
In this dynamic and uncertain environment, companies should take a strategic approach to workforce planning.
By deciding to hire temporary workers through a staffing agency, a company can reduce the costs of recruitment, hiring and training. It could also help to manage peak requirements while saving on expenses when there is a lull in activities.
Many times, preparation is half the battle and if we fail to plan right, we may end up drawing ridicule for planning to fail. So, have you formed a strategic hiring plan for 2015 yet?
Mail (will not be published) (required)
five × = 30
Thanks for Subscribing to DCR Blog.