Prepare all candidates for the likelihood of receiving a counter-offer when they tender their resignation from their current employer.  Determine if counter-offers have been common at their current employer and ask them to describe to you why or why not they would entertain a counter-offer. The following points should be discussed during this conversation with the candidate: The increased money, title or responsibilities do not offset the true reason why you want to leave.  After you stay (ie: 6 months down the road), you are often confronted with the same things that made you want to leave.  You are still
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Company culture is, has and will always be important. Over the past decade it has become increasingly important to the success and overall health of your company, your people, and your customers. We will explore 3 different benefits to a company and why they are so important for a transformational company to implement and execute in 2019. Thinking about expanding your leadership team? Not without downloading our “Building Your Startup Dream Team” ebook first! 1. Retention You’ve found the top talent. Great! Now how do you retain and engage them? The answer is simple; Invest in your employees, create a sense of belonging
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You’ve likely heard the sobering statistic. Over 50% of startups fail year one. While some may see this as a warning or unwanted pessimism. Others will look deeper. Those who do will see that a top reason those startups failed was lack of leadership experience within the organization. Leadership doesn’t just come from you as the founder. It comes from those you place around you as you build your team. It all comes down to hiring decisions. Let’s explore 5 startup hiring mistakes you can avoid as you’re building that winning team.     1. Hiring Just Because You Have the Money You
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Building Progress: The Next Generation of Leadership Something that nearly every corporation will tell you that they are afraid of is the amount of soon to be open roles with a lack of sure fire candidates to carry on the torch. The cultivation of the next generation is essential to maintaining a sustainable projection. While nothing is guaranteed, corporations are doing their due diligence to protect their interests, and it starts with the emerging executives. Companies have begun to rotate recent entries through different roles. Giving them experience in multiple areas to improve their flexibility with in different aspects of
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The chance of a failed hire is a coin flip Heidrick & Struggles conducted a study of 20,000 senior executive placements and found that 40% failed within 18 months. A failure meant the executive left, was asked to leave or was performing significantly below expectations. Want more bad news? A failed hire can cost 6 times salary or more. A bad CEO hire in a start-up can doom a world-changing idea.   It’s not the search firm’s fault A perfect match doesn’t guarantee a good marriage; you must work at it. A headhunter will find the candidate who checks off
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