12, June 2015: A company is only as good as the people working for it. After all, the most exceptional enterprises build an environment that is conducive to attracting and retaining the right people to help grow their businesses talent that shares the company’s vision and fits its culture, says [insert your name here], head of World Class Enterprise, located in Hefei, China.
“What you may not know is that it’s important to have a separate hiring and retention strategy for every stage of development,” said head of Class Enterprise.
As distinct as night and day are, so is “emerging” from “leading”, and according to the head of Class Enterprise, it really takes an exceptional company to invest in their employees, nurturing their talent and helping them develop skills to match the demands of the business during each different growth phase.
Concerning an emerging enterprise, Class Enterprise, explained that in order to ensure an enterprise’s survival, such enterprises will build strong leadership teams capable of laying the foundations of corporate culture and driving the business forward.
“From the very start, the company should establish competitive benefit plans and incentives tied to key performance benchmarks, and set up a basic HR function to support the business needs,” noted the World Class Enterprise’s spokesperson.
As it relates to rapid growth, however, the spokesperson said that once a business is experiencing rapid growth, managing the turnover of people and preparing for future expansion both rank high on the agenda.
Therefore, the source said it would be advisable management quickly identify the next generation of leaders from among the existing workforce, implementing structured development programs to enhance their skills and encourage retention.
“Remuneration packages offering share options and performance bonuses will help attract exceptional new people, including professional managers, who share the belief in the future success of the business,” noted the spokesperson.
Among the challenges the next generation marketers leaders will be facing, according to the source, will be the retaining of an entrepreneurial spirit in a regulated corporate environment. However, the source noted that in light of that, the best companies should not lose sight of the values and culture that have served them well.
“The key here is in investing in internal communications so as to keep the values alive, and seek new hires who demonstrate these values during the recruitment process,” said the World Class Enterprise spokesperson, who believes that exceptional enterprises link their people strategies to clear business objectives and fill any leadership gaps with experienced, global management to take the business to the next level.
In completing the circle of exceptional enterprises that builds an environment that is conducive to attracting and retaining the right people to help grow their businesses talent that shares the company’s vision, the source pointed out the following questions to ask oneself in an effort to ensure the competitive edge is maintained in the war for talent:
- Why do our best people choose to stay with us in such a competitive marketplace?
- How can we attract people from market-leading businesses?
- What values underpin our culture, and how do our employees embrace them?
“In today’s battles for top talent, it’s important to continue to ask these questions as your company grows,” concluded the World Class Enterprise source.
For further information, contact::
World Class Enterprise
Address: Singapore Garten Stadt A-1-3,
230088 Hefei, China
Website: http://www.worldclassenterprise.com/