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Your Hiring Strategy and Business Strategy Must be in Sync

July 31st, 2014

If your company has begun to analyze how it hires its employees, you might want to take a long look at the hiring strategy currently in place and the business strategy. If these two strategies are not in sync, then your company could be failing each time it hires a new employee. Along with using a temporary staffing model for maintaining a skilled workforce, there are four primary business strategies that must sync with your hiring strategy; product excellence, operational efficiency, customer focus and financial maximization.

Product Excellence
Companies must have a goal of offering excellent products for their customers and clients. This means that their main goal would be to turn into a market leader for the products and services they offer. This can only be achieved when the company looks for and hires employees who have this same idea in mind when they are at work each day. When a company is driven by product excellence, it cannot miss out on hiring employees who have the same drive.

Operational Efficiency
Companies that rely on their operations to keep the bottom line intact will need to hire employees who have this type of mindset. From day one on the job, these employees must be able to think on their feet, solve problems and make things happen in an instant for the company to be successful. Even at companies that are struggling, people who are brought in to fix the mess must have operational efficiency on the mind all the time to turn things around positively.

A Focus on Customers
If there are companies in operation today that do not have a focus on the customer or client, then they will not remain in business much longer. With that being said, all companies need to employ people who have a customer focus. All of their energy cannot be focused solely on the customer though. They also need to look at market share and sales growth at the company. A customer focus strategy must be implemented by the marketing, sales and advertising management teams at your company for it to work properly.

Financial Maximization
This strategy can take two routes; an immediate route and a long-term route. For companies that want an immediate return on their financial investments, they need to hire employees who can make things happen instantly. For those companies that are in it for the long-haul, they need to hire employees who will plan for the future when it comes to value.

Companies typically have a blend of two or three of these business and hiring strategies, but some do operate using all four at once. It all depends on the goals of the company and how they want to integrate their hiring and business strategies.

Have additional questions on hiring in 2014?
Contact our team of experienced recruiters today for more information on the importance of a thorough hiring strategy.

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