Step 2 on How to Ensure You Have the Right People to Compete in the New Economy

In our last blog, we began a discussion on the importance of having the right people in your organization to compete in your marketplace. We all know that we must have the right people resources to get business to the next level. It is clear that regardless of industry, revenue size, products or services, or number of employees, organizations constantly worry about the talent that is required to compete in this economy.

One of our clients mentioned in earlier blog said:

"When I joined we had six employees and $5 million in revenue; today we have 300 employees and over $500 million in revenue. In the beginning, I controlled all the people decisions. How do I ensure we hire and promote the right people because today we need a different type of skill and competency to compete in the marketplace?"

To help ensure you Have the Right People to Compete, Human Capital Consulting Partners recommends a multi-step plan. In this blog, we'll review Step 2.


STEP 2     Define the culture of your organization.

1. Develop a vision, mission, destination, or set of values that will become your foundation.
2. Communicate your "culture" to all stakeholders (e.g., your customers, shareholders, employees, vendors, and the community at large).
3. Hire, develop, and promote employees who "fit" into your defined culture.
4. Measure the progress against your "culture" on a regular basis through focus groups, employee surveys, and customer input.
5. Hold employees accountable through a formal performance management system.
6. Be sure senior management "walks the talk."

Stayed tuned for additional steps to help you WIN in your business.