Human capital is one of the most important things one needs to launch and grow new ventures. This section contains stories on recruiting and managing top talent.
Summary:
Entrepreneurs needing to motivate high-performance people must reward them for creating long-term value and satisfying customers, rather than for maximizing annual profit, argues a compensation consultant, who devised an alternative to the bonus-based performance award.
Summary:
Resources and Organizations involved in the Secretary of Labor's 21st Century Workforce Initiative.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
After realizing he needed a more rigorous hiring process in his fast-growing company, the entrepreneur author details his step-by-step interview process based on Topgrading hiring principles. This process enabled the author to recruit the best people possible for his company's top positions.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
Every employee has the potential to be an A player, says the entrepreneur author who leads a successful growth company. The key is making sure you hire the right people in the right jobs. To do this, the author describes how he used the Topgrading hiring system to hire and manage his team for growth.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
Unless you have a strong team at the top, you and your company will struggle under the weight of growth. Knowing how to select, manage and lead a Top Team is one of the secrets to growth.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
Is your business facing the need for additional man power? Does the workload or budget warrant hiring a full-time employee? If not, consider the alternatives covered in this article: temporary help services, employee leasing, professional employer organizations, and service contracting.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
The on-boarding of staff members can be confusing to newcomers. Yet, this is a time when most employees build important relationships-- riendships, in fact, that can double the chances of those new employees being satisfied at work. In excerpts from his recent book "Vital Friends", author Tom Rath shares suggestions for both formal and informal orientation processes.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
Before selling to Cintas in 2006, Shred First, the company Ray Barry helped start, had grown into the largest independently owned shredding business in the country. Here, he explains why, from a legal and competitive perspective, a seemingly "non-critical" function like document security is actually a critical function and why outsourcing document destruction to a reputable company is the most secure, efficient, and economical solution.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
Changes in the temporary staffing industry could help you hold down labor costs--if you are willing to be a tough negotiator who shops around.
- Author:
Verne C. Harnish and Michael A. Mahoney
Summary:
This serial entrepreneur shares the story of how she came to understand the importance of recruiting experienced entrepreneurs to her board of directors. In one instance a new director advised her to hold off accepting an offer for her company, enabling the company to grow and gain value for potential sale later.