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This is the second blog in the series based on our eBook “Talent Acquisition Strategies for European Growth Organisations” in which we share practical insights and strategies to help you master the art of talent acquisition across different phases of the business. This blog considers the dynamics of hiring for business growth.
Hiring Beyond the C-Suite
Building a stellar C-suite is just the beginning. The challenge then shifts to hiring for growth—bringing on individuals with the right experience and qualities to drive expansion.
The growth phase requires assembling a team with the right skills and a shared cultural connection. When diversity and cultural fit harmonise, it creates an environment where each team member’s strengths contribute to collective success.
Our blog Cultivating Success: Aligning Talent Acquisition and Company Culture explores why the balance between skills and cultural fit is crucial in driving business success. We share ten strategies to help you achieve this alignment.
Evolving Business Roles
As your business evolves, so do the roles within it. Initially, the focus may be on development, engineering, and finance. Sales and marketing teams follow once the product or service is launched. As the business expands further, the need for other functional roles such as Customer Success, Product Management and Product Marketing emerge. These roles signify a paradigm shift in customer-centric strategies. Knowing when to hire for these positions is critical.
Key Roles for Growth
- Customer Success: A strategic and holistic approach that goes beyond resolving issues, focusing on customer satisfaction and retention
- Product Management: Balances user needs with business objectives, requiring a strategic mindset and strong communication skills
- Product Marketing: Connects a product with its target audience, creating compelling narratives to drive success
Breaking the Boundaries
Optimising the value derived from hires is an art that involves thinking beyond geographical boundaries. While local talent is valuable, restricting a search to a specific location risks overlooking the ideal candidate. Considering the global talent pool can be a game-changer, especially in regions where specialised talent is limited.
Embracing multiculturalism and multi-national hiring accelerates international growth and injects diverse perspectives. It is a strategic move that drives innovation and enhances the adaptability of your team. This approach broadens your talent acquisition horizons and positions your company as a global player from day one.
Building a Strong Company Culture
Developing a defined company culture has a direct impact on the ability to attract and retain top-tier talent. Communication and leadership styles, as well diverse representation, play a key role in the people landscape of the business as it grows. A proactive approach to Diversity, Equity, and Inclusion (DE&I) positively influences the organisation’s culture and serves as a talent magnet, drawing individuals who value inclusive workplaces.
A strong People leader will help you execute on talent strategies and guide the development of company core values which will form the foundation of recruitment decisions.
To achieve fast growth consider hiring individuals whose skillset spans several corporate functions. As the business matures and gains institutional investment the focus is on creating value. Senior roles become more linear and scaling the teams below becomes more critical.
Adapting for Business Evolution
As a startup evolves, so must its team. The individuals who kick-started the journey may not be the ones to navigate the scale-up phase. Recognising this reality is crucial. Startups thrive on agility, which includes making tough decisions when necessary. Indecision at the point of growth can be detrimental. Embrace change proactively, acknowledging that the skills required for a small team differ from those needed for a larger, more complex organisation.
Conclusion
Talent acquisition for business expansion demands intentional focus. Building a team with the right skills and embodying the values and culture essential for sustained success is critical. Beyond the C-suite, consider the variety of roles that fuel operational excellence and explore geo-distributed teams to bring new possibilities.
Unlock More Insights
To learn more about hiring for growth download our eBook “Talent Acquisition Strategies for European Growth Organisations”, it will help you build a roadmap for intentional talent acquisition that drives operational excellence.
FOR EUROPEAN GROWTH ORGANISATIONS
DOWNLOAD YOUR EBOOK TODAY!
Downloadthe eBook
