Traditional HR management models determine that particular processes regarding attracting talented employees, such as recruiting and hiring, are typically undertaken based on a physical location of a given organization.
In addition, these models present a particular vision of the workplace. In this vision, employees always work in physical locations, such as offices, with strict schedules and straightforward excision between personal and professional life. Now, transitioning to a more flexible, creative, innovative, and diverse labor model has forced business owners, executives, and recruiters to rethink the hiring and recruitment process.
Also, with the fast-paced transition to remote work deepening after the COVID-19 pandemic, they must strive to hire not for where they are but for where they want to be.
In this blog post, we tell you what you need to know about how to hire for where you want to be in the future. We also explain how to prepare a growth strategy in the post-pandemic gig economy, scale your business model according to your goals, and hire remote workers.
Preparing a Growth Strategy for the Future of Work
Growing a business can be a complicated and daunting task, even for a small business owner. “When you run a business, it’s easy to get caught in the moment, always focusing on the day in front of you,” explains Max Freedman.
Nonetheless, although business owners typically face challenges, creating a growth strategy or plan is essential to make a company sustainable and prosperous. In addition, a growth strategy is an essential step to visualize yourself as a leader and founder of your own company.
Why is growth strategy so crucial? First, it allows you to work on your market share and penetration and recoup early losses. In addition, a growth strategy minimizes risks or gives you opportunities to face them. Likewise, Freedman says that a growth strategy can lead to substantial revenue.
Moreover, Indeed provides insights into what a growth strategy entails. For instance, a growth strategy can be perceived as a strategic plan to increase sales and market share.
To elaborate your own growth strategy, you need to identify your value proposition, target audience, current revenue streams, benchmarking, and establish an area of growth by conducting market research.
In this video, you will deepen your understanding of creating a business growth strategy.
Scaling Your Business Model
When you decide to grow your business and develop a plan, you will be ready for a particular challenge: scaling your business. Anita Campbell asserts that scaling is strongly linked to the capacities and capabilities of your company.
Therefore, it would be significant for you to interrogate: Does your business have the capacity to grow? What do you need to grow in terms of systems, infrastructure, and HR management?
Campbell presents five critical steps for scaling a business. We recap these steps for you here:
Evaluate and plan. This entails analyzing the functioning of your company to determine if you’re ready to scale your business model. Then you can create a strategy to increase sales and get talented employees that help you in this mission.
Find financial support. Scaling a business entails assuming costs. “Scaling a business doesn’t come free,” explains Campbell. You can contemplate investing in technology and hiring remote staff.
Secure the sales and invest in technology. When scaling your business model, you’ll need to secure the sales by having a solid CRM and incorporating technological tools to add efficiency and productivity to the workplace.
Find staff or strategically outsources. You can hire diverse and qualified talent across boundaries through outsourcing remote workers.
Hiring Remote Workers
One of the most important aspects of growing a business is ensuring that you have the right team in place. It’s difficult enough when all of your workers are in the same place, but it gets even more complex when you’re trying to hire remote employees, including virtual assistants.
There are a few key things to keep in mind when you’re looking to hire remote employees. First, it’s essential to clearly define the role you’re looking to fill and the required skills.
This will help you narrow your search and find candidates who are a good fit. In addition, this will make more straightforward the process of sourcing candidates.
Once you’ve identified a few potential candidates, be sure to interview them over video call to get a sense of their personality and whether they would be a good fit for your team.
We suggest you conduct behavioral job interviews to understand how your candidate will behave in particular situations.