Levelling Up Your People Strategy for Key Growth

Your People Strategy?

Creating a growth plan for your business requires a clear understanding of your people strategy.?

People are the true levers that facilitate a company’s growth.?

Ensuring you have an airtight people strategy is essential for the growth of any business, as it lays the foundation for attracting, retaining, and developing the best talent. Here are some key considerations to keep in mind when creating one for your business.?

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Develop Your Company Culture and EVP?

Your company culture and Employee Value Proposition should espouse your values, goals and the way you do business. More importantly they should reflect the shift in the market for more flexibility, hybrid working opportunities and a focus on employee well-being.?

In a skills-short market, candidates are receiving multiple job offers to choose from. Your culture and how you communicate what life would be like working with you could make all the difference in attracting high quality jobseekers.?

A focus on culture will create a positive work environment where employees feel valued, respected, and motivated. This may involve promoting open communication, creating opportunities for collaboration, and encouraging a healthy work-life balance.?

What’s your company culture like and does it align with your goals for growth???

Salaries and compensation packages have shifted in the last few years so ensure you are offering a relevant remuneration package. AAI’s service includes?the latest market guidance on this.?

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Design Your Talent Acquisition Plan?

As your business grows, you will need to bring on new employees to support your expansion. Identify the skills and expertise your business needs to meet your goals now and into the future.?

We help clients identify skill gaps they might not be aware of or have been unable to identify. You may think you need a PA for the CEO when a better use of time and resources might be to recruit a more general Business Support person.??

AAI specialises in accessing diverse networks of talent. With the well-researched links between organisational innovation, productivity and profitability, lagging on team diversity risks inhibiting your company’s growth plan, especially when competitors could already be placing heavy focus on increasing and supporting diversity.?

It’s a difficult issue to tackle, but we’re here to help: [email protected].?

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Develop Your Employees?

Investing in employee development is essential for retaining the best talent and supporting business growth. After salary, lack of flexibility and development opportunities are the key reasons candidates we talk to decide to either leave or join an organisation.??

It’s not always about getting the next management role either. For many employees, development in their current role is what they want.?

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Perfecting Your Performance Management Process?

Implement a performance management system that allows you to regularly assess employee performance, provide feedback, and set goals for development for everyone in the organisation.??

When your employee joined your organisation they would have gone through an onboarding process and performance objectives will have been set, which, for both their own and the company’s growth, need to be monitored.?

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Your Personal Development and Wellbeing?

It’s vital not to forget about yourself.?

As an overstretched business owner running a company, you must have a strategy for managing your mindset and overall well-being during the process.?

Here are some ideas to kick-start the process.?

Boundaries need to be set as it can be easy to blur the lines between your work and personal life, especially in the new hybrid way of working. Set specific work times and plan your calendar so the high-priority tasks get done first. Also, remember to delegate.?

Exercise and the right nutrition are a given when it comes to improving health, though joining the 5 am club and working twelve hours a day on water and salad aren’t the answer either.?

Self-care is about saying yes to the weekend away with friends and delegating that trip to a new facility to your second in command.?

Running a business can be lonely, and it's important to have a supportive network of friends, family, and other business colleagues. This may involve reaching out to a mentor or joining a business community, coaching or mastermind group. Don’t underestimate the value of being with other business owners.?

Finally, focus on the gain rather than the gap. Far too many business owners and leaders focus on what they still have to achieve. Download this book from Dan Sullivan and Dr. Benjamin Hardy, two internationally respected business coaches, to read more about this fascinating fact we can all fall foul of.?Celebrate your success at every level.?

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Finally?

Creating a people strategy for a growing business is time well spent. By defining your company culture, identifying your talent needs, developing a talent acquisition plan with a recruiting partner (??) and creating an engaged and motivated team, you will attract, retain, and develop the talent to support the growth of your business.

As a social enterprise that has been helping employers successfully recruit diverse talent for over twelve years, let AAI do the work in getting high quality candidates through the door. Get in touch with us at [email protected].?