Hiring for Long-Term Value

a sure-fire way to future-proof your team

abraham

Abraham Iyiola

1 juin 2023

June 1st, 2023

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Welcome to this week's edition of Workshift Weekly!

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Welcome to the final lap of Q2!

Rediscovering the magic of journaling has been eye-opening for me. It's a powerful tool that transports you to a world of your own, offering a unique form of therapy. I wholeheartedly recommend it, especially during stressful times.

By the way, I pulled today's newsletter straight from my journal. I hope you find it worthwhile!


In Today’s Edition

  • Hiring for Long-Term Value
  • How to Build a Work Culture that Aligns with People’s Values
  • This Company Raised $130M in 5 years: How did they do it? Let’s find out!

Hiring for Long-Term Value

Why was your team hired? Was it merely to fulfil organizational structure and complete tasks?

During my tenure at a startup, I encountered a remarkably diverse marketing team. It was intriguing to witness such diversity, but it raised concern within me: Were all these subunits and individuals necessary? Were they employed solely to accomplish assigned tasks, or were they hired with the intention of adding value?

In the early stages of a company, leaders seek out founding members who possess the ability to drive progress, stimulate growth, and make a significant impact. However, as a company reaches a certain point of growth, there emerges a temptation to expand primarily for the purpose of task completion. At this stage, growth tends to plateau, resulting in minimal or negligible advancement.

What if we were to alter this narrative?

What if our hiring process focused not only on filling positions but also on adding value to the team?

The return on investment in such a scenario would be remarkable.

At the conclusion of team reviews, every member becomes a significant contributor, and this sense of achievement is truly satisfying.

What is the way around this?

  • Shifting the focus from task-oriented hiring to value-driven hiring can be a game-changer.

Instead of simply filling positions, you can adopt a strategic approach to attract and retain talent that aligns with their long-term goals and contributes meaningfully to the team.

To navigate this shift, conducting a thorough audit of both skills and personalities becomes essential. Evaluating candidates based on their on-paper qualifications and experience is a starting point, but it should be complemented by assessing their compatibility with the company's culture and values. A candidate who possesses the necessary skill set and exhibits a strong cultural fit is more likely to thrive and contribute in the long run.

  • Additionally, investing in training and development programs can bridge any skill gaps and empower employees to reach their full potential.

Prioritizing a growth mindset within the organization allows individuals to continuously learn and adapt, resulting in improved performance and long-term success.

  • Creating a culture of accountability and recognition further reinforces the value-driven approach.

When every team member is acknowledged as a significant contributor, it fosters a sense of ownership and pride, motivating them to consistently deliver their best work.

By embracing this alternative hiring perspective, you can unlock the full potential of your teams, drive sustainable growth, and cultivate a work environment where every member adds value beyond mere task completion.

I’d like to know what you think about this hiring approach. Share your thoughts with me using the button below:


COMING UP

Counting down to Workshift 2.0!

Join us this June for the highly anticipated second edition of Workshift with CareerBuddy, where we will delve into the power of Employer Branding as a premium tool for attracting top candidates and making the right hires. Gain valuable insights and strategies to strengthen your organization's brand and enhance your ability to attract top talent.

P.S.: We are only admitting 100 participants and more than 50% of the seats are taken! So hurry now to register.


SPECIAL FEATURE

Quit Guessing Your Content Strategy

In a landscape dominated by generic data and subjective opinions, the foundations of most content strategies often fall short. However, MarketMuse’s pioneering AI revolutionizes the paradigm by meticulously scrutinizing every facet of your website. Using a comprehensive analysis, they deliver profound and personalized insights that transcend the limitations of traditional approaches.


CORPORATE CULTURE AND TEAMS

How to Build a Work Culture that Aligns with People’s Values

Your company culture is a set of goals, attitudes, practices, and values that make up your organization. It is what distinguishes your company from another. It is why people may prefer a certain company’s modus operandi to another and eventually quit working for a company or department and move to another that resonates with them.

To avoid making mistakes in your organization and losing great talents, this article will guide you on how to build a company culture that aligns with the values of your employees.

Additional Resources:

Discover a wealth of valuable resources tailored for employers in our extensive blog library. Here are a few handpicked snippets just for you:

Access our Human Resource Guides

Access our Job Descriptions Directory

Access our Interview Questions Directory


AS SEEN ON TWITTER

This Company Raised $130M in 5 years: How did they do it? Let’s find out!

Twitter has become a school with endless resources, every week I will be sharing useful tweets that will be beneficial to you as you continue to build amazing products. Click on the images to view the thread.


MEME OF THE WEEK

Source


AI TOOLS OF THE WEEK

AI Tools you should be using to make your work easier

  • Chatfuel - AI-powered chatbot platform: elevate customer support and sales

  • tl;dv- The meeting recorder that transcribes & summarizes your calls with customers, prospects, and your team.

  • Bright Eye - Multipurpose, all-in-one AI app to generate text, image, code, story, poem, and to analyze image and text, and much more.

  • Cody - The world’s first AI employee

  • Any Summary - Saved time by summarizing documents


QUOTE OF THE WEEK
“In business, you don’t get what you deserve, you get what you negotiate.”

– John Mariotti, The Enterprise Group

ABOUT CAREERBUDDY

Hire Smarter, Not Harder

At CareerBuddy, we make hiring seamless for fast-growing companies, we pride ourselves on knowing the best people that will excel in a Startup. With a candidate retention rate of 90.3%, it is safe to say “We are the best in the game for Startup hiring in Africa”.

We have worked with our partners to hire both for Technical and Non-Technical roles,  we have also helped them with expansion in Africa. Some of our clients include Bamboo Invest, Helium Health, Cassbana, Cadana, Fincra, CrowdForce, Casava, TeamApt, Sabi, etc.

Are you hiring at the moment? Contact us

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