Tag

leaders Archives - SourceMatch

Why should you recruit leaders?

By | Blog | No Comments

For a company to be successful it needs to have a team that is constantly improving. This is the ultimate goal of every company: to serve the market and create valuable results. But, in order to do so, the company must have a strong team of leaders. They are the ones who inspire other people to take action by showing them the way, and taking the first steps towards a clear goal.

Be selective.
This means to be discerning when choosing certain individuals to be part of your team. When you think of adding someone to your team, get know that particular person as much as you can before doing so. The best piece of advice would be to start first with the people you already know. They are the people from your office you interact with on a daily basis. You know their skills and how they work. At the same time pay close attention to their skills and how well they use them.

Good leadership drives vision
Best-selling author and keynote speaker, Jon Gordon, believes that people follow the leader first and the leader’s vision second. If the leader is not an individual who is followed by the people around him, then his vision won’t be taken into consideration by anyone. Another important aspect is to let your entire team know the vision of the company. If they truly believe in the company’s vision the will passionately work for it. Consequently, the growth of the company will be visible. As a company you need to identify a compelling goal and, in this way, your team will be focused to work well on the assigned tasks. However, having a number of goals will not determine the engagement of your team. Their motivation to work for the company is fueled by their belief in the company’s vision.

Ask, don’t tell
Having a team of leaders means asking them questions and not telling them what to do. If you ask questions they will share their own opinions. In this way, they will be encouraged to think proactively as their responses matter to them. Seeing that you care about their answers they will be more and more involved. Every time you meet with them make sure you ask them about their insights, fresh ideas and other suggestions they might have. Your team won’t be able to develop if you are the only one who does the talking.

Nothing under the rug
An important lesson every organization must learn is this to confront the ugly. There will always be situations where employees make mistakes. The leader should understand that he can’t avoid difficult conversations. What he has to do is confront the issues as soon as possible to get things back on track as quickly as possible. It is very important how you talk with each individual and, remember, a good attitude is key. A true leader must pay attention to the attitude towards the people he is interacting with. American captain of manufacturing and magnate, the founder of the Ford Motor Company, Henry Ford used to say: Don’t find fault, find a remedy. When something wrong happens, the leader finds a way to make things work. Telling someone about a problem without giving a solution is redundant.

Be real with appreciation
Last but not least, appreciation means a lot to the employees. Knowing that someone truly appreciates the work you are doing will give you a boost to do even a better job. A leader should know that his responsibility is to motivate the individuals he is interacting with, develop themselves and aim higher. That is why, he must not use cheap compliments that do not mean a thing, but genuine appreciation.

Recruiting is key
At Sourcematch we are recruiting leaders for other companies, not just simple employees. We encourage you to do the same. In a great article in Forbes Magazine, Ken Sundhein, expressed his opinion that, although recruiting leaders may be stressful, hard and time-consuming, it pays off in the long run. In his opinion, leaders are the ones who will enable a specific organization to reach its goals.

One thing you must understand is that true leaders get things done. We are not only referring to those people who work in top management roles but in every position. You need people who think and act like a true leader. Imagine what your company would look like if your teams would be formed by leaders.

People in management roles must know that a firm lives and dies by its ability to recruit leaders. If you are a business, one of your goals is to increase the level of productivity and motivate your employees to make a quantifiable progress. You can’t do this unless you have a strong team of leaders who are able to act for the benefit of the company and with the good of the employees in mind. However, if you hire incompetent leaders, your clients won’t be satisfied and you won’t get any competitive advantage.

Thrive, don’t just survive
Business can only thrive each business when leaders don’t just replicate other people’s ideas but also create. Each business needs to be innovative so that is why you need to have creative leaders.

These are some important ideas you might want to take into consideration if you want both your company and your team of leaders to succeed.

 

Photo credit: Rawpixel on Unsplash

Inc. 5000 List – Why does it even matter?

By | Blog | No Comments

It’s not every day that we stop and enjoy milestones such as making it on the Inc. 5000 list. It’s an honor. In James Ledbetter’s (editor of Inc.) words: “If your company is on the Inc. 5000, it’s unparalleled recognition of your years of hard work and sacrifice. The lines of business may come and go, or come and stay. What doesn’t change is the way entrepreneurs create and accelerate the forces that shape our lives.” But why is it important? Why does such a list even exist?

All of it has to do with growth. Better products, faster services, more clients, higher quality, improved solutions, and win-win across the board. It’s what drives progress whether you look at the level of macro-economy or the grass roots of small businesses. This is the common denominator that Inc. uses to compile their annual Inc. 5000 list of performance among America’s top private companies. No company on this list has grown by less than 50% and for those that made the Inc. 500 list that rate is of at least 1,000%! Companies that made the list, on average, have grown sixfold since 2014. During a stretch when the economy grew around 11 percent, that’s a result most businesses can only dream of.

Job Creation
The private business sector has a significant responsibility to create jobs that not only benefit its members but also the entire economy. James Ledbetter reinforces that reality, stating that “Only about 12 percent of American companies achieve one-year revenue growth of 25 percent or more. Yet those are the companies that are responsible for half of all jobs created.”

Of course, growth comes with its challenges as it can rapidly lead to Icarus’ fate. It’s tempting to make calculated bets on incoming business and hiring people to deliver. Business leaders need however to be aware that a business can easily outgrow cash flow if it takes decisions based on too optimistic expectations.

Finding and Retaining Talent
By far one of the critical issues that organizations face, talent retention is only one side of the coin when it comes to people. With an official unemployment rate at its lowest in decades, finding candidates has become a headache for many businesses. Fast-growing companies will frequently need new staff especially if they do it proactively to meet demand when it comes. Within this context, many hiring managers make the mistake of rushing to fill jobs and fail to acknowledge the consequences of their decision in the long run. Growth, organizational culture and retention will all be affected in the process. In this type of economy, talented professionals will not hesitate to scrutinize each and every opportunity that they’re presented with which makes workplace culture so much more important.

This is why, SourceMatch recommends a 360 degrees hiring process that allows for an informed selection process that goes beyond a resume. At the same time, the current global economy presents many options and alternatives to the skills gap through remote work and inexpensive international expansion.

Technology
Not the least, the key enabler to fast growth is the acquisition and mastery of technology. Components such as social technologies, artificial intelligence, big data and advanced analytics, IoT, “anything” as a service, the fusion of digital and physical, digital commerce are all contributing to transparent and innovative business models. These no longer just support business functions, but have become the products and services that are provided to customers.

This technology revolution also brings a significant challenge as the speed of advancement forces organizations to find the best professionals to handle new and developing technologies. All of a sudden, technological literacy, programming, and digital communication become some of the most important skills that professionals need to bring to the interview table.

At SourceMatch we believe that finding the best talent is no easy fit, and is key to not just a business’ growth but the economy’s growth.

We are honored to be working with some of the leaders in various industries to help them achieve growth and greatness. Check our Case Studies Section.

Honored to be part of the 2018 Inc. 5000 List!
It is a privilege for SourceMatch to be part of this list. Being recognized for our work means a lot to us. Knowing what we do and helping our clients succeed in their projects is what makes us happy. When it comes to the recruiting process, we are always looking to improve and have great results by placing the best candidates where they are needed!

As an Inc. 5000 honoree, SourceMatch now shares a pedigree with Intuit, Zappos, Under Armour, Microsoft, GoPro, Timberland, Clif Bar, Patagonia, Oracle, Box, Grubhub, and dozens of other alumni that have gone on to become household names. In addition to SourceMatch, the class of 2018 includes powerhouses such as Peloton, Brooklinen, and Popsockets.

Photo credit: Bruno Nascimento on Unsplash