SME Get Best Out of Fresh Talent Beat the Biggies - OR be a Big one quickly....
Its always a tough challenge to build a great team with your value systems in them. SME's needs that simple and small effort with least investment to help them to reap the benefits interms of Revenue value.
To achieve the Revenue and Profit margin, It may be relatively easy and the best way is to look at the fresh talent who
- Can be moulded
- Trained the way we do business
- Can contribute by bringing the fresh pespective & creative talent
- Can be a very long-term pillar for organisation if retained well with a growth mantra.
One of the best way is to build a Management Trainee / Graduate Trainee Scheme. Lets examine some of the inputs to get maximum out of the effort.
Its always a tough challenge to build a great team with your value systems in them. SME's needs that simple and small effort with least investment to help them to reap the benefits interms of Revenue value.
To achieve the Revenue and Profit margin, It may be relatively easy and the best way is to look at the fresh talent who
- Can be moulded
- Trained the way we do business
- Can contribute by bringing the fresh pespective & creative talent
- Can be a very long-term pillar for organisation if retained well with a growth mantra.
One of the best way is to build a Management Trainee / Graduate Trainee Scheme. Lets examine some of the inputs to get maximum out of the effort.
- Generally The efforts in grooming vs the value is 1:10 times the revenue and even more when compared to the other traditional methods of hiring.
- Create a Scheme by which the initial training process, salary and the growth as per the organisational structure for next 5-6 years.
- Create a definite assessment Tools to evaluate on a common platform
- Identify the team to execute the entire recruitment process as a project
- Design a base Induction program and also specific based on the specialisation
- Evaluate every month the progress and the 6 months evaluation interms of the value.
- Evaluate each by Revenue terms at the end of the year with proper performance mechanism.
- Record all the positive and negative experiences for future and not to repeat the mistakes(for prevention).
- Evaluate the process every year and modify as per the business needs.
Please do write your queries and suggestions to improve/acquire knowledge.
Thanks,
Warm Regards,
Reddy GR
Husys - World's Only HR Function Outsourcing / Management Company
Reach Husys for any support in this regard ( www.husys.net ).
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