Chapter 3 People: Building a Great Organization
People don’t care how much you know,
until they know how much you care. —Jerry Segal
I quickly came to realize how important people were to the success of our company. Your team is responsible for implementing the strategies of the organization, and they interact with your stakeholders on a day-to-day basis. Your organization is only as good as the people who are on your side. The human resource (HR) function is absolutely essential in creating and sustaining a platform to recruit, train, and nurture the employees of an organization. A great HR group can literally make or break a business. One of the keys to success of any organization is that you must place a high emphasis on people and ensure that the HR function is led and staffed by forward-thinking professionals.
Lessons Learned—People: Building a Great Organization
1.Be careful not to hire people with unrealistic expectations about the position and your company.
This incompatibility might cause them to leave after a few years. Think seriously about hiring people with from local schools or companies who have solid backgrounds and proven track records. They may reward you with superior performance and strong loyalty.
2.The rapid growth of an organization creates HR challenges and opportunities.
Some people were able to expand their capabilities to support the company. Others struggled with the new challenges associated with a larger, faster-paced organization.
I hope that you will purchase From Local To Global: Smart Management Lessons to Grow Your Business to see more Lessons Learned.
- NYU Stern Leadership Fellows
- "Preparing For Private Company Mergers & Acquisistions" PWC/Cohen Grigsby
- Goldman Sachs/New York
Presentation to Private Wealth Management
- The Business Growth Expo - Pittsburgh Business Times
- Institute for Entrepren.eurial Excellence (IEE)
- Association For Corporate Growth (ACG)
- Bloomberg: Taking Stock
- Business Talk Radio Network
- Inc. Magazine
- Business Finance Magazine