As companies vie with one another to become an employer of choice, working to become one of those organizations to whom highly talented individuals flock in their job searches, the factors that most people consider important in these matters are the compensation, benefits, training, and opportunities the organization is offering in a role. Unfortunately these are things that have become increasingly difficult for many companies to stay competitive over in the face of recent economic difficulties. However, those companies struggling to keep up in providing their employees with the monetary rewards and benefits that so many focus their recruitment and retention efforts on still have other options. Perhaps the most important of these alternative options is for companies to focus on those more subtle issues which require next to nothing on the organization’s part to apply and make use of successfully but which can be even more successful that monetary benefits for motivating employees, attracting new talent, and ultimately achieving success.
One of the most powerful tools a company can use both in their executive search and hiring processes as well as in their employee retention efforts is not necessarily money and lavish benefits but something far more simple, that being the effective development and application of the company’s corporate culture in tandem with successful management strategies. Central both to why individuals are drawn to an organization as well as why they stay with the companies they are hired on with is the need for a pairing of effective management skills capable of keeping employees focused on meeting the goals set by the organization and a well-developed corporate culture that can successfully keep employees content in their work and motivated to strive for success.
To begin with, a company’s managers will have to learn just what it takes to successfully lead their employees without either becoming over baring in these duties or leaving their subordinates so much slack that they feel without structure or guidance. In order then to be truly effective managers must find a steady balance, a compromise between their need to oversee the work of their employees without their supervision becoming a burden while at the same time not taking these concerns too far in the other direction and leaving them without any supervision to speak of.
Using the company’s corporate culture as a tool is an invaluable strategy in any executive search, hiring and employee retention plans. While every organization has its own culture, be it carefully planned and well-designed or born by happenstance and with no structure, it seems that far too many organizations fail to recognize the importance of this subject. When it comes to the shaping of a corporate culture it all starts with people and the hiring of employees whose morals and ethical standards match those that the company would like to possess. It is also essential that company leaders look for ways to keep their employees as happy and motivated as possible through a variety of simple techniques such as finding ways to encourage the development of inner office friendships, as well as unifying employees with company events, making the office environment as comfortable and welcoming, so on and so forth.
Published by Conselium Executive Search, the global leader in compliance search.
