You're bleeding your top and bottom lines
Why? Because your talent machinery is obsolete
Let’s explain this.
Your traditional, slow and ineffective talent machinery eats up your profit margins.
Eating up your bottom line
So what does your costly machinery include?
Here are the main “components”:
All the effort, time and cost of your recruiting, screening, interviewing, offering (but not necessarily closing), and hiring new people
All the time-consuming work you do to manage, develop, mobilize, and promote your staff
All the productivity loss, cost, and disruption linked to firing people who don’t fit your business requirements and company culture
Combine 1, 2 and 3 and you’ll see it adds up to countless months of work and to shocking amounts of money.
This machinery is adding considerable costs to your business operations, and eating up your bottom line (because, as you’ll see, the ROI is not there).
Crippling your top line
The fundamental problem with your machinery is not only that it’s expensive, but that it’s just not intelligent — and unfit for the job.
The machine takes lots of time and energy to run, but it churns out mediocre-to-poor quality.
The quality of talent you get in the door is far below what you need to reliably and consistently grow your business, which requires:
to develop innovative products
bring them to market
serve your customers well
build goodwill, and
extract all the learning and iterate rapidly as an organization
Moreover, because you’re not getting high-value-high-return talent, everything else across the company (teamwork, upskilling, mobility, leadership, etc.) suffers considerably.
For example, your talent base isn’t learning and advancing at the pace and rate it should.
But this also means seeing many more people leave your company voluntarily or involuntarily (because they should not have become part of it to begin with).
Look at it this way.
Failure to get high-value-high-return talent assets produces a massive ripple effect that snowballs into an avalanche which saps your budgets, teamwork, delivery, innovation, and growth.
So you’re working hard, but going backwards
It’s because your talent machinery is just not up for the job.
It’s doesn’t deliver.
And yet it costs you a fortune.
We’d love to hear from you.
Questions? Comments? Message us at business@knackapp.com
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