Build Your Farm Team and Draft Only the A-Players
Businesses Leaders Build Your Farm Team to Win
Most decisions a business makes are small. For most, a single sale, choice or interaction doesn’t add that much value or damage it much if it goes wrong. Hiring an executive is different.
A senior executive can make or break an organization. Hire a star and you win because they will unleash a tsunami of innovation, empower employees and generate wealth for the owner. Hire the wrong person on the other hand and you risk much more than short-term turmoil; a bad hire may, in fact, mortally would a small business.
For every small business owner, a lot rides on hiring the right executives and the risks are now higher than ever. Here is one from Hiring Greatness: How to Recruit Your Dream Team and Crush the Competition which will help you hire top executives who will excel at your company.
Build a Farm Team and Draft Only A-Players
Every great sports team has a roster of A-Players in waiting on the sideline, primed for the coach to send them in at the right moment. Likewise, small business owners should always be assessing and balancing the strengths and weaknesses of your team. Long before you need to make a change, your HR group should be building your bench strength from the sidelines. It’s easy when you make a concerted effort at every industry function to meet half a dozen new people.
Challenge your human resources person to scout them out ahead of time to build your farm team. Once you’ve met the individuals, ensure the best are systematically tracked. A great way to do that is by connecting with these people on LinkedIn.
You should also save the attendee rosters from conferences and trade shows and keep in touch with the candidates who applied for positions when there weren’t any but who showed great promise.
So, build your farm team and draft only A-Players.