Growth Timeline

A healthy workforce plays an important role in your overall business strategy. You want to attract, recruit, and hold on to the talent you need to create a burgeoning culture and prosperous business.

I find that every company is at a specific point—or in some cases multiple points—on this timeline. I also find that it’s a helpful tool to visualize the most impactful place to start building HR systems and choosing goals to work towards.

 
 

FIRST HIRES

beginning to build your workforce

OPPORTUNITIES

  • Planning for growth at this phase will ensure that you are staffing up for future as well as current needs.
  • Hiring deliberately and in line with your company vision will be necessary to help develop the beginnings of your company's culture.
  • Beginning to develop your company's people systems at the onset will help shape positive growth.

CRITICAL ACTION ITEMS

  • developing job descriptions
  • developing hiring protocol & selection a process in line with Uniform Guidelines
  • setting up employee files and potential online portals
  • accurately identifying all potential workers and employees
  • ensuring all necessary insurances are correctly addressed
 

Necessary HIRES

expanding for sustainability

OPPORTUNITIES

  • As you grow, it’s important to know what path you are on and what direction your business is heading towards. You are creating long-term culture at this point, take time to make a positive investment. Think about the company you want to be.
  • This can be an important phase as you are striving to transition into a successful long-term business. Your focus is on profitability. You'll need the exact right people in place to make that goal. Focus your attention on your employees; they are the capital investment of your company.

CRITICAL ACTION ITEMS

  • developing an employee handbook
  • formalizing policy & procedures
  • creating benefits and incentives packages that fit with your culture and the company you want to become
  • creating performance evaluation systems
  • creating a safe & secure workplace
 

Supportive HIRES

adding key players

OPPORTUNITIES

  • You’ve made it over the hard part and created a successful business and culture that will continue to grow and thrive. Continue to develop your human capital systems into a strategic tool that will support your business's growth and sustain profitability.
  • Maintain focus on your people's motivation, growth and development and you will ensure the successful separation between owner and company profit.

CRITICAL ACTION ITEMS

  • ensure all policy, procedures and handlings are EEOC and federally compliant
  • looking at L&D opportunities for staff
  • trainings to ensure all staff are versed in healthy and compliant workplace behavior
  • maintaining record-keeping and documentation
  • creating performance drivers  
 

Growth HIRES

hiring for scale

OPPORTUNITIES

  • You are a successful and rapidly growing business. Find the right balance between structure and fluidity so that your company's agility and entrepreneurial spirit aren’t stifled or mired in bureaucracy.
  • Guarantee you are baking consistency and transparency into your human capital systems.

CRITICAL ACTION ITEMS

  • critically review workforce for alignment with business direction
  • ensure job descriptions and roles are succinct
  • create a strategic staffing plan
  • review benefits and incentives packages to ensure uniformity and relevance to vision
 

Innovative HIRES

sustaining growth, remaining relevant

OPPORTUNITIES

  • As your company maintains maturity, strike a balance between preservation and evolution. You have worked hard to create a thriving culture and substantial human capital management systems. Review what’s working and what’s not. Let go of structures that are no longer supporting the vision and development of the business.
  • Begin to plan for the future. What strategies should you be working on for the next phase of your business?

CRITICAL ACTION ITEMS

  • developing retreats and bonding experiences for the growing workforce
  • seek employee input on growth and development
  • review all policy and procedure to ensure they are aligned with vision and goals
 

Workforce Maintenance

continued engagement

OPPORTUNITIES

  • You’ve created a successful business which is a living organism. Continually revisit the vision and direction to ensure that the human capital systems are in alignment with where you want to go and how you want to get there.

CRITICAL ACTION ITEMS

  • continue to review all policy and procedure to ensure they are aligned with vision and goals
  • continue to review all employees for best fit
  • continue to review for compliance