The entrepreneurial approach – Think HR on-demand
A lot of businesses think that the time for being entrepreneurial is only during the start-up phase. They are wrong and hopefully by now you are well of aware of that to. Think entrepreneurial, leverage on-demand and grow exponentially. HR on-demand is but one aspect of a whole new way of having expertise at your fingertips.
Entrepreneurship approach to business
An entrepreneurship business needs efficient and effective delivery of core services.
HR role here is critical to set and achieve the workforce and talent agenda, deliver the business strategy, drive workforce performance and engagement, champion the culture, and enhance the experience for the people internally and externally.
HR as you know it is dead. Leverage HR on-demand.
If you often wonder if you should choose between the opportunities that present themselves but carry inherent risks with the possibility of a potential reward, or if you should take comfort in the known and continue to preserve the organization’s business as usual – you are not alone?
A lot of CEOs, whether they admit it or not, end up taking comfort in the familiar, less risks, less potential failure.
On the other extreme, are the start-ups. Entrepreneurs are admired because of the very qualities many executives abandon as they climb to the top: agility, boldness and the courage to rely on their gut feeling while taking tough decisions.
It’s wrong to think that the time for entrepreneurial thinking is only when a company is starting up, or to believe that entrepreneurial thinking cannot coexist with the dominant mindset of an established organization.
Driving transformation and abundance today requires different set of capabilities for your HR. It requires customer centricity, digital readiness, adaptability, agility, strategic consulting, and analytical acumen.
Those capabilities are much needed for everyone that joins or works with your business as you plan to grow exponentially. Why would HR practitioners be any different.
When talent and skills demand increases, businesses scramble to hire from the same pool of available talent.
Companies in growth phase, looking to grow exponentially, desperately need the talent to scale up fast but can’t compete with the deep pockets of the older players.
It’s the chicken and egg story in the business world. What can you do? think HR on-demand and bring in a breath of fresh air to the way you work.
THINK DIFFERENT. THIK ABUNDANCE. THINK AUGMENTATION.
Reaching out to HR on-demand can help you scale up, with access to specialists available worldwide, without overextending, and before committing to a heavier structure on payroll full-time.
An augmented HR structure that allows you to infuse freshness of thought and depth of expertise into your business is your answer.
Entrepreneurship approach to business requires the right HR support. Leverage HR on-demand.
The Future of business, it’s people, and how work gets done has a new normal. You need your business and especially your people strategy to have a digital mind-set, relentless focus on the customer, enabling technologies, and simplified, nimble ways of working, with a focus on positive business outcomes.
Your people practices and HR main reason for being is to deliver on business outcomes, keep this in mind.
What to look for in HR support?
With an entrepreneurial approach to business, you will be swimming through constant change. Disruption is constantly affecting your business and your people with increasing demands from customers, constant productivity pressure from competitors, and threats from unexpected entrants to their markets.
Sound exponential HR practices
You need sound exponential HR practices to navigate the route to exponential entrepreneurship. Your HR practices should drive tangible work outcomes.
- Present you with dynamic and digital ways of working
- Provide you access to exponential HR professionals
- Augment your workforce
- and help you work in an adaptable, agile manner.
Finding the right level of talent when needed, and at fair price to help you grow and manage your business exponentially, is not a myth anymore.
When to take this decision to grow the team? And what if I can’t afford it? Or rather invest my money in scaling up my product? Do I hire a HR generalist? How can I afford a HR specialist? These are questions that are on every business owner and entrepreneur’s mind.
Think HR on-demand.
Whether you are a small business scaling up, an entrepreneur building a business or intrapreneur within a big corporate entrusted to grow a business stream, scale it, and lead the business into the future.
Odds are, you have the same questions, and that’s why you are here. Keep Reading.
Facing the challenge of knowing when the right time is to turn to HR advice. Finding it difficult to tap into the right level of specialised HR talent within budget, or simply because the required talent is not always employable, is a common issue that growing businesses face. You are not alone.
Failure is on the cards. Think smart.
Entrepreneurship initiatives play a critical role in economic growth and contribute massively to job creation, creativity incubation and deployment, and the spurring of economic development.
Did you know that 50% of start-ups fail in their first year due to many different reasons, and not having a proper HR plan is one of them?
Now we often think that HR is something established companies and multi-nationals focus on, but that is false. HR management is critical for all types of businesses – be it SMEs, start-ups or corporations. Especially entrepreneurship initiatives growing exponentially.
You don’t want to be them. You want to do this right.
With an entrepreneurship approach, you might be busy bootstrapping, focusing on innovative solutions, building product that solves a problem. They should not neglect building the right business culture from the beginning. Doing so can help you stay competitive on the HR front.
An entrepreneur is busy thinking of ways to grow the business and increase revenue and market share. At this stage, the entrepreneur is not in a state of mind to put him/herself in the employee shoes.
While, on the other hand, employees are putting in the hard yards during start-up mode, putting on hold their personal lives as they support the start-up vision.
Now you must be thinking, what should I do? And how can I make sure I got this area covered?
Thrive not survive.
Many emerging organizations do seek help for transactional needs, like payroll and leave management, as well as to stay compliant – you may be doing the same.
Very rarely is attention given to foundational, systemic matters such as culture, values, beliefs.
Unfortunately, there are too many examples of how bad people practices can take down a founder, through incidents related to harassment, exclusion, lack of diversity, etc. All of which are tied to a company’s DNA, incubated from its incorporation.
No matter at which state your business is, a lack of focus on talent, risks having the wrong formative behaviours embedded in your culture. This could cause significant material or reputational damage at a later stage.
Business today needs to be quick and agile.
Grow exponentially. With an entrepreneurship approach, you are should be asking the following question to get the basics right.
- How can HR help me turn disruption into opportunity for a sustainable business performance?
- How to find the non-conventional HR practitioners with an exponential approach to HR
Here’s a solution for you to consider.
In order to hit the ground running earlier than the competition, HR talent can be reached out to, on-demand, without having to build up an internal HR department and break the bank.
HR on-demand can help you move from one priority to the next in a flexible way. On-demand HR specialists’ talent can help your business grow into a more established second stage business and can help a start-up or SME scale up in many smart ways, while staying lean.
On-demand has changed how we live, how we move, how we eat and how we travel.
Let on-demand now change how your run your business.
One Circle is a freelancing platform for independent HR consultants.
Where businesses of all sizes can find coaches and HR specialist consultants across the entire HR spectrum with multiple areas of expertise. If you are a business and are looking to get HR projects done, virtually, consider signing up!