In Focus: Developing your business  

How to hire for growth

  • Describe the building blocks of a successful growth strategy
  • Explain how hiring and growth strategies are intertwined
  • Communicate how to build a successful hiring strategy
CPD
Approx.30min

Do not forget that there are not just the gargantuan networks, there are also more bespoke solutions within the network model.

There is an added benefit in transitioning from DA to a network in that it frees up time to write business rather than having to run a business with a view to adding value to the sale price before retirement.

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In conclusion, before hiring for growth, take considered and well thought-out action, set out your overall goal and work out the key steps to get you there.

Also consider taking external advice where it is needed, and outsourcing skills that you do not want to have in your business. This will all help to ensure you build the business that you set out to build.

Most importantly, be clear and transparent in your mission. 

Rachael Fennessey runs recruitment consultancy Aspire Executive Search

CPD
Approx.30min

Please answer the six multiple choice questions below in order to bank your CPD. Multiple attempts are available until all questions are correctly answered.

  1. Where should the focus be when hiring for growth, according to the author?

  2. It is not necessary for all leaders to agree on the business's mission, says the author. True or false?

  3. Why should a business have a well-defined growth strategy before hiring for growth, according to the author?

  4. Clear organisational culture is important but not essential for growth, according to the author. True or false?

  5. How soon before retiring should a hiring strategy be put in place?

  6. Joining a network ahead of retirement can be a good route to succession planning and recruitment. True or false?

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  • Describe the building blocks of a successful growth strategy
  • Explain how hiring and growth strategies are intertwined
  • Communicate how to build a successful hiring strategy

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