In order to have a successful business strategy, there must be foundations in which a business can rely upon. From human resources, to how and where a business gets funding, there should be some set of principles or best practices for everyone to follow. Here, ClearCompany does a great job of setting up a foundation for human resources. They talk about one important component of annual reviews that must stay, even if you are ridding of them! Then, Talent Tech Labs gives some best practices on how to pitch your early age startup to investors. To top things off, Elevated Careers gives a simple, yet important, trait that your workforce should have. If you find these fundamentals helpful, sign up for our newsletter!
The traditional annual performance review has been criticized for missing the mark in specific feedback, timeliness and progress. 45% of HR leaders do not think annual performance reviews are an accurate appraisal for employee’s work and only 14% of organizations are happy with their performance management system. Reviews once a year have become an outdated process in the HR world. However, new survey data has revealed the one key piece of the annual reviews that should be making the transition from the old into the new: ratings. Read more…
Talent Tech Labs: The 5 Foundations of Pitching Your Early Stage Startup
With 27 million Americans starting their own businesses, making a good impression on investors is both vital and difficult. Creating a great pitch is not nearly as complicated as it sounds if you understand your core value proposition. Leave the gimmicks at home and remember these 5 foundations of pitching your business to investors…
Elevated Careers: The Art of the Workforce: Predictability
Predictability can be as much a trait of companies as it can of an individual. For example, if your company displays predictability, that will likely attract a job seeker who finds that valuable, meaning they align with that trait. Candidates, of course, want to know what working with you will be like. If your company is predictable and wants to attract candidates with this trait, you may want to put those details in a job description, show your solid history and proactively answer any questions they may have during other times of the hiring process. Read more…