During these unprecedented times, it can be tempting to sit it out and freeze any decisions for your team. Depending on your industry – as some have most definitely been hit harder than others – it might very well be an excellent opportunity to review your business strategy and the team that you have in place to achieve it.
Have you noticed that some of your people are in a constant state of overwhelm and are less productive than usual? Or potentially you’ve noticed that some members of your team have risen to the challenge and are looking for opportunities to improve the business through the COVID crisis?
Perhaps your decision to freeze any staffing decision making is causing unfair stress on your highest performing team members?
We have not had a recession in 28 years so we have found finding an Aussie case study not so relevant so we have included this inspirational story:
Case Study:
“Todd Sachse, of Sachse Construction, a $120 million general contractor, made a bold move in 2009 as the 2008 crash hit. He decided to buck the trend of the industry and to not downsize in the shrinking market. He believed that the recession would not last forever, so he viewed it as an opportunity to achieve two objectives. He wanted to hire new talent that wouldn’t otherwise be available. Plus, he wanted to maintain the vast majority of his staff when the recession ended. (…) As a result, Sachse Construction grew 200% during and coming out of the great recession. During the same time, many other general contractors went out of business or shrank to less than half their previous size.” pg 6, Rocket Fuel, Gino Wickman and Mark C. Winters, Benbella Books Inc 2006
Now is a similar time! Now is the time to make those hard calls. Now is the time to look for incredible talent. We are seeing some incredible people, who at no fault of their own are out looking for a new career opportunity. They are ready and willing to make a HUGE contribution and are open to contracting so you as an Employer can try before you decide to make a long term hire.
Wouldn’t it be good to look back on these COVID times as a time you made smart hiring decisions that led to amazing outcomes?
by Zoe Shacklady
For more information contact Simone Allan, Director at Mondo Search on 1300 737 917 or email: simone@mondosearch.com.au.
Copyright:
The above is the intellectual property of Mondo Search Pty Ltd. None of the information provided may be copied or reproduced in part or in full without the prior written permission of a director of Mondo Search Pty Ltd