Human Resources has a very precise and important job. They control all of the administrative side of the company along with all of the hiring, firing, insurance plans, paychecks, and more beyond even these main parts. Their job is already complex but when you throw a business growth rate of 30-50% or more suddenly your HR department is losing their minds and things can become dangerous.
Whether rapid growth is happening in a small start-up business or in a more established company there are some common challenges each will face to become successful. Here are a few traditional challenges you’ll face as your company reaches fast expansion:
- Cultural Diffrences
- Difficulties balancing talent between global and local employees
- Leadership difficulties
- Conflicting perceptions of talent management
It’s important to know justhow to handle these situations as each comes through your path. However, it’s even more important to remember that as the owner of the company YOU are making all of the decisions at the end of the day. If you’re having cultural difficulties perhaps it’s best to fire an employee, of course this is the last option before you move employees throughout the office and try your best to appease each person and keep them happy in their workplace.
You are always going to be the talent manager. It’s important that when hiring your employees in charge understand exactly what type of person you’re working for. And if you have time it may be best to view all resumes of potential candidates before they are officially hired. This will help cut down on the hiring expenses throughout the company.
You’ll always have the bad apples, the people who somehow tricked you on their resumes and through the hiring process. It’s important to dispose of these apples before they reach other employees and begin changing behaviors throughout the workplace. And lastly, as the owner of the company it’s important that you spend as much time at the office as possible. You need to know what’s going on and keep everyone happy.
