If you are challenged with finding, hiring and keeping talent in your small business you are not alone! Over the last 25 years we have heard time and again that the single biggest challenge faced by small business owners is recruiting and retaining talent.
Hiring key managers and staff is one of the most important decisions you can make as a small business owner. However, in our experience in working with clients, hiring is the one thing that is often rushed and left to chance. “I’ll hire them and see how they work out” is the common mantra among many small business owners. Another thing we hear is “we need to hire someone quickly so lets give him/her a try”. Both approaches tend to lead to turnover, often because the right candidates were not attracted, assessed and hired. GALLUP research supports our experience in that most companies fail to choose the candidate with the right talent for the job, 82% of the time.
There is a better way to plan for hiring, attracting & hiring excellent candidates and retaining them over a long period of time. For the last 20+ years, our sister company, Lordstone Corporation, has maintained a hiring track record of 95% success as measured through the end of the first year of employment. Today, we teach, coach and train clients of Lordstone Business Advisors, Inc. on our methodology and techniques. We can help you plan, attract excellent candidates and retain them in your business.
Our techniques and methodology has been used by executive and leadership teams of major companies and non-profits, from $20M in size to $10B. We have also mentored Talent Acquisition and Human Resources teams on our unique approach.
Our approach to hiring is wholistic, meaning we view hiring as a process, rather than an event. Our process consists of 5 primary steps and we teach, train, mentor and coach our approach in a live, “hands on manner” for clients of Lordstone Business Advisors, Inc.
Step 1 - Planning, Organizational Assessment & Job Modeling
Step 2 - Marketing & Attraction of Candidates
Step 3 - Assessment of Candidates (Character, Competency, Cultural Affinity, Performance & Skills)
Step 4 - Interviewing & Hiring
Step 5 - Integration, Mentoring & On-Going Coaching & 360° Reviews
P.O. Box 469
Gladstone, Michigan 49837
+1 (906) 428 9330
FREE CONSULTATION - We love small business! We routinely meet with small business owners over coffee or a virtual Zoom meeting just to learn about their businesses, challenges and goals. No sales pitch, just a get to know you and you get to know us session. To schedule, call us today.