The Importance of Multi-Dimension Hiring
The strategy of acquiring and developing your Human Capital becomes critical to business success regardless of the size of the business. It is especially impactful among small to mid-sized ventures where each hire and employee is critical to meeting the present goals and preparing for next stage growth.
The Impact of Recruiting Strategy & Multi-Dimensional Hiring
Human Capital
- the stock of competencies, knowledge, social and personality attributes embodied in the ability to perform so as to produce economic value.
It is as important as financial capital to business success, is one of the largest business expense items and can be a company's stealth competitive advantage.
The Importance of Human Capital and Recruiting Strategy
Companies are comprised of people, and great products and services are nothing without them. The investment in people, in Human Capital, is huge, yet the approach used to acquire these people often lacks planning, focus and specific links to the culture and goals of the business. As a result, the ROI on Human Capital diminishes.
Having a well defined, multi-dimensional strategy that governs both recruiting and employee development can result in a team that is more focused, flexible and engaged in the success of the business than your competition. These types of focused teams facilitate growth and constant improvement.