10 Feb

Has your business got talent?

People and talent were on the agenda for our two lively January Food4Thought meetings. It was interesting to discuss this critical aspect of all businesses from both a micro-business and small-medium business point of view as there was much common ground. We explored: What are the time and financial impacts of a bad hire? Whether people were allowing terrorists to remain within their business, or whether they were getting rid of this kind of person quickly enough What should the hiring process be to ensure you get the right people? Could members’ businesses survive without them for any length of time? Despite the varying sizes of business there were many shared issues. Quality people and talent – whether that’s staff, outsourcing partners or associates – can make or break a business and have a major impact on growth. A hot topic was the process by which employees or associates were recruited. There was lots of discussion around how to get this right, whether HR experts were needed and what types...

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11 Dec

1st Dinners…

Two passionate sets of entrepreneurs and business owners met at the first Food4Thought meetings in November. Never wanting to mess around with the small stuff when we can get right to the heart of it we started at the core of their businesses: Why did they set their business up – what’s their purpose? Are they getting the rewards they wanted? What’s the exit plan? There was a range of answers about the motivation for setting up businesses, from wanting to save people’s jobs to having a passion for an industry; from knowing they could do it better than their current employer, to wanting to be in control of their own destiny. Both groups were challenged about whether they are staying true to the purpose that they set out with, and whether or not they felt fulfilled by it. The discussions about rewards were interesting as those who had defined what kind of rewards they wanted from their business were the ones getting those rewards. It stands to reason that...

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