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Attract
the best people
by
John Strelecky
Smart leaders don’t recruit the best
people; they attract them. Why do they do it? They do it because it makes their lives easier, and their
companies more successful. How
do they do it? They have
a clearly defined corporate Purpose For Existing (PFE), they tell the
world about it; they live it; and the best people come to them.
The success of this method is based on two
principles. The first is a very basic tenant of life on the planet: Like
attracts like. It is
the reason zebras run together on the African plains, similar looking
fish travel in schools, and in any given crowd of people, each
sub-group is composed of individuals with similar characteristics. A leader who has defined their company’s PFE is saying in
essence: "I am a zebra. If
you are a zebra, come out here on the plains and join me."
The second principle is that the best and the brightest in
the workforce seek more than just a paycheck from their job, they
seek fulfillment of their own personal Purpose For Existing (PFE). On average, employees
spend 70 percent of their waking hours Monday
through Friday either at work, getting to work, or preparing for work.
For the most part, their work is their life. The best and the brightest know
this and understand this. They want to make sure that while spending
70 percent of their life at
work, they are in some way fulfilling their own PFE. They seek out companies where the organization’s PFE supports
their own.
The concept of attracting vs. recruiting might not seem like
an important topic in an era of economic uncertainty where companies
are laying people off, or putting freezes on hiring. The U.S. has been in that situation now for almost the last
three years.
However,
data from the Bureau of Labor Statistics, and independent
studies from professional staffing and Human Resource Management firms
indicate a change is coming. Projections
are for labor shortages starting this year in certain industries and
increasing to approximately 6 million skilled workers in 2012.
The repercussions of such a shortage won’t just be felt in
lost opportunity costs as companies can’t get the necessary
qualified talent to serve their customers. More painful and directly impactful will be the costs felt as
employers try to fill open positions. According to Human Resource studies, total costs to replace a
skilled managerial level employee can total as much as 150 percent of the
departing person’s salary by the time recruiting, training and
productivity costs due to losses with current customers are factored
in.
With studies showing
55 percent of salaried people planning on moving as jobs become available,
this cost could be substantial for individual companies.
In light of this
future, the opportunity to attract vs. recruit the best people, as well as the issue of maintaining
the right employees, both become more relevant.
Leaders interested in creating an environment where they
attract instead of recruit the best candidates should follow three key
steps:
• clarify your PFE;
• tell the world what your PFE is; and,
• fulfill your PFE.
Clarify
your PFE
What is your organization's PFE? Why was the organization formed? What unique function does it
serve? Many organizations already have their PFE as a deeply imbedded
part of their culture, and often it exists in some written form. It may seem obvious to you as a leader, or to your
employees. Now is the time to either turn it into the written word if it
isn’t yet, or make sure it is clearly articulated if it already
exists in writing.
An example of a PFE that is clear,
influential and to the
point is that of Merck & Co. Inc. Merck is a global
pharmaceutical products and services company that focuses heavily on
research. Their PFE is
stated in the following way: “Our business is preserving and
improving human life.” They
back this up with the following sub-statement. “All of our actions must be measured by our success in
achieving this goal.”
Tell
the world what your PFE is
When you have a clearly articulated version of your PFE, let
the world know what it is. Put
it on all your marketing materials, internal documents, Web sites and communications with buyers, suppliers, customers, campus
placement offices and partners.
Make sure that when people hear the name of your company, they
automatically know what your PFE is. It is through these efforts that you are saying to the world:
“I am a zebra. If you
too are a zebra, come join me."
Your PFE will have an impact on the people who interact with
you. Those who have a
personal PFE that is similar to your organization’s and who in fact
can fulfill their PFE by helping your organization fulfill its PFE,
will now be attracted to you. Think
in terms of Merck. How
attracted do you think someone is to Merck if their personal PFE is to
improve human life?
Fulfill
your PFE
Ralph Waldo Emerson said: “What you do speaks so loudly that
I cannot hear what you are saying.”
This is something for organizations to
remember. To succeed in attracting, not recruiting the best people, an
organization must live up to the PFE that it identifies and promotes
to the world.
Exhibiting
actions incongruent with that PFE will quickly damage the company’s
credibility and decrease their attraction. However, for organizations that live the PFE they create, every
action they do makes the attraction that much stronger for potential
candidates.
Organizations that follow these three steps will find
themselves approaching hiring in an entirely new way. Creating awareness about the organization’s PFE and then
interviewing people attracted to the company will become the norm, not
recruiting.
For
organizations that are doing the three steps very successfully, having
to work hard to recruit someone should be an indication that they are
trying to get the wrong person. If
someone clearly understands your organization’s PFE and your
organization has done an effective job of fulfilling its PFE, but the
person still needs to be convinced, then you don’t want them in your
organization.
Make your life easier, make your company more
successful. Don’t recruit the best people, attract them.
John Strelecky is the author of
The Why Are You
Here Café, and a nationally recognized speaker on the topic of
creating the perfect company. A graduate of Northwestern
University’s MBA program, he has served as a business strategist for
numerous Fortune 500 companies, and co-founded the Business Philosophy
practice at Morningstar Consulting Group LLC www.mscgi.net.
He can be reached at 407-342-4181.
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