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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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