Your Business Needs an Executive Retreat

Bryan Gillum • January 13, 2021

Your Business Needs an Executive Retreat, and here's why...

Are your executives all on the same page?

Most of our clients conduct an executive retreat each year to discuss the organization's vision, strategy and the key barriers to accomplish their long term goals. Unfortunately 2020 changed that for many companies. In our conversations with small business owners over the last month, we found that executive retreats have become one of the casualties of COVID. A well-planned executive retreat can be critical to ensuring your company is on track to reach its future goals. The most productive executive retreats include the following components:

Review of the organization’s vision:

The changes in the business environment has resulted in the need to revisit the organization’s future destination and the purpose. An executive retreat provides leaders with valuable time to discuss how the changes from 2020 could impact the future and lead to unexpected opportunities.

Aligning the Strategy to the Vision:

It is common for leaders to create strategies that are designed to maximize short-term financial performance, but these plans frequently ignore the long-term aspirational vision of the organization. Although it is critical to ensure financial results are met, focusing on the approaches that will advance the organization towards its vision is imperative to its long-term success.

Planning Cross-Functional Work:

Leaders typically have a high degree of success implementing initiatives within their department; however, initiatives that have cross-functional considerations are more difficult. An executive retreat is a great opportunity for executives to identify barriers and develop approaches to accomplish cross-functional initiatives.

Developing Engagement Strategies:

Because 2020 was a year of survival for many organizations, culture and engagement initiatives were put on hold or delayed. This is a great time to revisit those initiatives and identify strategies to improve morale for your employees. Ensuring your team is engaged is critical to minimize turnover and generate strong performance.

In addition to accomplishing critical strategies for your organization, a retreat can help leaders build and reinforce strong relationships. With an effective facilitator, a business can make significant strides in planning for their long-term success.

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5 Signs You May Need a Recruitment Partner

By Grant Covault • March 7, 2023

In today's highly competitive job market, finding and retaining the right talent for your business is more critical than ever. In fact, according to a recent release from Monster.com, 96% of workers will be seeking some type of new position in 2023 . However, the hiring process can be challenging, and many businesses struggle to find the right candidate for the job. That's where recruitment partners come in. A recruitment partner can help you find the right talent and streamline the hiring process. In this blog, we'll discuss 5 signs that indicate you may need a third-party to help you with your hiring needs. 1. Inability to Attract Qualified Candidates If you're struggling to attract qualified candidates for your job openings, it may be time to consider partnering with a recruitment firm. A good firm can assist you in identifying the root cause of the issues and collaborate with you to create an effective hiring strategy. With their extensive network of both active and passive job seekers, they can help you find the ideal candidate for your organization. 2. Time Constraints and Limited Resources Another sign that you may need to seek out help is when you feel pressed for bandwidth, and you are unable to dedicate the necessary time to the hiring process. A recruitment partner can handle the hiring process for you, from posting job openings to screening candidates and conducting interviews. This frees up your time to focus on other aspects of your business. 3. High Turnover Rates Nothing is more frustrating than making a hire only to lose that persona a short time later. Additionally, high employee turnover can be costly and affect productivity and morale. By bringing on a consultant, they can help you objectively identify why employees are leaving and find ways to improve retention. They can also help you create job descriptions that accurately reflect the role and company culture, ensuring that you attract candidates who are a good fit for your organization. 4. Lack of Industry Knowledge If you're not familiar with the job market in your industry, it can be challenging to find the right candidates for your organization. A recruitment partner has industry knowledge and can provide insights into the job market and salary trends. They can help you create competitive offers that attract top talent and ensure that you find the right candidate for the job. 5. Employer Brand Reputation Your employer brand reputation is essential to attracting top talent. If your business has a poor reputation, it can be challenging to attract the right candidates. Having the right consultant can help you improve your employer brand by providing insights into what candidates are looking for in a job and what makes a company attractive to potential employees. They can also help you create a positive candidate experience, ensuring that even candidates who don't get the job leave with a positive impression of your organization. In conclusion, hiring the right talent for your business can be challenging to do by yourself. However, with the help of the right recruitment partner, you can streamline the hiring process and find the best candidate for the job. If you're experiencing any of the signs outlined in this blog, reach out to us today for a free consultation to see if we are the right fit to help your team.