Managing your people strategy to assist growth

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[cs_content][cs_section parallax=”false” separator_top_type=”none” separator_top_height=”50px” separator_top_angle_point=”50″ separator_bottom_type=”none” separator_bottom_height=”50px” separator_bottom_angle_point=”50″ style=”margin: 0px;padding: 0px;”][cs_row inner_container=”false” marginless_columns=”false” style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ type=”1/1″ style=”padding: 0px;”][cs_text]Ambitious expansion plans, funding to aid growth and investment in skills are just some of the positive news stories demonstrating the county’s victory over the UK’s recent economic and political climate, and it’s encouraging to see.

At the same time, it leads me to question just how companies are managing their people strategy across all departments in order to aid sustained growth?

As a specialist recruiter in the field of accountancy and finance, I have worked with a selection of growing businesses looking to expand or restructure their internal finance team, or take someone in-house for the first time.

No matter your size or industry type, my advice is to plan well ahead if you really want to get your pick of the best candidates in the market and shy away from recruiting in a reactive manner, which can affect your existing team, as well as the effectiveness of the recruitment process.

As a business, we take a very consultative approach to this process, starting with a strategic analysis of the business’ existing finance team and its incumbent strengths and weaknesses.

This is the perfect time to consider whether there is opportunity to upskill existing staff with further qualifications, to identify any obvious gaps within the team, as well as to analyse the most cost effective, yet strategically beneficial way to manage your people strategy.

The bright lights of the city are now closer than ever with the introduction of better transport links, so Lancashire organisations are having to work harder to attract and retain top talent.

Hiring an accountant, or finance professional, often represents a significant business investment, so it is vital that you choose somebody with the skills, experience and personal attributes that complement your business from the outset, or it could well prove an expensive mistake.

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