๐๐ก๐ฒ ๐ฌ๐ก๐จ๐ฎ๐ฅ๐ ๐ ๐๐๐ ๐ฎ๐ฌ๐ ๐๐ง ๐๐ฑ๐๐๐ฎ๐ญ๐ข๐ฏ๐ ๐๐๐๐ซ๐๐ก ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐๐ง๐๐ฒ?
Posted on 19th April 2024 at 14:12
Roughly 60% of my clients fall into the broad bracket of being a SME. That is broadly defined in the UK as businesses with an annual turnover of between ยฃ2m and ยฃ50m. Sometimes it can be hard to persuade the owner of a SME to invest in an Executive Search company to help them with their Talent acquisition.
So why should a proud owner of a business they have often built themselves, spend their hard-won profits on a service when they can do it themselves? After all, recruitmentโs easy, right?
There are many reasons, but I think a very compelling one can be described through a short analogy.
Yesterday, I had the electrician round. Earlier this week, my fuses started blowing for no clear reason. After trying to identify the fault by unplugging and re-plugging everything on the circuit, checking wiring where I could for loose wires with no resolution, I realised I had reached my level of competence.
I could have watched โhow toโ videos on You Tube, read books on residential wiring and spent days trying to resolve the issue. But my time is much more valuable serving my customers.
Time for the expert.
My electrician (whom I have known for years and kept a good relationship with), popped round between jobs, spent 90 minutes with me and identified and solved my problem. Clearly, he charged me, but it was money well spent.
My point of relating this story is that most of us can do a little of many things, but when we need a problem solved, we need to recognise when we have reached our level of competence, or that our time is better spent concentrating on the things that the business does well.
Then it is time to call the experts.
Iโve had 25 years of experience in executive search helping employers identify, attract and retain talent. If you would like to know more, contact me at: george@grovehouseexecsearch.co.uk or call me on +44 (0) 7876 124330.
Share this post: