Innnovative ways to staff your startups
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Topic : "Innovative ways to staff your startups" Webinar hosted by : Virtual Learning Center of The Hatch Conducted by : Sairee Chahal is the Co-founder - Fleximoms and a serial entrepreneur Sairee started her career as a journalist with Advertising & Marketing magazine and quickly moved on to set-up world’s first daily for mariners - www.newslinkservices.com. In 2006 Anita Vasudeva and Sairee Chahal came together to set up SAITA Consulting Pvt Ltd., a consulting firm focused on Small and Medium Businesses and transforming entrepreneurial businesses. Sairee has worked in start-up mode as well as in large set-ups in research and consulting capacities. This includes setting up Russia and CIS practice for Heidrick & Struggles HSII (www.heidrick.com) and Confederation of Indian Industry (www.cii.in). Sairee is also a Director at the maxiMum store Co., a space for women. Sairee is a visiting faculty at IIFT, New Delhi and a member, CII Committee for MSMEs.
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Innnovative ways to staff your startups
- 1. Innovative Ways to Staff Your Start-Up 2012 Sairee Chahal Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 2. Staffing for Start-Ups Staffing is the last piece of the hiring puzzle Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 3. Staffing for Start-Ups Start-Ups have no staff They have believers, doers, foot soldiers and problem solvers - all rolled in one! Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 4. Staffing for Start-Ups And they are not found in the market-place Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 5. Staffing for Start-Ups The fact that you need to hire means – you are seeding an institution & it is not about YOU anymore! Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 6. Start-Up An entrepreneurial organization formed to search for a repeatable and scalable business model Blank, Steve (March 5, 2012). "Search versus Execute". Retrieved July 22, 2012 Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 7. Constraints • Money • Time • New skill on the block • Brand • Uncertainty Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 8. Advantages • Agility • Openness • Opportunity • Flexibility • Innovation Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 9. Why Start-Ups Hope Contribute Create Relationships Fit /Format MEANING! Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 10. Entrepreneur Side Story • Operational uphill • Personal style + motivation • Management style (or the lack of it) • Living in uncertainty • Communication patterns • Personal growth • Who do you reach out for help? Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 11. What’s Shaping Work? Decision Demographics, making, geo Family politics, structure, ownership of Mobility resources Business Environment Technology Society Mindspace Technologies, communications, Impact on social networks sensibilities, supporting work responses, key eco-system issues, culture Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 12. Key Trends • Globalization: Global access to markets, technology and talent reshaping businesses • Demographics: 5 generations working together, diversity and inclusivity • Social Web: How we communicate, consume and share impact on employees, customers, and partners Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 13. What is Common Here? Dial-a-Book (09650-457-457) Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 14. Is work changing? Work is something you do and not someplace you go to Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 15. ROWE Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 16. The New Currency Cannot Park, Cannot Replace Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 17. Skills @Work Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 18. Hiring Strategy • SKILL • FIT • FORMAT • STAGE Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 19. Hiring Strategy Change is way of life for you now Introspection is inevitable Reflect and recognize ACT Your business success or failure are not a reflection of you! Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 20. India: in Context • 20 years – 6 Governments – 5 Prime Ministers ONE DIRECTION 6-8 Percent Annual Average GDP Growth Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 21. Talent – Sellers Market? • Job Hoppers Market – Naukri, IIMJobs - counter-offer culture • Early or late stage workforce – interns, senior consultant • Alternate workforce – women, defense, differently-abled Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 22. Work Formats • Part time • Telecommute / Work from home • Contract • Project • Full time flex / Part Flex / Core team flex • SOHO • Franchising / SMB / Freelance Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 23. Process • What does work look like? – Modularity + Clarity + Story • Delivery • Reporting • Infrastructure • Payment • Expectation + Communication Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 24. HR Perspective • Attracting and retaining talented people • Organizational capability for ROWE • Leadership skills • Managing workforce diversity • Talent management of multi generational workforce • Training in technology Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 25. HR Perspective • Information movement fast • Outsourcing of HR duties to rise • Multi-disciplined, multi-skilled administrators and leaders Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 26. Management Perspective • Cutting-edge technology; • Rewards and incentives with immediate payout; • Two-way frequent feedback • Collaborative decision making • Work to accommodate personal and family life • Manage by getting involved Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 27. Workflex • Workflex is harder. Workflex is more rewarding “ Carefully managing our resources and constantly reviewing and challenging what we do and the way we operate” Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 28. Multiple Ingredients Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 29. Fresh Air = Diversity • Reflection of the world we live in and respond to • Heterogeneous views, creativity and talent • Adaptive vs Non-adaptive cultures • Impact on bottom-lines and products Business Case for Inclusion and Engagement. By Marcus Robinson, Charles Pfeffer, and Joan Buccigrossi, (2003). wetWare, Inc. Rochester, NY. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 30. Women and Workplace • Women = Primary caregivers - India = highest number of women grads • Over 30 million dropouts. Over 70% of women professionals take career breaks, opt out or never start their careers • Urban, Educated, Experienced, Credible. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 31. Strength from Flex Flexibility is one of the most important aspects of being a competitive employer Kerrie Peraino, Senior Vice President, International Human Resources at American Express Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 32. Mindset over Matter In the networked environment, the mindset and disposition of workers will matter more than ever - John Seely Brown Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 33. Future Belongs to? The future may belong less to firms organized as hierarchies than to participants in open, networked platforms Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 34. About Fleximoms India’s first Workflex Readiness Specialist Allow customers to successfully adopt Workflex as a value driver Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 35. About Fleximoms • Facilitating women professionals in making suitable work-life choices and connecting them to the world of work • Providing off-the shelf and customized Workflex readiness solutions to businesses • Growing a platform for conversations about women, work and workflex. Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
- 36. Talk to Us! www.fleximoms.in @fleximoms www.facebook.com/fleximoms Copyright @Fleximoms, Workflex Solutions Pvt Ltd.