The right people mix
Kiwi businesses should beware of hiring “just anybody who comes along” because a business that hopes to survive and thrive will need the right mix of people to get through.
New Zealand-based Entrepreneurial Operating System Implementer and facilitator Vijay Nyayapati says there is no question New Zealanders are in tough times — labour shortages, floods, and the cost-of-living crisis — which may lead to knee-jerk business decisions.
Vijay cautions Kiwi business owners not to view job applicants as ‘stop gaps’.
“Arguably, a tight labour market is when companies should think more deeply about employing the kinds of people who can help to ensure that their business will weather the economic doldrums.
“Just grabbing the first couple of candidates that apply is usually a ticket to expensive internal and external problems down the road,” Vijay believes.
“The wrong people in crucial roles could have a ripple effect that demoralises a broader team, and frustrates customers and suppliers.
“The ‘wrong’ person for a role does not mean they are ‘bad’ people. They may just not have the management temperament, or leadership skills.
“Even if it threatens to take longer to find the right person, the potential delay in filling the role and the costs of a comprehensive search will pay off,” he adds.