A “pivotal talent role” is an identified segment that has a disproportionate impact on the ability of your business to differentiate itself in the marketplace. It may also have a wide variation in quality of job performance. Whilst these are some far reaching investment considerations for the corporate world, they are as useful for the high growth SME to take into account.
Most organic business growth involves the founder of the business juggling the majority of the roles, doing some well and … when finances prevailed outsourcing those that he or she could no longer fudge.
However, there comes a time when proper skills planning becomes essential for planned business growth. Here are two tools that you may find useful when considering who you have in your business now and where they fit in the five phase business plan.
Watch the video and feel free to request the templates firstname.lastname@example.org. I am happy to share.
1. Plan out who currently does what in your business and to whom they report
2. Create an organisational plan that links to your business plan for growth
3. Identify the skills gaps
4. Use the template to consider whether you will recruit or replace or retrain
5. Assess the resources you will need for your growth plans and how much it will cost in your Five Phase Business Plan
Please do share your experiences with these models in the comments below. I am building a portfolio of small business case studies and would love to include examples of what has worked well for you.
PS – If you need further help then give me a call on 07962 626604 to arrange a Skype session with me