Although today's show is not about the people challenges of fast growth, the similarities to the post-pandemic hiring situation are striking.
There is natural tension between people who have been with you for a considerable period and people just in the door, We will explore those issues during today's show..
EPISODE 1: WHAT HAS BEEN MORE IMPORTANT - LOYALTY OR COMPETENCE?
This question is actually more difficult than it appears. Given my background as a scientist and engineer I have always believed competence is the tie breaker. But after 5 startups, I have revisited that position because in the early days it matters who is in it for the long haul - even if you have to followup and complete their work.
EPISODE 2: DO YOU HAVE ANY STANDARDS TO SAVE YOU?
If you are in startup mode the answer to this question is usually no. Let's ask the question again - have you established positions descriptions and standard operating procedures that are performance requirements and standards? If the answer is no, then consider all of your personnel decisions have been idiosyncratic - how you're feeling that day or how much do like this person.
EPISODE 3: THE CONFLICT IS NATURAL & THEREFORE PREDICTABLE
The people have been with you initially will be happy to have help and if these are subordinate positions, don't expect any more conflict than is normal in the supervisor / supervised relationship. However if they are being brought into a senior position especially if the people they led anticipated a promotion into that position, then it is going to get rough.
EPISODE 4: CAN I ACHIEVE A WIN-WIN OUTCOME?
It is possible, just don't expect it to be easy. Start early with the hard corps and make it clear that as the company grows they will have first priority for the openings IF THEY ARE COMPETENT for the new position. We are only going outside for expertise we don't have internally. When it happens it won't make anybody feel better but provide a reference point for the conflict.
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Commentary and opinions on entrepreneurial capitalism.