3 Powerful Ways to Develop Your Employees

How can you grow your staff?

“You’re only as good as the people you hire.” – Raymond Albert Kroc

People are the engines of growth and the heart of a company’s success. Jackie Yeo, founder of Amber Creative, Co-Founder of LadyBoss Asia, recommends 3 ways you can grow you staff!

As business owners, we often hire new staff because our business is growing and we need more staff to handle clients, inventory, marketing, accounting and any other business needs.

However, hiring new staff can be costly and the process takes time especially finding individual with the right fit.

Why not develop your own staff so that the same team can achieve more?

Creating a staff development plan is by no means a small feat but it can pay huge dividends if done right.

Here are 3 ways to help grow your staff:

#1 Upgrade them to senior positions and bring in Interns/Juniors

As junior executives and newbies grow, they generally become faster and more responsible with their work. Their quality of work goes up and they require less checking.

At this point of time, they have become more valuable to the company beyond just performing the tasks they are assigned to do, they are actually able to help check the work of newer staff, reducing your workload.

Specialise their skillsets so they may develop even more advanced techniques and knowledge.

#2 Develop deep and specialise

After some time, you will usually discover that some employees are great at certain tasks but not so proficient in others.

If your team is large enough, consider deepening their competencies. Specialise their skillsets so they may develop even more advanced techniques and knowledge.

For example, in the field of marketing, a staff may display proficiency in social media management such as Facebook.

So instead of requiring them to spread their time over multiple responsibilities such as Google Analytics, Adwords, SEO etc., consider just making them a social media expert by sending them to more advanced courses and setting higher expectations for them.

Nobody wants to be in a stagnant career and therefore this will help to improve staff retention as well.

#3 Evolve their roles to the next level

I have an accounting executive who basically handles accounts for me, which is generally the work of book keeping and filing requirements such as taxes.

As she displayed good expertise in accounts and could handle pretty much anything swiftly and accurately, I decided to help develop her career to the next level by exposing her to finance.

Accounting and finance are related, but they are not the same. In finance, she’s expected to study the company’s financial health, create and track projections as well as come up with suggestions.

Creating a staff development plan is by no means a small feat but it can pay huge dividends if done right.

Nobody wants to be in a stagnant career and therefore this will help to improve staff retention as well.

 

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