Start-ups are by default prone to have high rates of not working out that well because of several odds, but over the last decade or two, the minority of successes include companies that have become large and influential.
A start-up is a venture; often a company which is entrepreneurial in its state of inception and in the very first stage of its operations. Several factors that visualize the key success factors of a start-up venture are growth ambition, market opportunity, market timing, team commitment, scalability and team structure.
Even though a large number of employees are in demand as a large work force is required, it still remains an open question for debate whether they should hire on the basis of quality or quantity.
It's certain that in the beginning while the start-up is just on the verge on getting established, you need to focus carefully on quality. The deeper you get in the process, the more you need to focus on quality candidates. A much closer analysis is needed eventually of prospective candidate’s educational levels, experience, and skills to ensure that your time is spent vetting qualified candidates. The quality or quantity debate is very much capable of boiling down to your client’s needs. Staffing is a troublesome activity. By understanding what a client needs from an employee, whether a recruitment of hundreds of candidates must be carried out, or a small number of candidates who exhibit specific skills and come from unique backgrounds, can make all the difference. However, hiring a mass force can result in the wastage of a number of resources.
Several start-ups’ staffing solutions offer the answer to the entire quality/quantity debate as they claim to know how to deliver the best of both worlds with the strategies that they have manifested even since their organization’s inception. Sue Bhatia’s Rose International, considers staffing as one of their Workforce Solutions offerings. Sue Bhatia, via. Rose, aims at minimizing administrative and labor costs. It aims at providing secure and skilled, quality resources that meet your business and technical needs. Not only that, Rose aims at minimizing lead time for securing skilled resources. Rose provides staff augmentation services nationwide and has added a global dimension with its New Delhi, India subsidiary. Sue Bhatia’s team is dedicated to helping your organization meet its strategic and financial goals. Rose believes if the position requires a very specific set skill, then you should also focus on quality when the job requires such greater skills.
The key benefits of Sue Bhatia’s Rose International’s Staffing Solutions are:
- They offer competitive rates based on only what is needed
- Offer active candidate screening, focusing effectively on quality
- A global recruiting team with access to an international resource pool, hence having more access to quality candidates
- Electronic timekeeping
- They promise to provide the right candidate at the right time
- Their internal IT Managers are free to run projects which results in overall efficiency elevation
The ultimate goal is to create a listing that meets your clients’ requirements, while also resonating with the candidates you are looking for, and they do not have to be many in number. They must, however, be capable enough.
A start-up aims at achieving a set of goals, including fulfilling customer/client requirements, adhering to product risks, taking care of the final end product and its circulation in the market, and designing a suitable environment for the respective product to be developed. Moreover, the staff has the tendency to make all the difference in achieving these goals and their implementation. Hence, it’s deemed necessary for every start-up to chalk it out at the very beginning whether their goals would require a quantitative assessment in terms of staff selection or would they require only a handful of highly skilled and high-quality staff members.
Stuart Willson provides a strong ground for this argument by saying: “I don’t think it’s as simple as quality > quantity. There are two separate arguments: one is what happened in the past and one is what is expected to happen in the future. Most start-ups fail. A robust ecosystem should increase the chances of future success (best practices are passed down, fundraising is more available, etc.). While Amazon and Seattle both have historical success, the considerably lower level of current start-up activity isn’t suggestive of similar outperformance in the future. For people investing in start-ups — or going to work at one — this is an important consideration.”
Hiring the best talent is often any workforce’s key strength, in order to achieve all the entrepreneurial objectives, the best talent has to be hired. A plan needs to be made for recruiting both experienced contract workers and freelancers as per your business needs.
It might appear a challenge initially but experienced contract workers, furthermore, attract a diverse talent pool. To deal with everything properly, an HR solutions provider should be hired instead of managing the process entirely in-house.