Tweak Your Biz » Management » Fire First. Take Control And Cut The Cord Quicker

Fire First. Take Control And Cut The Cord Quicker



In a small business every small action can have a big impact on the future.  A decision that could take months to finalize in a large corporation needs to happen right now in a small business without the time to endlessly contemplate alternative options.  It’s great to have you on board, we’re sorry to see you go.”

Fire First. Take Control And Cut The Cord Quicker

The great part about this is that small businesses can quickly pivot, sometimes changing their whole strategy overnight as they search for the right formula to success.  After all, Twitter started as a side project at a video broadcasting company.  Lots of times, you just have to go with your instinct about what’s the right way forward.

Don’t go away mad, just go away

This need for quick decision making applies to staff as well.  Hiring the wrong people was ranked by small business owners as one of their biggest start up mistakes.  When a new hire isn’t working out, you usually know it right away.  But too often, companies stick with a bad hire much longer than they should to see if “things will work themselves out”.  Quick heads up, they usually don’t.  This is why more and more startups are pulling the trigger and firing new hires quicker than ever.  When a company is burning funds looking for their niche in the marketplace, they can’t have any dead weight holding them down.

How do I get out?

It’s not always as short-lived as Jean Ralphio’s accounting temp job on Parks & Recreation – over before he even sat down at his desk – but it’s not uncommon for new hires at startups to be let go within just weeks or months these days.  Once a company gets larger, it can be much more difficult to get rid of underperformers, but there is much less impact on the organization.  Small businesses just don’t have that luxury.  When’s it’s not right you know it, and the sooner you make the decision, the sooner you can find a better way to allocate your time and resources.

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Love at first sight

Dealing with employees, figuring out how to pay them and what talents you need, is one of the biggest challenges for a growing small business.  You should start out by doing everything possible to hire someone who’s the right fit, but hiring is still as much art as science.  Just because you fell in love with a candidate during the interview process doesn’t mean they’ll do what you expected once they’re actually on the job.  And when they’re failing on your dime you need to act decisively.  It’s not fun to let people go, but it’s even less fun to shut down your business.

Is there someone in your business who isn’t working out?  Bite the bullet, communicate with them openly and honestly, and move on.  It’s what’s best for everyone involved.

Images: ”HIRE-FIRE road sign / Shutterstock.com

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The Author:

Hunter Hoffmann is Head of US Communications at Hiscox insurance and is responsible for media relations, social media, internal communications and executive messaging. Hunter lives in New York City with his wife and two sons - Walker and Otis. In his spare time, he moonlights as Chief Marketing Officer and deliveryman for Junior’s Fresh, a fresh baby and toddler food delivery service and cafe in New York City founded by his wife, Michelle. His passions in life are food, family and the NY Yankees. http://www.hiscoxusa.com/small-business-insurance/

Add Your Comment

  • http://www.callboxinc.com.au/ Maegan Anderson

    Yeah it’s true; it doesn’t get funnier to shut down your
    business because of unproductive employees. If your business is really that
    important, hire people sincerely, communicate with the team and celebrate for
    success. Somehow it would build loyalty and encourage them to work more for
    you.

  • Hunter

    Thanks, Maegan for the great comment. Some great advice and hopefully businesses using your hiring and management advice have to deal with staffing problems much less often.