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Topic : "Innovative ways to staff your startups" Webinar hosted by : Virtual Learning Center of The Hatch Conducted by : Sairee Chahal is the Co-founder - Fleximoms and a serial entrepreneur Sairee started her career as a journalist with Advertising & Marketing magazine and quickly moved on to set-up world’s first daily for mariners - www.newslinkservices.com. In 2006 Anita Vasudeva and Sairee Chahal came together to set up SAITA Consulting Pvt Ltd., a consulting firm focused on Small and Medium Businesses and transforming entrepreneurial businesses. Sairee has worked in start-up mode as well as in large set-ups in research and consulting capacities. This includes setting up Russia and CIS practice for Heidrick & Struggles HSII (www.heidrick.com) and Confederation of Indian Industry (www.cii.in). Sairee is also a Director at the maxiMum store Co., a space for women. Sairee is a visiting faculty at IIFT, New Delhi and a member, CII Committee for MSMEs.
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Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Innovative Ways to Staff Your Start-Up
2012Sairee Chahal
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Staffing for Start-Ups
Staffing is the last piece of the hiring puzzle
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Staffing for Start-Ups
Start-Ups have no staff
They have believers, doers, foot soldiers and problem solvers
- all rolled in one!
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Staffing for Start-Ups
And they are not found in the market-place
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Staffing for Start-Ups
The fact that you need to hire means – you are seeding an
institution & it is not about YOU anymore!
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Start-Up
An entrepreneurial organization formed to search for a
repeatable and scalable business model
Blank, Steve (March 5, 2012). "Search versus Execute". Retrieved July 22, 2012
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Constraints
• Money• Time• New skill on the block• Brand• Uncertainty
Blank, Steve (March 5, 2012). "Search versus Execute". Retrieved July 22, 2012
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Advantages
• Agility• Openness• Opportunity• Flexibility• Innovation
Blank, Steve (March 5, 2012). "Search versus Execute". Retrieved July 22, 2012
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Why Start-Ups
HopeContribute
CreateRelationshipsFit /Format MEANING!
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Entrepreneur Side Story
• Operational uphill• Personal style + motivation• Management style (or the lack of it)• Living in uncertainty• Communication patterns• Personal growth• Who do you reach out for help?
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
What’s Shaping Work?
Society
Business Environment
MindspaceTechnology
Demographics,Family structure,Mobility
Demographics,Family structure,Mobility
Impact on sensibilities, responses, key issues, culture
Impact on sensibilities, responses, key issues, culture
Technologies, communications, social networks supporting work eco-system
Technologies, communications, social networks supporting work eco-system
Decision making, geo politics, ownership of resources
Decision making, geo politics, ownership of resources
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Key Trends
• Globalization: Global access to markets, technology and talent reshaping businesses
• Demographics: 5 generations working together, diversity and inclusivity
• Social Web: How we communicate, consume and share impact on employees, customers, and partners
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
What is Common Here?Dial-a-Book (09650-457-457)
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Is work changing?
Work is something you do and not someplace you go to
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
ROWE
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
The New Currency
Cannot Park, Cannot Replace
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Skills @Work
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Hiring Strategy
• SKILL
• FIT
• FORMAT
• STAGE
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Hiring Strategy
Change is way of life for you nowIntrospection is inevitable
Reflect and recognizeACT
Your business success or failure are not a reflection of you!
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
India: in Context
• 20 years– 6 Governments– 5 Prime Ministers
ONE DIRECTION
6-8 Percent Annual Average GDP Growth
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Talent – Sellers Market?
• Job Hoppers Market – Naukri, IIMJobs - counter-offer culture
• Early or late stage workforce – interns, senior consultant
• Alternate workforce – women, defense, differently-abled
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Work Formats
• Part time• Telecommute / Work from home• Contract• Project• Full time flex / Part Flex / Core team flex• SOHO• Franchising / SMB / Freelance
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Process
• What does work look like? – Modularity + Clarity + Story
• Delivery• Reporting• Infrastructure• Payment • Expectation + Communication
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
HR Perspective
• Attracting and retaining talented people• Organizational capability for ROWE • Leadership skills• Managing workforce diversity • Talent management of multi generational
workforce• Training in technology
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
HR Perspective
• Information movement fast• Outsourcing of HR duties to rise • Multi-disciplined, multi-skilled
administrators and leaders
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Management Perspective
• Cutting-edge technology; • Rewards and incentives with immediate payout; • Two-way frequent feedback• Collaborative decision making• Work to accommodate personal and family life• Manage by getting involved
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Workflex
• Workflex is harder. Workflex is more rewarding
“ Carefully managing our resources and constantly reviewing and challenging what
we do and the way we operate”
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Multiple Ingredients
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Fresh Air = Diversity
• Reflection of the world we live in and respond to
• Heterogeneous views, creativity and talent• Adaptive vs Non-adaptive cultures• Impact on bottom-lines and products
Business Case for Inclusion and Engagement. By Marcus Robinson, Charles Pfeffer, and Joan Buccigrossi, (2003). wetWare, Inc. Rochester, NY.
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Women and Workplace
• Women = Primary caregivers - India = highest number of women grads
• Over 30 million dropouts. Over 70% of women professionals take career breaks, opt out or never start their careers
• Urban, Educated, Experienced, Credible.
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Strength from Flex
Flexibility is one of the most important aspects of being a
competitive employer
Kerrie Peraino, Senior Vice President, International Human Resources at American Express
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Mindset over Matter
In the networked environment, the mindset and disposition of workers will matter more than
ever- John Seely Brown
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Future Belongs to?
The future may belong less to firms organized as hierarchies than to participants in open,
networked platforms
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
About Fleximoms
India’s first Workflex Readiness Specialist
Allow customers to successfully adopt Workflex as a value
driver
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
About Fleximoms
• Facilitating women professionals in making suitable work-life choices and connecting them to the world of work
• Providing off-the shelf and customized Workflex readiness solutions to businesses
• Growing a platform for conversations about women, work and workflex.
Copyright @Fleximoms, Workflex Solutions Pvt Ltd.
Talk to Us!
@fleximoms
www.facebook.com/fleximoms
www.fleximoms.in