At its core, recruitment is the same for corporates and SMEs, it's the rigour and aligning the stars that's the tricky bit. Because of resources available, it is often misconstrued that corporates have a greater ability to attract the best talent in the market. However, with both undertaking the same process, SMEs can have as much success by applying the same thinking to each step along the way. Whilst some talent might be out of reach due to their aspirations, if you are creative enough, there is the opportunity to convert them to an advocate of the smaller enterprise.
Defining the job
The process is simple and the rigour should increase as you go from stage to stage:
Unfortunately, most SME's spend around 80 per cent of their time on the selection phase, and not enough time on making sure they have defined the job well and sourced from the right pool of talent.
It's a bit like when a business invests in an asset, for example, machinery, plant, property, the definition of the need is critical to ensure that the right asset can be sourced. Once the specification has been laid out, the rest of the process can be simple: you explore the market for options, you visit reference sites, you see the asset in play, you review costs against a return on investment, you gain a clear understanding of the true capabilities, and you ensure the transition process and ongoing maintenance have your full attention. This way you will have a better chance of realising the return.