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I would postulate the single most important thing a company can do is make money. Hiring is also important though.
by ido 4y ago
I would postulate the single most important thing a company can do is make money. Hiring is also important though.
- next_xibalba 4y agoMaking money is a downstream output of the activities of your people. So, if making money is your goal, the most important thing you can do to reach your goal is to hire the right people.
- SoftTalker 4y agoIf you want to hire the right people, you need to be making enough money to pay them.
- ornornor 4y agoMaking money at all costs usually implies a shitty culture that I personally seek to avoid.
- next_xibalba 4y agoMaybe. But whatever the goal of your organization, achieving that goal is going to depend on the people you hire.
- ornornor 4y agoI wish every organization had read that memo :)
- ido 4y agoNobody said at all costs.
- strangattractor 4y agoCompanies with poor hiring likely don't make money. There maybe a select few that have such a desirable product that they cannot help themselves. Usually that is short lived as competition eats your lunch because your crappy employees cannot adapt.
- Sohcahtoa82 4y ago"Making money" is the result of doing everything else well. It's not difficult to find companies that cut costs in order to increase profits only for it to backfire and result in less money or even bankruptcy.
- badpun 4y ago> I would postulate the single most important thing a company can do is make money. Nobody in the company "makes money" (unless the company is a bank, then they literally do, by giving out loans). The people perform various functions and the money made or lost by the company is a result of a sum total of their actions.