Confidence is leaving Americans’ heart, in view of irresponsible actions from an Administration unfriendly to small businesses. A commanding 64% of respondents said they have no plans to hire in the next year, underscoring the stalled unemployment numbers and bleak economic forecast. 84% think our country is on the wrong track.
The report prepared for the US Chamber of Commerce by Harris Interactive on 1409 small business owners clearly indicates that a vast majority of them do not intend to hire more employees.
Economic uncertainty is the most important challenge facing small businesses, with 49% ranking it within the top three choices. Small business owners also feel challenged by the national debt (47%), the new health care law (39%), and the impact of regulations (36%).
Dealing with uncertainty
In times of uncertainty, the last thing you want as a business owner is to be surrounded by people who do NOT share your passion for profits, purposes and results.
If the current economic challenges are making it hard for you to expand or even survive, do not make it more complicated by having to spend so much of your time to motivate, supervise, control, order or enforce compliance. Good people need guidance, not orders. Bad people do nothing with guidance and fake complying from fear of punishment. Good people need relationship, more than leadership. Bad people don't care about your leadership nor about your attention.
As Jim Collins, author of "Good to Great" states,
"The Good -to-Great leaders began the transformation by first getting the right people on the bus (and the wrong people off the bus) and then figured out where to drive it." *
* "Good to Great," New York, NY. HarperCollins Publishers, Inc.
If you need to replace some employee or plan to hire more, ensure you attract the right caliber. Do not fall in the personality trap: put your attention on measuring/evaluating some "invisible" but vital soft skills such as loyalty, honesty, persistence and a true taste for performance. Surround yourself with fighters who will engage battles with your competitors - not with you!
Check on this link to see the program of our upcoming No-Fail Hiring workshop, on September 8 2011.
Also, you should do the Hiring Success Potential Analysis before you start your next hiring mission. It is FREE and it might avoid you a lot of trouble. This powerful assessment will provide valuable information on what you need to do to attract the right people, the top players who do not fear challenges but love them!
President/CEO of M2-TEC USA, Inc.
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