
Copyright
2004 Pfingsten Publishing L.L.C. All rights reserved.
by John
Strelecky
Smart
leaders don’t recruit the best people; they attract them. Why do they do it?
They do it because it makes their lives easier, and their companies more
successful. How do they do it? They have a clearly defined corporate Purpose
For Existing (PFE), they tell the world about it; they live it; and the best
people come to them.
The
success of this method is based on two principles. The first is a very basic
tenant of life on the planet: Like attracts like. It is the reason zebras run
together on the African plains, similar looking fish travel in schools, and in
any given crowd of people, each sub-group is composed of individuals with
similar characteristics. A leader who has defined their company’s PFE is saying
in essence: "I am a zebra. If you are a zebra, come out here on the plains
and join me."
The second
principle is that the best and the brightest in the workforce seek more than
just a paycheck from their job, they seek fulfillment of their own personal
Purpose For Existing (PFE). On average, employees spend 70 percent of their
waking hours Monday through Friday either at work, getting to work, or
preparing for work. For the most part, their work is their life. The best and
the brightest know this and understand this. They want to make sure that while
spending 70 percent of their life at work, they are in some way fulfilling
their own PFE. They seek out companies where the organization’s PFE supports
their own.
The
concept of attracting vs. recruiting might not seem like an important topic in
an era of economic uncertainty where companies are laying people off, or
putting freezes on hiring. The U.S. has been in that situation now for almost
the last three years.
However,
data from the Bureau of Labor Statistics, and independent studies from
professional staffing and Human Resource Management firms indicate a change is
coming. Projections are for labor shortages starting this year in certain
industries and increasing to approximately 6 million skilled workers in 2012.
The
repercussions of such a shortage won’t just be felt in lost opportunity costs
as companies can’t get the necessary qualified talent to serve their customers.
More painful and directly impactful will be the costs felt as employers try to
fill open positions. According to Human Resource studies, total costs to
replace a skilled managerial level employee can total as much as 150 percent of
the departing person’s salary by the time recruiting, training and productivity
costs due to losses with current customers are factored in.
With
studies showing 55 percent of salaried people planning on moving as jobs become
available, this cost could be substantial for individual companies.
In light
of this future, the opportunity to attract vs. recruit the best people, as well
as the issue of maintaining the right employees, both become more relevant.
Leaders
interested in creating an environment where they attract instead of recruit the
best candidates should follow three key steps:
• clarify your
PFE;
• tell the
world what your PFE is; and,
• fulfill
your PFE.
Clarify
your PFE
What is your organization's PFE? Why was the organization formed? What unique
function does it serve? Many organizations already have their PFE as a deeply
imbedded part of their culture, and often it exists in some written form. It
may seem obvious to you as a leader, or to your employees. Now is the time to
either turn it into the written word if it isn’t yet, or make sure it is
clearly articulated if it already exists in writing.
An example
of a PFE that is clear, influential and to the point is that of Merck & Co.
Inc. Merck is a global pharmaceutical products and services company that
focuses heavily on research. Their PFE is stated in the following way: “Our
business is preserving and improving human life.” They back this up with the
following sub-statement. “All of our actions must be measured by our success in
achieving this goal.”
Tell the
world what your PFE is
When you have a clearly articulated version of your PFE, let the world know
what it is. Put it on all your marketing materials, internal documents, Web
sites and communications with buyers, suppliers, customers, campus placement
offices and partners.
Make sure
that when people hear the name of your company, they automatically know what
your PFE is. It is through these efforts that you are saying to the world: “I
am a zebra. If you too are a zebra, come join me."
Your PFE
will have an impact on the people who interact with you. Those who have a
personal PFE that is similar to your organization’s and who in fact can fulfill
their PFE by helping your organization fulfill its PFE, will now be attracted
to you. Think in terms of Merck. How attracted do you think someone is to Merck
if their personal PFE is to improve human life?
Fulfill
your PFE
Ralph Waldo Emerson said: “What you do speaks so loudly that I cannot hear what
you are saying.”
This is
something for organizations to remember. To succeed in attracting, not
recruiting the best people, an organization must live up to the PFE that it
identifies and promotes to the world.
Exhibiting
actions incongruent with that PFE will quickly damage the company’s credibility
and decrease their attraction. However, for organizations that live the PFE
they create, every action they do makes the attraction that much stronger for
potential candidates.
Organizations
that follow these three steps will find themselves approaching hiring in an
entirely new way. Creating awareness about the organization’s PFE and then
interviewing people attracted to the company will become the norm, not
recruiting.
For
organizations that are doing the three steps very successfully, having to work
hard to recruit someone should be an indication that they are trying to get the
wrong person. If someone clearly understands your organization’s PFE and your
organization has done an effective job of fulfilling its PFE, but the person
still needs to be convinced, then you don’t want them in your organization.
Make your
life easier, make your company more successful. Don’t recruit the best people,
attract them.
John Strelecky is the author of The Why Are You Here Café, and a nationally recognized speaker on the topic of creating the perfect company. A graduate of Northwestern University’s MBA program, he has served as a business strategist for numerous Fortune 500 companies.