Outstanding Advantages of VP Recruitment for Your Organization
Startups and SME firms have often understood Vice President recruitment as appointing a leader to oversee operations across certain horizontals. It could be sales and marketing, productions, finance, IT, HR, or administration. The Vice President role is often misunderstood. A general practice is to promote an internal champion. For example, a high-performer sales director is promoted to VP of Sales. A few years down the lane, the business has not gained any major advantages. Everything is run in the same old manner. Revenue is flowing in mostly through repeat business and peaks in market demand. If you want to gain significant advantages through VP recruiting, get more clarity on the objectives of Vice President recruitment and what the position is really about.How To Plan Vice President Recruitment For Achieving Higher Growth?
If your vision of Vice President recruitment is to have someone who can manage operations in a do-as-directed manner, it is a waste of the huge amount of money you will be paying through annual salary and benefits. It is better to hire an operations head for such purposes. If you want a top-level leader to guide the C-Suite, directors, and managers, find ways to upgrade processes and performance standards, create action plans to transition toward Lean, responsive production processes, and increase revenue streams and customer growth, then you are ready for VP recruiting. When planning for Vice President recruitment, create a profile based on what an ideal candidate can do for your company. Here is a list of duties that are common to Vice President roles across industries. This is not a definitive or exhaustive list but a great reference tool for drawing the right profile.What Can A Vice President Do For Your Business?
- Gives More Bandwidth To The CEO For Accomplishing Top-Level Goals
- Identifies Why Revenue Targets Are Missed And Solves Issues
- Discovers Root Causes of Customer Churn
- Implements Structures To Boost Customer Growth and Retention
- Implements Measures To Trace Product/Service Quality Issues
- Monitors Operations and Employee Performance
- Guides the CEO In Achieving Tough Business Moves
- Contributes to Process Improvements and Innovation
- Analyzes Financial Reports and Improves Revenue Management
- Assists in Minimizing Operational And Financial Risks