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Managing People Efficiently by Libbler
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Transcript of Managing People Efficiently by Libbler
“The right people,
in the right places,
at the right time,
at the right price
to execute your business strategy”
#1 people challenge
“He is really awesome, we should work with him!”
“She’s available and happy to work for free.”
“I don’t’ see why I need to pay her more when I can find people do it cheaper.”
“We need to replace Jerry, but not sure if we can find someone like him!”
“We’ll definitely need him when we start to do marketing in China.”
Common pitfalls
Business needs
Which stage is my business in and what do I need to accomplish?
Create Product Make Money Get Funding
STRATEGIC
KEEP THE LIGHTS ON
NICE TO HAVE
Tasks
Prioritizing
Create Product Make Money Get Funding
STRATEGIC
KEEP THE LIGHTS ON
What do I need to do to get the next stage and survive?
Do I REALLY need this at this time?
Prioritizing
Things I can/should
delegate
Create Product Make Money Get Funding
STRATEGIC
KEEP THE LIGHTS ON
Who should be doing these tasks?
Is my time better spent somewhere else?
Before hiring, look at your process
Business
Development Sales
Product/Serv
ice Payment
1. Look up potential client
2. Email Client
3. Set up meeting
4. Meet and pitch
5. Follow up
1. Share terms
2. Negotiate contract
3. Follow up meeting
4. Sign contract
1. Send an order form PDF
2. Receive order form scan
3. Sign form and send back
4. Start production
5. Package
6. Deliver
1. Confirm receipt
2. Send invoice
3. Receive payment
1 week – 2week
Can it be:
a)Eliminated?
b)Automated?
c)Done faster?
Before hiring, look at your process
Business Development & Sales Product/Serv
ice Payment
1. Look up potential client
2. Email Client
3. Set up meeting
4. Meet and pitch/ share terms
5. Follow up
1. Share terms
2. Negotiate contract
3. Follow up meeting
4. Sign contract
1. Online Form
2. Send an order form
3. Receive order form scan
4. Sign form and send back
5. Package
6. Deliver & notification
1. Confirm receipt
2. Send invoice
3. Receive payment
4. Autopay
3 days – 1 week
HARD SKILLS
aka
EXPERTISE
SOFT SKILLS
aka
COMPETENCY
To carry out the critical tasks that you can’t do
yourself or you need to increase capacity for.
Have a focus! (Bad example: Software developer
who also knows banking operations and with direct
sales experience)
MOTIVATION
Consider the day-to-day tasks. What is the single
most important competency to do the job well?
(Good example: someone that works extremely hard
and can handle the rapid changes)
Finding someone passionate and who can grow with
the role & company. (Ensure that what they want
from this role is what you can provide)
MVP - Minimum Viable Persons
Small projects
Less critical
Longer Term
Strategic
Core
Team
Conclusion #2: MVP to A-team
Experiment with smaller projects. Develop your talent pipeline with the long term
goal to build a core team with the right role & organizational fit.
What motivates people?
Learning & Challenge
Working environment
Career progression Sense of fulfillment
Lifestyle Fun & meeting
people
Prestige
Money
✓
✓
Are you ready to manage people?
1. Onboard. Set expectations
3. Mind personal development
2. Set game plan & feedback mechanisms
4. Provide both wins and challenges
5. Create open communication culture