Saturday, May 30, 2020
Why Company Culture Matters When Recruiting
Why Company Culture Matters When Recruiting A big part of successful recruiting and hiring in a high-growth environment is creating a culture people want to be a part of and want to contribute to. Lots of people talk about the importance of creating a great company culture, but the real challenge is enhancing a good culture as you add people and grow. A companyâs culture is always in the background, either motivating or frustrating employees. Saying you have a great culture and having one might be two different things. And, in the context of recruiting, you canât hide a bad culture for long. Eventually, people find out. âCultureâ is about establishing a North Star and pointing everyone in that direction. At OnDeck, weâve spent a lot of time identifying the behaviours we value and those traits that are taboo within the type of company we want to build. Our values inform everything we do and are the reason we are fuelled by the notion of continuous improvementâ"from the products we bring to market to the recruitment programs we develop. Cultural fit is critical: When recruiting, we believe you should never compromise on cultural fit. Never. Even a potential rock star employee can be a bad hire if they donât fit the culture. A negative attitude can infect everyone. Even if an individual has remarkable professional skills, hiring a bad cultural fit is a big mistake. Of course, we want to hire the best people and weâre always looking for them, but how theyâll fit into our culture and how theyâll embrace our values is just as important to us. I know everyone says that, but itâs important enough that weâve introduced what we call the Culture Interview SWAT Team. The SWAT Team is a group of people interspersed throughout the organization that interviews potential hires to determine not just whether or not theyâll fit in, but whether or not they will be able to succeed at OnDeck through making lasting and important relationships. The relationships we create among our colleagues in turn have a positive influence on our ability to succeed and deliver business results. We believe everyone in our company has a responsibility to help each other find success. We spend a lot of energy and time training our leaders to help build a purposeful culture that keeps employees motivated and our company successful. We are a very values-driven organization. How to keep those values alive: Make employees a cornerstone of recruitment and onboarding. Include them in our performance acceleration process (also known as reviews). Account for how well everyone exhibits the values when they interact with each other and our customers. Make sure our employees see how our values impact the decisions our senior leaders make by enabling transparency throughout our company. Thereâs no shortcut to building a good company culture, but itâs worth the effort. It impacts the work we do, how we do it, and how our customers respond to us. If youâd like to contribute to and be part of our culture, can bring your A-Game to help us build a successful company, and feel passionate about leveraging technology to fuel Main Street businesses all over the countryâ"and now in Canada and Australiaâ"weâd love to talk to you. Image Credit: Shutterstock
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