How $1B+ Companies Find Talent
Welcome to Leveling Up. Today’s newsletter is a 4-minute read.
Here are some things we’re going to cover:
Eric Siu :)
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Deep Dive: How $1B Companies Find Talent
I looked at the strategies of multi-billion dollar agencies such as Publicis, Omnicom, Dentsu, and WPP. There's only one that matters.
Their strategies included a combination of M&A, shared resources, global expansion, investing in technology and tools, innovation and adaptation, brand reputation, robust financial management, and more.
Of all the ones that I read through, one sticks out to me - talent acquisition and development.
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If you want a stellar M&A process, you need the best people for that.
If you want the best technology, you need the best people for that.
If you want to maintain your strong brand reputation, you need the best people for that.
Too often, companies get distracted and let their people/HR department become an afterthought. That's when bozos start to creep their way into the organization. Things slow down, great people leave, bozo rules are created, and the company becomes a shadow of itself.
But if the talent bar is continually raised and talent development is a top priority, everything else falls into place.
That's why the founders should stay involved as long as they can.
For strategic and senior hires, Mark Zuckerberg has been known to stay involved in the hiring process. Elon Musk is known for his intense involvement in the hiring process at both Tesla and SpaceX - especially for engineering roles.
At Single Grain, I've seen the best results when leadership prioritizes talent.
Trust, but always verify
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GTM Expert! Founder/CEO Full Throttle Falato Leads - 25 years of Enterprise Sales Experience - Lead Generation and Recruiting Automation, US Air Force Veteran, Brazilian Jiu Jitsu Black Belt, Muay Thai, Saxophonist
6moEric, thanks for sharing!