Lunch & Learn: What’s Next

Acumen’s Suzanne Hanifin and Karen Anderson are hosting:

 

Lunch & Learn – What’s Next

June 12 12:00 pm- 1:00 pm

at:

Portland State Business Accelerator (PSBA)

2828 SW Corbett Avenue, Portland, OR 97201

 

So much to accomplish in so little time: deadlines to meet, investors to attract and please, regulatory hurdles to achieve and, hovering above it all, the unrelenting competitive and investor pressures to be the first to market.

If you are a member of the Biotech community, the screen image of your computer is barely faded from closing the last file you were working on before you have to ask yourself, “What’s Next?” – and then pivot both your body and brain to charge after it.

Having a great product is important; however, a top tier team to deliver and take the company to the next level is essential.

Suzanne and Karen will address how Biotech firms can secure funding while attracting and retaining the best and most talented players.

Topics covered will include:

  • Viewing your company within a 360 degree lens
  • Assessing talent gaps, team and synergy
  • The role of corporate culture
  • Vetting the best Attracting the best: the offer
  • Selling the best: the role of your corporate brand
  • Assessing your team building, recruiting and on-boarding process
  • Forward thinking – What’s next and the talent required to do it

This interactive session will help you think through critical items you may have been too busy or reluctant to assess and face. Join us for this supportive, informative and valuable presentation.

To attend the event:  https://www.eventbrite.com/e/lunch-learn-whats-next-tickets-46130015117?aff=mcivte

The Leader’s Guide to Corporate Culture

Harvard Business Review wrote an excellent article “The Leader’s Guide to Corporate Culture” to help define your organization’s culture and shape it to fit your strategy.

Many leaders often don’t understand culture, ignoring it or handing it off to HR. That can often lead to their plans for their company being derailed. Align culture with strategy and leadership and it drives your organization forward. You can hire and retain great employees, improve morale, and increase profits.

To learn more about culture and how you can use it to shape your organization, read this informative article.

Congrats to Avery Pickard, OEDA’s new Executive Director

Acumen Executive Search is proud to announce the successful placement of Avery Pickard as Executive Director for Oregon Economic Development Association (OEDA).

OEDA is a volunteer board, made up of members with other full-time jobs. When it came time to initiate a search for an Executive Director, the board members determined that they didn’t have time or expertise to devote to the challenges of a complex search process. They reached out to Executive Search professionals and fellow OEDA members Acumen Executive & Talent Search (Acumen) for help finding the right person for this critical role. Acumen stepped up to the plate, putting into action their unique, customized 9-step search process. Reaching into their deep candidate pool, Acumen quickly developed a list of 5 highly qualified candidates and presented them to the board. Ultimately, the board decided to hire Ms. Pickard, who not only had the right skillset for the job, but was a perfect cultural fit for OEDA.  Sara Means, board member for OEDA said, “We at OEDA are thrilled to announce Avery Pickard as our new Executive Director.  With Avery’s leadership, we look forward to the great things ahead for this organization.  The experience we had with Acumen in the search for our Executive Director was superb.  OEDA highly recommends Acumen to anyone looking for assistance with an executive recruitment.”

About Avery Pickard:  Avery Pickard will be reporting to the OEDA Board of Directors. She will have the overall strategic and operational responsibility for OEDA’s programs, expansion, and execution of its mission. Ms. Pickard will manage the day-to-day details and will serve as the face of this organization. She will help develop and implement a new 5-year strategic plan for the merged organizations (AORA & AOI), now known as OEDA, helping bridge the urban/rural divide, and help launch a new professional development program in partnership with the professional development committee. “I am grateful to the board for the opportunity to direct this exceptional organization. OEDA will continue to strengthen its role providing advocacy, collaboration, and education for Oregon’s economic development professionals. I’m excited to work with the entire OEDA network, and to unite our distinguished membership as the primary champions for Oregon’s economy.”

About OEDA: OEDA is a statewide non-profit membership organization that works to support its members – the state and local economic development professionals who are on Oregon’s front line in diversifying and expanding the state’s economy. OEDA believes the success of Oregon’s economic development is accomplished through its core values of advocacy, education and collaboration. OEDA is newly created from merging the Association of Oregon Redevelopment Agencies (AORA) and Association of Oregon Industries (AOI). More information about OEDA can be found on their website at www.oeda.biz.

About AcumenAbout Acumen:  Since 2007, Acumen has been the premiere boutique, woman-owned Executive Search firm in Oregon with global clientele. Acumen works holistically and strategically with their clients to deeply comprehend their business and culture, to facilitate critical hires who can help solve meaningful problems. Visit www.AcumenRecruiting.com

Hiring and Retaining Top Talent

Vistage Research Center conducted a survey of over 1300 SMB CEOs in December 2017.  In their article “Five Ways the Best Companies Hire the Best People” they found that 71% of firms are planning to hire more people this year, up from 60% last year.

Hiring the right talent is the single most critical decision facing CEOs this year.  Vistage said, in part “getting talent decisions right will play a major role in the success of any SMB in 2018”.  In this tight job market, everyone is competing for top talent.  Vistage had some insights for hiring the talent you need and retaining the talent you have.

Talent comes before growth.  Having the right people in the right job is the basis for businesses.  It’s even more crucial for SMB, where depending on one person is greater than for a large company.  In fact, it’s crucial for survival.  Whether you are trying to make investments in your company or increase business, not having the necessary people can cost you money/lost income/revenue.

Retain your current employees while looking for new hires.  In addition to bringing on new people, you need to hold onto the ones you have.  Other CEOs will be looking in your company to hire your people away.  In a small business, the loss of a single employee can cause the collapse of your current processes; you lose knowledge and productivity.

Grow your employees.  Invest in their professional development.  It’s an easy way to help you retain your current workforce and will boost their productivity and improve their skills, increasing the likelihood they will stay with you.

Offer competitive wages to employees.  It is top strategy in hiring talent.  It’s also a smart way to retain talent as it keeps them feeling valued.  If they are deserving, offering them a raise can keep them from looking for employment elsewhere.  Don’t wait until they have an offer from another company.  It’s too late then.

Offer great benefits to potential hires.  It will give you a competitive edge.  Don’t forget to offer those benefits to your current employees.  It will help them feel satisfied and secure.  They will be more likely to stay with you.

You can increase your chances of getting the right talent by hiring Acumen Executive Search.  Cultural fit is our number one priority.  We have a 100% success rate for retained searches, with a 93% employee retention rate that is triple the national average.  Our searches are national.  We don’t just pull a resume from a database.  We go out and find you your next great hire.