One of my favorite assignments has been to visit my alma mater and recruit graduating students. It’s been fun to sit across from them as they start their careers and give them a sense of what is possible in the corporate world. They are eager, bright and full of potential. Who knows what they will accomplish as they follow their passions and develop their skills?
I fondly remember my own college interviews. My interests came down to two very good choices of solid companies. Both did the kind of work that interested me. Both were in good geographic locations. Either might have worked out well. I chose the Texas company and never looked back. All these years later, I can state that I was well rewarded for my career there. I learned, contributed and gave back to the company many things.
The inducement to work for one company or another comes down to the factors that are important to you. As I mentioned, I cared about the focus of the company, my specific assignment, where I would live and, of course, the pay. More or less standard concerns, I would guess. That’s the way I was recruited and it was the way that I recruited others that were starting out in corporate life.
What about recruiting for the competitive intelligence function that you are building? Why do you need other people? What inducements make a difference to the people you want to recruit? And how is the best way to approach your candidates?
In the formation process of the competitive intelligence function, it will be essential to recruit help from within the company.
Here are three reasons why that is true.
- There is too much to do for one person. A prior step of The Human Side of Competitive Intelligence series dealt with expanding the scope. If that step was successful, you are now into areas beyond what you started doing. Engaging with other senior managers (besides your sponsor) will introduce a wide range of topics. Your choice will be either to accept the new assignments (which means that you will need more resources) or reject them because the people to help are not currently identified. I suggest that you accept and put a staffing plan together. More about this later in this article.
- The needed knowledge (e.g., financial, marketing, technology, business development) is unlikely to reside in one person’s head. The exciting challenge of competitive intelligence is the diversity of subjects involved. The valuable competitive intelligence work comes from people that can integrate the disparate information into patterns and stories. Given a choice, this is where you want to focus. The implication is that you will work with a range of experts that have narrower focused than yours. Your task is to identify and begin nurturing these contributors. Make is easy and rewarding for them to supply you with information.
- Less intuitively, it is important to cede ownership of some of the work to cement the support for competitive intelligence. Even if you could do everything, you wouldn’t want to do so. The reason is that you are after meaningful change in the organization’s strategies to make the business more successful. Most businesses involve many people that must understand and support change. And there are not people more interested in these topics than the people that feel ownership. Your job, after recruiting for scale and specialties, is to recruit owners. One way you do this is to give them some say in the direction of the analysis and the interpretation of the results.
How do you recruit someone to help with competitive intelligence?
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