As the owner or CEO of a business, you need a quality team of executives who will support you and help your company become a success. It can be difficult to choose whom to hire, however, and even more challenging to develop existing executives to your standards. Doing so is far from impossible—here are some effective ways to do it.
Look for Prior Experience
This step is especially important for new entrepreneurs who will need all the help they can get to ensure their new business venture will be successful. For example, look for a candidate with prior experience handling financials for startups when looking to hire a CFO for your startup. Your executives’ experience should make up for your lack of experience in the areas where you are weakest. Read More