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Entrepreneurship – Who Should You Partner with or Hire?  - Part X

Karl. A. Parker, P.E., MBA, Board Chairman, Parker Family of Businesses
The Truth Contributor

In previous articles, if you recall, I shared my experiences growing up in a family business located in Toledo, Ohio that buttered its bread with a hiring strategy that primarily employed a family and friends model with mixed results. I also shared my observations that other business entities, and public/governmental organizations also tend to hire friends and family, as well as conduct business with those they know and trust.

Starting a new business enterprise requires courage, bold thinking, acute knowledge of the market that you will compete in, access to capital and committed, loyal, talented employees and partners.  The people that you partner with or hire can make or break any business! This is especially true for new business ventures!
 

Karl. A. Parker, P.E., MBA,
Board Chairman,
Parker Family of Businesses
  

The kind of people and/or partners required heavily depends upon the business venture that you decide to start, and the location where you start the business.

Joining Owens Corning accelerated my ability to evaluate, select, develop and deploy talent. The day the security guard stopped me and questioned why I was entering the building changed my life tremendously. That interaction and my response led to a conversation with the VP of Industrial Security and an introduction to the leader of OC’s corporate diversity team. 

After that conversation, I was asked to become joined the corporate diversity council (CDC). As a member of OC’s CDC I was exposed to a variety organizational development and design strategies. Moreover, I worked closely with the Director of Staffing that was charged with expanding OC’s recruiting efforts to attract additional diverse talent.

Additionally, I was fortunate enough to lead the team that developed the framework for a new corporate mentoring program.  

Finally, the CDC afforded me an opportunity to engage with and learn from experienced human resource executives. I eventually attended an executive MBA program at the University of Toledo where again, additional learning was obtained from interaction with talented, professional classmates and organizational leadership and development thought leaders such as Dr. Simonetti and Dr. Longenecker.

OC provided me an opportunity to lead a variety of engineering projects that required selecting OC personnel and partner engineering firms to work with me on several projects. Again, veteran senior engineers took me under their wings, mentored me and improved my technical evaluation and partner selection skills. Today, I continue to use many of the methods that I learned from them.

So what do I look for in potential employees? I like to hire talented people who have drive and display the initiative to win. I prefer to hire employees who have open minds and know how to work with diverse teams. I look for employees who have good computer skills that know how to use Excel, Word, PowerPoint and other applicable business software.

Moreover, I prefer to hire people who like to improve their skills regularly by attending development courses and obtaining additional degrees. Also, I like to hire employees who like to solve simple and complex problems. Finally, I have a soft spot for people who are hungry and folks who have a variety of great skills but have not been provided an opportunity to show them. Those people typically appreciate the opportunity and ride and die with you to the end.

 I will conclude the series next month with a detailed overview of the process that I use to select strategic partners. Have you ever used a QFD?

To be continued in Part XI - Entrepreneurship – Who should you partner with or hire?

Entrepreneurship – Who Should You Partner With or Hire?  - Part IX

Entrepreneurship – Who Should You Partner With or Hire?  - Part VIII

 
   
   


Copyright © 2015 by [The Sojourner's Truth]. All rights reserved.
Revised: 08/16/18 14:12:40 -0700.


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