From Idea To A Company Human Resources Basics Of Start Ups

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From Idea To A Company -Human Resources Basics Of
Start Ups

• Ilan Stern
• Director, Human Resources
• Ilans_at_brm.com

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Agenda

• Structure/hierarchy terminology
• Basic Structure and Roles
• Growth Stages and their challenges

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Structure Terminology

• Board Of Directors
• Cs Level CEO, CFO, CTO, COO
• VP Level MRKT, BD, Sales
• Director Level
• Manager Level
• Team Leader
• Worker

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Basic (Human) Structure
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Growth Stages HR perspective

• Idea Stage initial founders team
• 2-4 people, in most cases techies.
• Dreamers, Visionaries
• Strong drive to success
• No managerial skills (not always true)
• No business background
• No roles definitions, no organization everyone
  doing everything.
• Ego issues whos idea/way is the best? Who will
  lead?

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Growth Stages HR perspective (cont.)

• Starting the company (first quarter)
• Fast growth in the RD side (12 people in 3
  months). Management skills needed.
• Tendency to recruit only the best team needs
  to be balanced.
• Opening US headquarters. Recruiting the initial
  management team in the US.
• Motivation is very high the sky is the limit.
• Team spirit is very strong most people know
  each other from the past.
• Design stage. Not everyone can take part in the
  design.
• First contacts with the market.

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Growth Stages HR perspective (cont.)

• Developing V 1.0 (6-12 months)
• RD core team in place. Recruiting first admin
  staff. More processes and order. Not everyone
  comes with the same dedication.
• Continuing hiring the management team in the US.
  Professional executives are taking control.
  Founders roles are changing.
• First inputs from the market changes in the
  product are needed. Communication issues US-IL
  (MRKT-RD).
• More competitors, dreams needs to turn into
  reality. First cracks in motivation.

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Growth Stages HR perspective (cont.)

• Expansion stage (2nd year and beyond)
• Opening more branches worldwide.
• Developing new markets, new products.
• Inter-company communication channels needs to be
  created. hallway talks is not enough.
• Hiring 2nd tier staff. Company is no longer a
  Sayeret.
• Turnover is increasing. More difficult to recruit
  (smaller risksmaller reward).

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Growth Stages HR perspective (cont.)

• Post IPO
• The dream has come true why should I stay in
  the company? (both founders and employees)
• Recruiting is very difficult competition with
  start ups that offer a dream
• The big war only starts, but motivation is
  dropping.
• NEED NEW WAYS TO RECRUIT, MOTIVATE AND RETAIN THE
  BEST EMPLOYEES.

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THANK YOU.

• Questions?
• ilans_at_brm.com