{"id":11829,"date":"2021-01-12T00:00:00","date_gmt":"2021-01-12T00:00:00","guid":{"rendered":"https:\/\/www.x4engineering.com\/what-your-scale-up-talent-strategy-might-be-missing\/"},"modified":"2024-10-23T10:43:54","modified_gmt":"2024-10-23T09:43:54","slug":"what-your-scale-up-talent-strategy-might-be-missing","status":"publish","type":"post","link":"https:\/\/www.x4engineering.com\/us\/what-your-scale-up-talent-strategy-might-be-missing\/","title":{"rendered":"What your scale-up talent strategy might be missing"},"content":{"rendered":"

[vc_row full_width=”stretch_row” el_class=”dark”][vc_column][vc_column_text]Article written by Doug Beck, Executive Search Specialist at X4 Technology.<\/span><\/p>\n

The UK is home to some of the world\u2019s most exciting and innovative FinTech start-ups and scale-ups. At the distinctive scale-up phase of company growth after your first rounds of funding and having reached Series A stage or similar, getting the talent strategy right is critical.<\/p>\n

With most scale-ups having achieved growth of 20% or more in either headcount growth or turnover YOY (for at least 2 years) the talent strategy and appropriate talent partnerships will start from around 10 people.<\/p>\n

Due to the scale up phase usually being one of the quickest and most important to a company\u2019s success, it is usually one of the most challenging. I partner with businesses at start-up phase, scale-up phase and beyond, and have found the level of support and guidance at scale-up phase is the greatest.<\/p>\n

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Network support <\/strong><\/p>\n

If you are not reaching out to others in your industry who are at similar growth-stages, then you are missing out on a huge learning opportunity. Connecting with people through events, forums and LinkedIn will allow you to ask questions and share your challenges for peer-to-peer support.<\/p>\n

Research groups online and look out for events coming up that will allow you to network. X4 Technology hosted multiple \u201cvirtual round tables\u201d in 2020 to bring together CEO\u2019s and Founders from companies at similar stages in their growth journey and the feedback was fantastic. At a time where emotions are high, speaking to a \u201cstranger\u201d who knows what you are going through can be a game changer.<\/p>\n

Reach out to me direct if you would like to know more about up-coming events by emailing d.beck@x4technology.co.uk<\/a>.<\/p>\n

Prioritize culture early <\/strong><\/p>\n

At scale-up phase you are confident in your ability to run a profitable business. Success and confidence surrounding your ROI means you are not only attractive to investors, but top talent as well.<\/p>\n

Not prioritizing and reviewing your culture at each stage of your growth can be a costly mistake. Culture is something you develop whether you intend to or not, so it is important to cultivate the type of culture that is aligned to your vision and one that is best for your people.<\/p>\n