More Evidence of Real Growth

August 15, 2017 Leave a comment

Some good earnings reports in the last couple of weeks may be a real good sign for business.  Companies like Boeing and Apple are reporting good numbers.  Leaders in different industries like this showing solid earnings growth has a big impact.

These companies impact all of their suppliers and other companies that they do business with.  If we continue to see industry leaders doing well we can expect widespread growth.  Something we have not see for some time.

 

Todd Kmiec

 

http://www.recruitingblogs.com/profile/ToddKmiec

More Sponsorship?

August 14, 2017 Leave a comment

Despite the recent news about slimming down legal immigration, we’re seeing more companies open to H1B Visas.  The rhetoric on legal immigration is that the Government wants to make sure that legal immigrants coming here are able to contribute to the economy and support themselves and their families.  Basically they are saying they want to avoid people immigrating and going on welfare.

That’s a good point.  A better one is that there are a lot of needs that companies have that need a high level of talent and there is only so much of that talent already here.  Is that a sign of real growth?  The need for more high level talent than we already have here?

Sure is.

 

Todd Kmiec

 

http://www.recruitingblogs.com/profile/ToddKmiec

Real Growth? We can only hope.

August 11, 2017 Leave a comment

Reports are saying that real revenue growth is driving earnings versus just cost cutting which drove earnings for the most part since the recovery began.

Real revenue growth from the actual sale of products and services would be a welcome change.  Probably not enough evidence to say for sure at this point, but if that is what we are starting to see it will be very good for business conditions.

Todd Kmiec

 

http://www.recruitingblogs.com/profile/ToddKmiec

Good or Just OK

August 10, 2017 Leave a comment

We are currently in the third longest economic expansion ever.  It’s also the slowest expansion ever.  We’ve had growth of less than 2% for 9 years.

Significant economic growth is a high tide that raises all boats.  Less than 2% growth is not that.  A real expansion with significant growth is fun.  It accelerates business growth.  The reality is, growth has been slowing for decades.  Not just the last 9 years.

Demographics are not in our favor with the baby boom generation retiring.  After 9 years of slow growth, a period of significant growth seems unlikely and our economy is very mature.   The bottom line is that you can grow a business significantly but it doesn’t make sense to count on a big boost from the economy.  It’s all about the business.

Todd Kmiec

 

http://www.recruitingblogs.com/profile/ToddKmiec

https://www.facebook.com/pg/Todd-Kmiec-and-Associates-194864617211094/about/

Replacement Value

August 9, 2017 Leave a comment

In baseball, wins above replacement is a statistic measuring how many wins a player would get you instead of having an average AAA minor league player in that slot.

What is the value of a new hire over average to the bottom line of the business?  Or the loss of a good current employee versus the average in their spot?

Worth considering.

Todd Kmiec

 

http://www.recruitingblogs.com/profile/ToddKmiec

https://www.facebook.com/pg/Todd-Kmiec-and-Associates-194864617211094/about/

What is a Great Hire?

August 8, 2017 Leave a comment

It’s a good question and worth asking because every situation is different.  Sometimes a great hire is the linchpin of the business going forward.  The part you had to have.  The person who will make it all click.

Sometimes it’s the only candidate you could find that you could also land and who has the skills you need.  It might be more about a project than the next 20 years.  It might be more about the next 20 years than the next project.  The important thing is to know, and then to act accordingly.

Todd Kmiec

 

http://www.recruitingblogs.com/profile/ToddKmiec

https://www.facebook.com/pg/Todd-Kmiec-and-Associates-194864617211094/about/

You’re Fired…..for now…

August 7, 2017 Leave a comment

Whether you like Donald Trump as President or despise him, he brings some interesting perspective to the table on a regular basis.  Recent actions involving Steve Bannon and Jeff Sessions highlight Mr. Trump’s ability to look at every situation without emotion.  It’s just business.

When you aren’t productive and helping the cause or the mission, you’re out, you’re fired, we don’t need you.  When that changes, no love lost, the past doesn’t matter, if you can help us succeed then we need you on board.

On either end, recruiter or candidate, manager or employee,  President or cabinet member, keeping the mission in focus and leaving emotion out can be an enormous benefit.  It’s not personal.  It’s just business.

Todd Kmiec

 

http://www.recruitingblogs.com/profile/ToddKmiec

https://www.facebook.com/pg/Todd-Kmiec-and-Associates-194864617211094/about/

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