Congratulations! You have been selected as the winner of the most promising MBA graduate, and an anonymous angel investor has agreed to bankroll your new startup business. His requirement is that it is not a one-person operation, but needs to start off with three to five employees, including you. He is going to give you a limited recruitment and on-boarding budget of $10,000 (the amount is arbitrary, and is used only to make you look realistically at advertising options, so as to avoid saying “run full page ads in the Wall Street Journal” or something like that). He wants to see a plan for how you are going to find, recruit and train your team. (For the sake of the exercise, don’t worry about the costs of equipment, material etc. that you will need to start your business – this is about getting the people).
In your plan, you will need to identify what sort of business you are going to open. Once you have decided that, you will need to determine what tasks need to be done in order to operate your business, so that you will know how many people you need and what knowledge, skills and abilities they will need to have.
Please include the following in your plan:
A complete job description for each of the positions you are hiring for. You can utilize the format of the job description from the text, or find one elsewhere, but utilize a form and add it as an attachment – do not include in the text of the paper.
A recruitment plan identifying:
What specific advertising venues you plan to use
Why you chose that specific source
The costs associated with each source.
What type(s) of interview(s) will you conduct for each position you are hiring for, and why you chose that type.
Identify three attributes (i.e. friendly personality, ability to multi-task, etc.) that a successful candidate must possess for each position you are hiring for. Then select one interview question per attribute you will ask each candidate that will help you determine if they have that attribute. (So, if you are hiring for three positions, you will have identified three attributes for each position, and one question per attribute – for a total of nine questions).
What training method(s) you will utilize to get your team up to speed, and why. Be specific.
The paper shall be ten (10) pages in length, including the job descriptions, double spaced.
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