When youโre up against large corporations with deep pockets, it can feel like a losing battle. Maybe you’re not able to match their salaries and benefits, but your small business has a powerful, and often under-utilised, secret weaponโฆ
๐ฌ๐ผ๐๐ฟ ๐๐ป๐ถ๐พ๐๐ฒ ๐ฐ๐๐น๐๐๐ฟ๐ฒ.
Unlike large companies where employees often complain of feeling like a small cog in a giant machine, SMEs offer a different value proposition by providing a sense of community, direct impact, and genuine autonomy.
Employees get the chance to work directly with founders and senior leadership, seeing the tangible results of their work. Your size allows for agility and flexibility without layers of bureaucracy, and career development can be a personalised path rather than a pre-defined ladder. This is your “Employee Value Proposition (EVP); but if itโs your best kept secret, and potential talent doesnโt know it , you will come off second best in the war for talent.
๐ณ ๐๐ฎ๐๐ ๐๐ผ๐ ๐ฐ๐ฎ๐ป ๐๐ฝ๐ฟ๐ฒ๐ฎ๐ฑ ๐๐ผ๐๐ฟ ๐บ๐ฒ๐๐๐ฎ๐ด๐ฒ:
- Showcase what makes you special
- Use social media to tell your story.
- Showcase your team members.
- Talk about your mission and values.
- Empower your people.
- Trust them with more responsibility.
- Celebrate wins loudly and often.
Stop trying to be a smaller version of a big company and shine a light on what makes your business unique.
Your size and speed are your biggest strengths, not your biggest weaknesses. You’re just not making them work for you.
What is one thing you can do this week to highlight your Value Proposition?
Share in the comments below! Weโd love to hear your thoughts!