Those slides explains the importance of having people management right at the beginning of your entrepreneurship project. It shows the correlation between funding cycle and people management.
3. Startup growth curve
Ideation
Production
Scale up
Funding Seed: £K50-200 Pre serie A: £K400-800 Series A: £M 1.5- 5
Team 1-5 people
including founders
requirements:
Key competency skills
table
Networking capacity
matrix
Motivation report
Team 5-20 people
requirements:
Engagement strategy incl
Values
Basic people process incl
recruitment plan
Clear skills Matrix vs
responsibilities
Team +20 people requirements:
People strategy in line with
business growth.
People engagement strategy incl
L&D and feedback management
Organisation effectiveness plan incl
recruitment plan
HRM in place
4. People Requirements VS the funding
cycle
Seedround
Strong founding
team: cohesion,
vision, delivery
People strategy: list
of actions & results
PreSerieAround
Values creations
Simple people
management
process in place
Clear people
strategy in line with
the business visions
Hiring process
sorted: action and
result
SeriesA
All the item before
Change to HRM
HR department
strategy
Partime to full time
HR generalist
5. Minimum HR administration
requirements for startups
1-5people
Handbook
Contracts
Excel for HR
administration
Free tools people
HR/ Atypical
Outsourced
Payroll
5-20people
All the item
before
Feedback
management
Recruitment
administration
Learning
development
20-80people
All the item
before
Employee
engagement
&retention
Reward strategy
Change to HRM
Partime to full
time HR generalist