Company Success 101: Planting that ideal leader

When a company starts out, it’s the business owner who makes all the key decisions, including whom to hire for a given position. Tyler Tysdal explains in today’s blog the importance of getting the ideal people for management posts.

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Firstly, Tyler Tysdal mentions that hiring a leader out of the gate requires research. Business owners need to have a pool of candidates and get a hold of their resumes. Experience, while necessary, may not be the be-all and end-all when choosing a first manager. A quick look at a candidate’s social media account may also reveal a lot about his or her character. A short call to his or her references may reveal a lot about his or her attitude towards work, which is something that very seldom, if at all, makes it to the CV.

Second, if a candidate has zero management experience, it doesn’t mean he or she’s not leadership material. Again, a background check might reveal a gem of a hire. Some candidates without experience at the management or supervisory level may not have gotten the chance for various reasons, Tyler Tysdal notes.

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Finally, while the interview may reveal a lot about an applicant, it would also do a business owner good to give a sample management test questionnaire. These tests often simulate situations in which managers need to make key decisions that will greatly affect the company. Tyler Tysdal mentions that these questionnaires are good gauges of an applicant’s grasp of management and leadership.

Prior to Platte Management and TitleCard Capital in 2010, Tyler Tysdal co-founded CCFO, a multi-family office that manages over $700 million in assets. In early 2015, Mr. Tysdal sold his interest in CCFO. From 2007 to 2010, Mr. Tysdal was the Managing Director of a single-family office with over $1 billion under management. For similar reads, visit this page.