In this episode of Growth by Design, hosts Rob Graham and Ross Rosner take a closer look at how small businesses can better align their financial and HR strategies to drive real, sustainable growth. They break down the true costs of hiring and turnover, the impact of poor forecasting, and the importance of connecting people strategy to financial planning.

Drawing on real-world examples, including Netflix’s unique approach to retention, Rob and Ross discuss how empowering division leaders with budget authority can strengthen engagement and accountability across an organization. They share insights on how to incorporate HR costs into your broader business plans, measure the full impact of turnover, and build smarter retention strategies that go beyond compensation.

Listeners will learn how to shift from reactive hiring to proactive workforce planning, use HR data as a forecasting tool, and recognize the financial ripple effects of every hiring decision.

Tune in for clear, actionable guidance on how to treat your people strategy as an investment, not an expense. Growth doesn’t happen by accident. It happens by design.

Timestamps
00:00 Introduction to Growth by Design
00:11 Aligning HR and Financial Strategies
01:26 The Cost of Employee Turnover
03:17 Case Study: Netflix’s Retention Strategy
05:19 Challenges in Hiring and Recruitment
08:17 Proactive vs. Reactive Hiring
08:58 Strategic Workforce Planning
10:49 Incorporating HR Costs into Business Planning
17:29 Conclusion and Final Thoughts

Please don't forget to Like, Comment, and Subscribe.