One of the co-founders of Pace, the world’s leading supplier of set-top boxes to the pay TV market, has launched the first in what he intends will be a series of start-ups with ambitious partners.
Rob Fleming and former Relay Recruitment business manager Kate Hill have formed Cubed Resourcing, a specilaist recruitment company that head-hunts mid-level professionals in the electronics, FMCG manufacturing and related supply-chain markets.
Based in Wetherby, Cubed is the first in Fleming’s new portfolio of start-ups that work to his ‘expertise for equity’ concept. The business model, which will see entrepreneurs gradually acquire the companies they jointly establish with him, aims to encourage and mentor a new generation of owner-managers across the North.
Like Cubed director Hill, all have spotted a gap in the market and secured financial backing and guidance from an industrialist with a wealth of business growth skills and experience.
Mr Fleming said: “Shaped by industry for industry, the Cubed approach is one of joint enterprise and consultancy. We’re definitely not going to be on the periphery of things, only to be called upon to fill short-term gaps. We’re about adding value to a client’s long-term strategy as well as their short-term needs.”
The firm’s ethos is that talent acquisition should be an ‘always on’ discipline.
Kate Hill said: “We recruit for potential; identifying and securing these scarce commodities for employers just as they hit the ‘sweet spot’ of their careers – when they enter their most productive periods – with employers completing their development when they sign up.
“Nobody else in the region is looking at emerging ‘mission critical’ personnel in the electronics/manufacturing markets in this way, but our view is that finding and approaching breakthrough talent and those with transferable skills – ‘head hunting’ – should not only apply to executive grades.”
Mr Fleming has an extremely strong track record in the electronics sector, having helped take Pace from a back-bedroom operation to a listed multinational with global revenues of £1.2bn and a worldwide staff of thousands.