Staffing Technologies Worldwide is comprised of Staffing Technologies, Staffing Priorities, Epoch Medical Staffing, Financial Priorities and Nine North Consulting.
Jim McNabb founded Staffing Technologies in 1994 on a shoestring budget. McNabb had a business plan based on experience in the staffing industry from The Systems Group and then Talent Tree. McNabb began in an office location located in the basement suite of an executive suite.
Fast forward to today, Staffing Technologies Worldwide now owns its own 15,000 sq. ft. office building in Atlanta, and has offices in Washington, Texas, Tennessee and Singapore. The company has been named numerous times to the Inc. Magazine’s Inc. 5000 list for its continued growth. Over 60 percent of the staff has been with Staffing Technologies Worldwide for over four years when the typical tenure in the staffing industry is around two years.
How has McNabb’s company been successful through several periods of challenging economic times?
Diversification is Key
In Atlanta at the beginning of 2001, there were 390 technology staffing agencies. By the end of that year, there were just 160. In 2010 there were just 207. Learning from the example of his father, Jim McNabb has practiced diversification at every turn. McNabb’s father owned a 4-star restaurant and a furniture store where he was constantly changing the menu and the inventory respectively. Likewise, McNabb has taken a technology staffing company and added a temporary staffing company (Staffing Priorities), a medical staffing company (Epoch Medical Staffing), a financial staffing company (Financial Priorities) and a technology consulting firm (Nine North Consulting).