Get help, don't go it alone!
One of the most important
activities that impacts business success is hiring talented people into the
right position. However, research tells
us this is one activity that is most often poorly executed in most businesses;
especially smaller firms. The cost for a
hiring mistake in recent studies range from 2 – 3 times the person’s salary; a
$50K person will cost somewhere around $100K to $150K. Why is this true? What can we do about it?
There are two key factors that
create poor hiring decisions:
Ø
Not having a
hiring process that is designed to identify good candidates and screen out
people that should not be hired.
Ø
Most hiring
managers hire with such little frequency they have insufficient practice
working through the process, using assessment tools effectively and utilizing
excellent interviewing techniques and methods.
I help
managers in the hiring process to overcome the above impediments. Also, I add additional elements that are
proven best practices that increase the probability of making good hiring
decisions to help ensure new hires are successful.
The hiring
process is designed to be a screen to ensure only talented and capable people
make it through.
A simple model:
