Growth tips 30 seconds to business enlightenment.
Hiring is too important to get wrong
10-Mar-2011
Looking back over my management career, the worst experiences were
without a doubt, having to deal with poorly performing or badly behaving
staff members. I remember the stress, anguish, not to mention the loss
of sleep thinking about the tough conversations I needed to have.
I learned many painful lessons, and one of the most important was the
realization that you can make things a lot easier on yourself, and
achieve far better results - if you hire the right person in the first
place.
That’s where the Topgrading
methodology has made a huge difference. Studies have shown that the
way most people conduct their recruiting, the hiring manager will only
successfully hire an “A” Player 25% of the time. Not good enough!
Whereas, if you follow this disciplined hiring methodology; you can
increase your hiring success rate to 90%. So if you want less stress,
more sleep, and better company performance, those latter odds make a lot
of sense.
(RESULTS.com defines an “A” Player as a person who consistently exceeds
the performance standards required for their role; and who
simultaneously demonstrates all your company core values – they are a
role model for your culture. Both requirements must be met).
Like most success factors we teach our clients, it requires real discipline to
learn, implement, and follow such methodology. You take hiring
shortcuts at your peril. Hiring is too important to get wrong!
The process starts with creating 1 page “scorecard” for each role. The
scorecard is the checklist against which everything must be ticked
before you make a hiring decision.
In broad terms, here is what your scorecards should contain for each role:
Core Values.
For any role in your company, the applicant must be able to prove that
they are aligned with, and have demonstrated these behaviors in previous
roles. Otherwise they are the wrong fit for your culture – period.
Key Performance Indicators.
Every role should have a KPI. What 1 or 2 numbers will the applicant be
held strictly accountable for attaining the required performance
standard every month? They must know how their performance will be
scored, and be willing to be held accountable to achieve these specified
results.
Behavioral Competencies.
What specific behaviors “must” the applicant have demonstrated in
previous jobs, in order to be highly likely to deliver an “A” Player
level of performance for you in this role? (When you specify these, it
is possible to construct an interview process that performs “due
diligence” on each of these areas)
Experience, qualifications.
Most companies only recruit for these factors – but they are really just table stakes.
Use the scorecard as the basis from which you construct your job posting
for each role. It will deter many unsuitable applicants from applying
right from the start - which is a good thing. You only want strong
candidates applying.
The 1 page role scorecard is just the starting point for making great
hiring decisions (we will explore the other steps in future articles).
Have you built scorecards for each of the key roles in your company?
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34531334269947::RESULTS.com | The Missing 98%
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Monday
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| Date | 21-May-2012 |



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