Who you hire determines whether you fulfil tasks or drive a vision.
Training Leadership Consulting MD, Tanya Hulsa, said recently that ‘the cost to a company of not getting the right employee is high’, and it can amount to 150% of the annual cost of a salaried employee’ (Witness, 20 April 2018). And according to Harvard Business Review, 80 percent of staff turnover is caused by bad hiring decisions.
Sam Walton said, ‘The most important decision managers make is who they allow in the door.’ Yet we rush the hiring of new employees at every level. We rehash the old advert, squeeze interviews into tight schedules and make instant decisions just to ‘fill the gap’.
Google’s Schmidt and Rosenberg admit: ‘the not-so-nice-thing is that hiring well takes a lot of work and time.’ But they add: ‘it is the best investment you can make.’ (Erich Schmidt and Jonathan Rosenberg (2011), How Google Works.) And Google’s golden rule, never to be violated is: ‘The urgency of the role isn’t sufficiently important to compromise quality in hiring.’
Contrary to popular belief, we don’t get better at hiring through practice but through reflecting on our practice.
If you are in the KZN Midlands, join Ian Webster at his next Hiring Well workshop at the Pietermaritzburg Chamber of Business on Tuesday, 15 May 2018 from 08h30 to 12h30.
Improve the quality of your hiring decisions. Bring your team to engage with best practices and understand Employment Equity and other legal implications.
For more information and to book, contact Ian on email@example.com