66% of hiring managers regret their decision
This week I’ve been talking to two businesses that are expanding about their interview programmes.
66% of hiring managers regret their decision
Both were surprised when I told them that 66% of hiring managers regret their interview based decisions. When you consider the vast sums of money that organisations invest in their recruitment process one has to wonder what’s wrong. The problem is that, despite some having very prescriptive systems, most companies interview and select their new hires very badly. In fact around 40% of new hires go on to fail to deliver the results anticipated.
Top talent walks away
The biggest problem is that many managers will hire on whether they like the person. Then again I know of some interviewers that like to place a lot of pressure on candidates. Only a desperate job hunter will put up with this technique and most “top talent” will simply walk away. The lesson here is that asking questions to make them squirm is ineffective and counter productive.
Future tense questions reveals capability more effectively
Then again most questions are “past tense” and historical questions and a well prepared candidate can shine.
I always suggest asking most quwestions in the future tense that include actions that they would use in the job on offer. It becomes easier to to assess capability for the job that needs doing.
Much, much more revealing
Posing a top talent candidate a real and actual business problem and holding a discussion and debate with them using a white board to record detail and thought processes will reveal much more about “thinking, compatability and ability” than just posing questions. It may take longer, it may be less structured than you currently use but it is also likely to be much, much more revealing.
Gifted employees need not be hard to find
despite the high levels of unemployment many of the businesses that I talk to are finding difficulties in hiring gifted and talented people to join their teams.
This is backed up by the recent research from the CIPD talent planning survey 2011 that found that 52% of businesses are finding it difficult to fill vacant positions with the talent they need to do the job. The CBI suggests that more than half of their members aren’t confident of finding talent to meet their needs.
So what can a business do to find gifted employees?
- Consider using job boards such as those on LinkedIn and Facebook
- Consider using on-line groups and forums to say you are seeking talent
- Ensure that you are looking for the talent that will match the business strategy
- Consider internal candidates
- Consider if the job, benefits and profile of your business will attract the very best and if not then restructure the position so that it will be attractive to the talent you are looking for
- Calculate your talent needs for the present, medium and long-term and create strategies to deliver these
- Don’t be too rigid in recruiting the “very best”. The perfect employee doesn’t exist. But make sure you capture the “best available” before your competitors.
Success energises, failure is tiring
There’s nothing more energising than success and nothing more tiring when things aren’t going well.
Last week I was speaking to one of my favourite friends… John Donnelly.
Now for those that don’t know John he’s one of the sharpest tools in any business toolbox. He lives in Spain where high level business people fly in to ask his advice and fly out again after a few glasses of sangria. We speak on SKYPE, as do many of his clients, and his wicked sense of humour has me regularly injuring myself when falling helplessly off my office chair.
John was reviewing one of my latest video-blog films and made some great suggestions on improving the final result. Everything he said was correct but it meant doing the film again! No problem, the result will be better and I’m energised to re-film it and send him the final (Director’s) cut.
In six months time…
On the other hand I feel sorry for another friend that’s going through a difficult time. Her new team is having great success and is delivering a first class product. As a result, however, is continually being pressured by others to produce more and more. They do this by focussing on the small areas that could be done better and just offer criticism whilst ignoring the excellent work of the project as a whole.
The result is that my friend has decided to leave and within six months will probably be giving in her notice. Having come to this decision she is finding that her tiredness has disappeared, she has a more relaxed attitude to problems at work and is becoming increasingly disengaged. In the meantime her boss keeps telling her “I don’t know what we’d do without you!”
He’s about to find out and at a most inconvenient time, I should guess.
Hiring salespeople, avoiding ordertakers
I’m often asked how to restructure a sales team to make them more profitable faster and how to identify and avoid recruiting order takers that eat up valuable management time.
So here’s a video I’ve uploaded on the topic and hope you find it useful
Hiring salespeople, avoiding ordertakers