Co-Founder @NobulRS - specialising in helping companies build and execute growth defining Talent Strategies; building exceptional teams!
After reading the article, it is clear that hiring the wrong talent can have serious consequences for a company. This is why it is crucial for businesses to have a well-defined understanding of what good performance looks like in a role. It is not enough to simply add multiple extra interview stages in hopes of weeding out potential bad hires. It is essential for companies to really dive deep and gain a thorough understanding of the key competencies and skills required for success in a specific role. This includes having a clear understanding of the responsibilities, expectations, and goals of the position. Interviewing against this criteria can greatly increase the chances of finding the right fit for a role. By asking targeted questions that assess these key competencies, companies can accurately gauge whether a candidate has what it takes to excel in the position. In addition to interviewing, it may also be beneficial to incorporate other methods such as skill assessments or work samples to further evaluate a candidate's abilities. Ultimately, investing time and effort into fully comprehending what good performance looks like in a role will save companies from making costly mistakes in their hiring process. By focusing on this, businesses can ensure they are bringing on board top talent who will contribute positively to their organization's success.
💰 82% of businesses reported that hiring the wrong talent costs them significantly more than they anticipated (Harvard Business Review). The costs of a mis-hire can extend past the financial considerations, which often are more than you might think. A mis-hire can have a negative impact on your business’ culture as well. It’s not always easy to spot a potential mis-hire, and unless your team are truly experts in recruitment, chances are they’ll miss the signs a seasoned expert knows to look out for – you don’t know what you don’t know, right? Working with an expert in recruitment can significantly reduce the risk of mis-hire and lighten the load for your team. At Nobul, we’ve got decades of experience identifying and attracting top talent, with a 96% successful placement rate. We work with you to hire right the first time. If mis-hires are one of your top concerns about your recruitment needs, get in touch for a no-commitment conversation about how we can support your business recruit for growth. #recruitment #businessgrowth #talentacquisition