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HR Benchmarking - Hiring Practices

 

Selecting TOP Talent - Are You Using LUCK or LOGIC?

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We have all heard this story over and over again: "Our new hire had all the right experience, good references, and interviewed like a champ!  But here it is, six weeks later, and he's just not working out.  We can't ignore the fact that he's simply wrong for the job, and we made yet another hiring mistake.  Now, we have to start all over again!"

Better luck next time?

Not necessarily.  If you continue to select talent the way you always have, you're just hoping that you'll be luckier next time.  Today, with intangible assets accounting for much of a business's market value, something has to change.

So, what are the options to remedy ineffective hiring practices?  And, which is the logical one?

1. Interview more people, faster!

2. Throw all your resources at recruitment!

3. Find and implement a more effective process!

If you chose number three, you are on the right track. You are beginning to realize that continuing to hire as you always have will not move your business forward.  A new emphasis on identifying and retaining top talent is far overdue.

So, are you willing to invest in a new, logical approach? Or are you going to test your luck against the odds?

Logical Strategies for Organizational Change

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Many businesses are still practicing talent mismanagement through "fire, ready, aim" rather than "ready, aim, fire!"  Although you might get lucky and this approach may work, implementing a more logical and effective process for selecting top talent is the key to your company's future success.  

One approach starts with a clear definition, a job benchmark, of the key jobs your company has to fill.  You will have a much better chance of finding the right fit for a job if you first define the job with an accurate job benchmark, then hire the talent that matches the job.  Yet, this concept is still too new for many businesses.  Besides, is it possible to measure a job and then apply the same measurement to talent?

Yes!  It is possible!  And you can take advantage of a patented, time-tested approach that has proven to be beneficial for many companies in the typical, "unlucky" hiring situation.  Our job benchmark process will help you define jobs and identify matching talent with factual, unbiased measurements.  It's a matter of beginning your next hiring process by assessing the job first and quantifying its top three to five key accountabilities.  The result will be a guide for objectively assessing and hiring matching talent.

 

Use a logical approach to selecting top talent.

Learn more about implementing TriMetrix, a research-based solution -   learn more about TriMetrix.

Let us help you craft a solution that will work best for you and your organization.   Contact us today.

 

© 2007 Target Training International, Ltd.

(The TriMetrix ® System is a trademark of Performance Benchmarking, Inc.)

 

 

HR Benchmarking ~

HR Assessment Tools

 

According to research done by Michigan State University, the typical interviewing process used by most companies is at best only 14% effective in predicting successful job hires.

TriMetrix® can help you.  Learn more about these HR assessment tools.


Let us help you implement a complete talent management solution that will work best for you and your organization.   Contact us today.

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