The Hiring Process
Assessment Tools as part of your Hiring Strategy:
The top 10 reasons why you should talk to a professional about adding an assessment tool to your hiring process.
Okay, some people are highly intuitive and can spot leadership potential a mile away. Most people are not that perceptive and fall prey to common errors in judgment. Even those who seem uncanny in their judgment sometimes stumble over talent and pick the wrong person. It’s happened to all of us.
The problem is, in today’s business climate, you can’t afford to make many errors in judgment. Picking the wrong person can steer your company off course. At the very least, it can cost you money. A commonly acknowledged rule of thumb is that hiring the wrong person can cost you up to three times their salary.
No hiring strategy is foolproof, but adding an assessment tool to the process may sidestep several serious problems.
So, do you know the common mistakes leaders make when hiring personnel?
1. Top leaders often unconsciously pick someone who is less capable than themselves. The new-hires tend to do the same with their hiring. So, the company’s talent-pool slowly goes down hill. This phenomenon doesn’t bode well for the company’s success, let alone its succession planning.
2. Leaders often pick candidates who are very much like themselves.
3. Leaders often pick candidates for their knowledge alone, without looking at who they are.
4. Leaders often hire out of expediency rather than according to a well thought out plan.
5. Interviewers often rely on their instincts rather than a well thought out set of criteria.
6. Team interviews are often subject subtle (or not so subtle) team pressures.
7. Managers often don’t have clear, multidimensional criteria for the position.
8. If they have clear criteria, they often are not sure how to assess the criteria.
9. Leaders often make snap judgments about candidates, and then live with the consequences.
10. Leaders often hire based on past experience rather than the needs of the position.
Bonus Reason:
Some leaders don’t understand or trust assessment instruments. They see them as too technical, impersonal or gimmicky.
In our next article we will talk about the types of assessment instruments and picking the right ones for you.
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