During my 30 years in headhunting, I have heard about and encountered several nightmare stories. Here is a selection of these and a simple solution.
Hiring mistakes are expensive. The true cost of replacing a recently hired employee can quickly go above their annual salary (taking into account lost revenue and productivity). It makes sense, then, to have a hiring process that is rock solid, minimizes hiring mistakes and is able to produce results. Sadly this is not always the […]
I recently shared with you some experiences from my headhunting business, focusing on how the headhunting process can go wrong and end without employment. There is another common cause of such a negative outcome: the interview. Yes, the core mechanism for hiring people is the common context for making hiring mistakes. This selection tool has been criticized a lot for its […]
Employment decisions are among the most difficult ones for executives. The cost of the wrong decision is high and usually, executives are not well prepared for selecting people. They have not received specific training in making people decisions and after all, they are humans – a thing that cannot (yet) be fully improved. Humans tend […]
Executives sometimes fail. They tend to say that they didn’t find what they expected at the new job, that their bosses had changed or didn’t give them the resources they needed. Their bosses say that the new hire didn’t meet their expectations. They also sometimes think that the person they selected had changed after they […]