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harvey WigderThe Wigder Report

Management Ideas For Privately Held Companies

The goal of The Wigder Report is to provide challenging ideas that will be useful for privately held and family businesses.

Raise the Bar and Hire the Best

by Harvey Wigder

In Good to Great Jim Collins tells us that great companies start by getting the right people on the "bus." The next step is to build on the foundation provided by top talent, and then to involve these smart people in continually defining and refining the company's direction.

We don't need Jim Collins to tell us that there is no substitute for talent. However, this knowledge does not solve the problem of getting it on board. Research shows that most companies are dissatisfied with their recruiting and selection programs. Now, with the hiring climate heating up, is it time to address the problem and hire better?

There are three main reasons that the wrong people are hired. They are:

  1. We hire based on personality not job requirements. That means we hire people who are upbeat, who we like, or who are like us. These aren't bad things in and of themselves, but they may or may not have anything to do with the requirements of the job for which the person is hired.

  2. We talk too much during interviews so we don't get to know some essential facts about the candidates: do they have relevant style and experience for the getting done what needs to be done to achieve the goals of the position and fit into the culture of the company.

  3. Finally, and related to the above, we don't have a method for interviewing that allows us to do an intelligent job of assessing the qualifications of the people we interview.

Although hiring will always be instinctive as well as logical, we increase our odds of using our instincts well with discipline. We need facts before we make a decision. The solutions to this problem are so logical and the costs of poor hiring so great; it is amazing that we don't take the time to improve our skills and processes. To hire smarter, we have to:

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There is no quick fix in moving from mediocre to great hiring practices. In order to succeed you must be committed to learning new skills and to continuous improvement. Lately, I have been working with teams to train and coach them to improve their processes. My methodology is to:

If you would like to discuss improving your hiring practices give me a call and we can schedule a no-obligation meeting. Even if you don't call, take a good look at your process and see what you can do to avoid the three hiring problems highlighted above.

Permission to reprint this article is granted, provided you let me know where it is being printed, the copyright is not removed, and the following text accompanies each article:

Harvey Wigder is the principal of Fulcrum Resource Group. He works with the owners of private companies to develop and implement recruiting, compensation and retention strategies. Contact him at 617-964-1855 with you comments and suggestions on small business management issues.

If you would like feedback for this article, or know someone who might, please let me know.
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