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Making Great Hires

by RoundPegg on Apr 07, 2010

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The first in our 3 part webinar series, starring Dr. Natalie Baumgartner, RoundPegg's Chief Psychologist

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The first in our 3 part webinar series, starring Dr. Natalie Baumgartner, RoundPegg's Chief Psychologist

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Making Great Hires — Webinar Transcript

GREAT HIRING, GREAT COMPANIES COACHING ‘PROBLEM’ EMPLOYEES MANAGING YOUR CULTURE

The 1 st in a 3 part series discussing organizational FIT

RoundPegg

Making Great Hires Agenda Photo by: Dano

Agenda

Hiring Overview

Pitfalls

Improvement

RoundPegg Solution

Hiring: We’ve All Been There We’ve Made Mistakes Image by: Danielle Scott

Hiring: Your Hardest Job …But Vital To Your Success

Hiring is:

hard to do well

time-consuming

c) the most important thing you do

d) all of the above

Answer: D Photo by: Skitzitilby

Hiring: How Hard Is It? Flipping Coins Photo by: t3rmin4t0r

Hiring: Failure Yikes Yes, Nearly Half Fail

Hiring: Why Hires Fail Misunderstanding ‘A’ Players

Hiring: Why Hires Fail We See Only Half the Picture Photo by: psyberartist

Hiring: Why Hires Fail Success Is More Than Skills Source: Resume Doctor March 2006 89% fail for reasons that have nothing to do with skills or abilities

Hiring Failures = Fit Failures How We Work Is As Important As What We Can Do ‘ Failed’ employees rarely fail because they aren’t smart. They fail because they don’t fit . Source : LeadershipIQ, Sept. 2005

Hiring: Failure Costs - Money Replacing the Nail That Sticks Up

Real dollars.

50 – 150%

of annual compensation

Photo by: Red TwoLips

Hiring: Failure Costs - Focus and Morale Solving Politics, Not Business Problems

THE HIRING PROCESS NOT BROKEN, BUT INCOMPLETE (and costly)

Improvement: Really Looking at People You Are Only As Successful As Your Worst Hires

“ In determining ‘the right people,’ the good-to-great companies placed greater weight on character attributes than on specific educational background, practical skills, specialized knowledge or work experience.”

Jim Collins, author Good to Great

Improvement: The Resume How Much Can You Believe? Credit: Jessica Nagy at ThisIsIndexed

Improvement: Reading the Resume Look Beyond Accomplishments. Look For Themes. Source: Resume Doctor March 2006 42.7% contain false information

Improvement: The Interview Look for Themes Photo by: Enemy Walrus

Improvement: The References ID When Candidate Was Challenged Photo by: Yullya Libkina

Improvement: Network Tap Your Resources Photo by: 10ch

Improvement: Existing Process and Fit But Still Need To See The Whole Picutre Photo by: 10ch

Improvement: Beyond Your Gut Don’t Get Fooled – D’oh! Photo by: Brain Blogger

WHAT DO WE DO ABOUT IT? OBJECTIVE, SCIENTIFIC MEASUREMENT

RoundPegg Solution: Fit Formula Calculating Fit PE fit = x 1 PO + x 2 PT + x 3 PM + x 4 PJ (…the secret sauce)

RoundPegg Solution: Hire For Fit Beyond What One’s Done. How They’ve Done It. PE fit = x 1 PO + x 2 PT + x 3 PM + x 4 PJ In English. One’s fit to their work environment depends on their fit with the Organizational culture, the Team , the Manager and the Job requirements

RoundPegg Solution: Know Thyself What Makes Your Company, Team Unique? Photo by: Jerrojen

RoundPegg Solution: Survey Thyself Communication, Values and Personality

RoundPegg Solution: Your Team ID’ing Top and Bottom Performers Photo by: Gemsling

RoundPegg Solution: Organizational Print Discovering the Round Hole Photo by: Vince Alongi

RoundPegg Solution: The Process An Objective Measure of Fit RoundPegg Baselines Manager & Team (25 minutes) Candidates Apply RoundPegg Assesses All Candidates Manager Rates High/Low Performers (2 minutes each)

RoundPegg Solution: Organizational Fit Matching Culture and Values candidate

RoundPegg Solution: Team Fit Identifying Top Performing Attributes candidate

RoundPegg Solution: Manager Fit How Do You Communicate? candidate manager

RoundPegg Solution: Fit Ranking Ordered Ranking of Candidates Based on Fit

RoundPegg Solution: Informed Choice Exploring Areas of Fit/Misfit

RoundPegg Solution: Informed Decisions Seeing The Whole Picture Photo by: psyberartist

RoundPegg: Hire for Fit Contact RoundPegg Photo by: Georgivar Natalie Baumgartner Ph.D., Chief Psychologist [email_address] Try The RoundPegg Surveys: www.roundpegg.com/users/new

Making Great Hires

by RoundPegg on Apr 07, 2010

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Making Great Hires — Webinar Transcript