Tips for Making Better Hires

Bad hires can cost plenty. A new book proposes four deliberate steps to hiring the right person for your company’s needs and culture.

Why Talent is Overrated

The conventional wisdom about “natural” talent is a myth. The real path to great performance is a matter of choice.

Passing Judgment

When it comes to appraising performance-appraisal systems, why do so many companies score so low?

Chapter 6: The Talent Powered Organization: Embedding and Sustaining Talent Power

In this sixth chapter of The Talent Powered Organization, the authors explain the importance of understanding and measuring how talent contributes to an organization’s performance. Once that is understood, it is clear that everyone in an organization must be involved in multiplying talent—from top leaders to HR, to line managers, to employees. Therefore, the second part of this chapter focuses on the need to:

* Maintain … [ Read more ]

Richard P. Rumelt

Incentives are good in principle, but did Bear Stearns get competent risk management in return for the $4.4 billion bonus pool it distributed in 2006? Does any organization have to give its CEO a $40 million bonus to secure his services? If you pay people enough money to make any future payment beside the point, don’t be surprised when they take vast long-term risks for … [ Read more ]

Rethinking Retention: If You Want Your Best Executives to Stay, Equip Them to Leave

Rather than guaranteeing employment security, many firms now claim to provide opportunities for employees to accumulate skills and experiences that both improve company performance and enhance employees’ employability in the labor market. This “employability approach” encourages and often expects individuals to take greater personal responsibility for their careers.

Since many believe that the employability approach allows, and even invites, the loss of talent, organizations are often … [ Read more ]

Get Back to Basics in Recruiting Practices

While no company deliberately creates a poor hiring environment, it makes sense to review the fundamentals from time to time and make sure you have the right processes, people and culture in place to avoid wasting recruitment dollars. Here’s how to do it.

Amy C. Edmondson

An exclusive focus on execution-as-efficiency leads companies to delay, discourage, or understaff investments in areas where learning is critical. It’s a given that switching to a new approach can lower performance in the short run. The fastest hunt-and-peck typist must endure a short-term hit to performance while learning to touch-type, just as the tennis player suffers initially when shifting to a new, better serve. These … [ Read more ]

The New Deal at Work: Managing the Market-Driven Workforce

The days of lifetime jobs and employee loyalty are over. Instead, competition and other market forces lead companies to lay off people, and employees to leave for the highest bidder, writes Peter Cappelli in The New Deal at Work. These changes in the workplace are making a salient impact on companies, employees, and the nation. For instance, companies are less likely to provide employee training … [ Read more ]

Death of Office Politics

Forget all you know about workplace interplay. Today’s younger generations have rewritten the rules of the game.

Editor’s Note: a lot of what’s written in this article didn’t ring true to me and seemed pure conjecture and a bit cynical but I’m a bit removed from this particular topic so maybe you’ll find it more accurate?

Taking HR to the next level: A structured approach to developing and executing an effective HR strategy

A recent global survey by Deloitte reveals that only 8 percent of senior business executives surveyed are confident in how their company currently manages talent, though a staggering 72 percent believe people and talent are critical to their company’s results. What must Human Resources (HR) do to gain the confidence of business colleagues, and how can HR provide the critical services and capabilities to allow … [ Read more ]

8 Surprise-Attack Reference Questions to Amp Up Your Hiring Intelligence

You can’t judge an employee’s performance without knowing what they did for former companies. Some unexpected questions can produce surprising insights, helping you amp up your hiring intelligence. hiring intelligence.

Hiring from Outside the Company: How New People Can Bring Unexpected Problems

Rather than hire experienced people from outside, many companies might be better off training fresh recruits with little experience in the industry. That approach can give the firm more control over how the new workers adapt to their employer’s corporate strategy and culture, according to a research paper by Wharton management professor Nancy Rothbard titled, “Unpacking Prior Experience: How Career History Affects Job Performance.”

Reinventing Invention

Malcolm Gladwell discusses the shortcomings of today’s hiring practices. He cites examples of professional sports, teachers, lawyers, and pilots. [Hat Tip to Guy Kawasaki]

Beth Axelrod

Despite years of conversation, I don’t think the HR function has done a good job of attracting enough business-minded professionals into HR. And until we do that, until we make HR a desirable career, or at least a valuable segment in the journey of one’s career—one that has real business impact—we won’t raise the caliber of talent in the function. And until we do that, … [ Read more ]