I’ve recently determined that working is kind of like hanging out in an ocean (bear with me here). It’s got its perks, no doubt – when the weather is nice, the sun is shining, and you want nothing more than to frolic around in saltwater sprays and waves, chilling with your coworkers, living the life. And then, on occasion, Mr. Sun hides himself behind clouds, the temperature drops, and the friendly waves become a lot faster and a lot more sinister. Suddenly, you’ve got to move.
Hiring the wrong candidate is a terrible waste of time and resources. In a recent article, Keith Halperin shares some of the most common mistakes that recruiters and hiring managers make.
Consider this: It can cost $4,000 to $40,000 to recruit and onboard one new employee. Therefore, companies that have implemented efficient hiring practices get the best return on this investment, especially when they focus on acquiring top performers.
How clever – and simple – the act of taking something and repurposing it can be. I learn this lesson repeatedly on Pinterest (rubber door mats for wall art – say what?!), but recently had the chance to witness it firsthand, too. I can’t help but think that the lessons gleaned from such experiences have more to do with the topic of successful employee development than what people may think.
Last year, HCI and research partner Taleo examined the the business impact of an important activity called ‘talent intelligence.’ “As business intelligence captures, extracts and analyzes key data on an organization’s traditional hard assets, talent intelligence centers on key workforce data on its people assets to generate insights that can drive improved decision-making and performance.’