Risk & Business Magazine Spectrum Fall 2020 | Page 15

HIRING APPROACH
GOOD HIRE . WE DON ’ T KNOW WHETHER ANY OF THESE ACTUALLY LEAD TO BETTER HIRES , BECAUSE FEW OF THEM ARE VALIDATED AGAINST ACTUAL JOB PERFORMANCE . THAT ASIDE , THESE ASSESSMENTS HAVE SPAWNED A COUNTERWAVE OF VENDORS WHO HELP CANDIDATES LEARN HOW TO SCORE WELL ON THEM .
We ’ ve properly validated personality tests and found that every personality test that requires a minimum score eliminates as many A Players as C Players . Google any of the popular tests and you can get the questions as well as how to “ game ” the test .
REVAMP YOUR INTERVIEWING PROCESS .
The Topgrading Interview is by far the most thorough , most revealing , most valid interview method . All other interview approaches should be “ revamped ” – into the waste basket .
RECOGNIZE THE STRENGTHS AND WEAKNESSES OF MACHINE LEARNING MODELS . CULTURE FIT IS ANOTHER AREA INTO WHICH NEW VENDORS ARE SWARMING .
The Topgrading Interview “ nails ” culture fit because candidates are asked , for every job , what they liked and disliked about the company and their job and they are asked how every boss would rate them on overall performance , and what their managers would list as their strengths and weaker points .
MACHINE LEARNING MODELS DO HAVE THE POTENTIAL TO FIND IMPORTANT BUT PREVIOUSLY UNCONSIDERED RELATIONSHIPS . THEIR RESULTS GLOSS OVER THE FACT THAT THEY OFTEN HAVE ONLY A TRIVIAL ABILITY TO PREDICT WHO WILL BE A GOOD PERFORMER .
Note : “ trivial ” ability to predict . TopgradingCaseStudies . com shows the results of dozens of case studies . I ’ ve already mentioned -- the average improvement is from 26 % to 85 % high performers ( HIGH , not just okay performers ) hired . Equally important is the fact that all the CEOs say the company is more successful , more profitable because of Topgrading .
IT ’ S IMPOSSIBLE TO GET BETTER AT HIRING IF YOU CAN ’ T TELL WHETHER THE CANDIDATES YOU SELECT BECOME GOOD EMPLOYEES . IF YOU DON ’ T KNOW WHERE YOU ’ RE GOING , ANY ROAD WILL TAKE YOU THERE . YOU MUST HAVE A WAY TO MEASURE WHICH EMPLOYEES ARE THE BEST ONES .
Topgrading starts with creation of a Job Scorecard , the measurable accountabilities the new hire will have to achieve . This is the most rigorous and accurate way to determine what the candidate will be measured on .
ORGANIZATIONS THAT DON ’ T CHECK TO SEE HOW WELL THEIR PRACTICES PREDICT THE QUALITY OF THEIR HIRES ARE LACKING IN ONE OF THE MOST CONSEQUENTIAL ASPECTS OF MODERN BUSINESS .
For four decades , Topgrading companies have accurately measured success hiring before Topgrading and since Topgrading . In the most famous Topgrading case study , General Welch ( under Jack Welch , CEO from 1981- 2001 ) improved hiring from 25 % to 90 % and became the most valuable company in the world . Too bad his successor abandoned Topgrading . And hundreds of thousands of managers have enjoyed more successful careers , using Topgrading to create teams of almost all high performers .
CONCLUSION : The Harvard authors did not cite any excellent hiring approaches . I may be biased but Topgrading is the only outstanding approach . The authors should have known , since there are two Harvard Case Studies on Tograding . Only Topgading has solved the three biggest hiring problems ” candidate dishonesty , poor verification of what candidates claim , and shallow , un-revealing interviews .
Go to Topgrading . com to download the eGuide explaining HOW the three hiring problems are solved . +
Dr . Brad Smart is an internationally renowned management psychologist and is generally regarded as the world ’ s leading expert on hiring best practices . The company consults with many leading companies and hundreds of small and growth companies . Brad has conducted in-depth interviews with over 6,500 executives . He is author of seven books and videos , including Topgrading 3rd Edition : The Proven Hiring And Promoting Method That Turbocharges Company Performance ; The Smart Interviewer : Tools and Techniques for Hiring the Best ; and the training series Topgrading Toolkit , featuring the 12 Topgrading hiring steps and demos of all the interviews . Topgrading methods have helped leading companies such General Electric , Honeywell , Barclays , and American Heart Association plus hundreds of small and mid-sized companies improve their hiring methods .
Topgrading . com
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