Hiring Without Firing.pptx
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Transcript of Hiring Without Firing.pptx
Hiring Without FiringSubmitted by: Group 2
Ankit Jaiswal
Abhilash Sanap
Anupma Naskar
Anjalee Saxena
Nikita Lande
Saurabh Gondane
Shivabalan D.
Summary: A brief overview
Until the 1990s, jobs were uniform and environment was unchanging making hiring process less complex
With the advent of new organizational forms and dynamism, finding the right person to fill a job has become difficult
Systematic approach and sound understanding of job requirements is necessary to improve chances of hiring the right person
Success depends on competencies that are intangible and rarely found on a person’s resume such as flexibility and cross cultural sensitivity
Hitting the hiring bull’s-eye
Hiring process has become more complex
Organizational forms are continually being invented and reinvented
Job responsibility changes overnight
In order to reduce hiring error, systematic approach should be followed to avoid ten hiring traps that company fall into during hiring process
Ten Hiring traps
Reactive Approach
Unrealistic Specification
Evaluating people in absolute terms
Accepting people at face value
Believing references
The “just like me” bias
Delegation gaffes
Unstructured interviews
Ignoring emotional intelligence
Political pressure
Systematic Hiring Process
It is essential to follow systematic process to avoid hiring traps
Systematic process
Investing in the problem
definition
Doing the homework
Investing in the problem definition
Describes the work a company should do before it even starts looking for candidates.
Positional requirements should be defined such that they must be driven by the company’s strategy
New business ventures would require executives who take high level of initiatives and are innovative and possess the ability to assemble and lead a winning team
Comprehensive understanding of the job along with list of competencies is necessary for an employee to do the work sincerely
Identify the position’s “critical incidents” or commonly occurring situations that the new executive will confront and must be able to master
Job requirements from a lateral point of view is essential to bring to surface the competencies, and even the personal traits, valued most by co-workers
Job description should start with the level of education and experience. But the heart of job description is the list of key responsibilities
Behavioural dimension for defining job specifications
Acknowledgement of personal and inter-personal factors required for success
Achieving consensus is an investment that pays long term dividends
Doing the homework
Working on practices that enable an insightful approach to evaluation, thereby ensuring reliability and successful execution of the process.
High leverage sourcing: Constantly look for people who know strong candidates and most of the time one can get right fit for the job through such people
Boundary-less mind set:. A balanced approach is required, wherein we consider both external and internal prospects of the organization
Structured interviews without external influences should be conducted for evaluation including critical questions focusing on behaviour.
Reference checking: It helps to probe on accurate information about the candidate
Conviction: Conviction serves as the best tool for persuasion of candidates
Insure the risk: through contractual conditions. Clarity always facilitates smooth integration.
Hiring Framework
Identify company’s strategy
List down competencies required for the job
Generate a pool of worthy candidates
Conduct structured interviews
Recruitment based on motives and primary fears of the
candidates
Critical Review
“Reactive approach” may at times prove beneficial – like when the predecessor has been a good performer
The hiring of one person to the capabilities of an entire team may not work well when other members with complementary skills leave the company
Trying very hard to bag one candidate also makes the firm liable to accepting steep terms he/she may set, which may hurt the firm in the future
Conduct scenario-based interviews where interviewees are put into the job role they have applied for, for a limited period of time