Do you consider your hiring process as key to your competitive advantage?
If not, you are failing to compete at a fundamental level.
Companies are their people. The quality of your company and solutions is determined by your people. Your ability to acquire the best people directly impacts your customers and market stature.
Run a construction company, study up! Run a manufacturing plant, study up! Provide legal services, study up! No matter what your business is, you are always in the business of hiring great people. Hone your recruiting, interviewing, attraction, and retention if you want a great company.
Without excellent hiring and management, your effort to provide competitive solutions is foolhardy.
WAYS TO IMPROVE HIRING
- Attract better candidates (not more, that just creates more work)
- Interview promptly and maintain the initiative. Don’t let the candidate get bored.
- Set clear expectations throughout your process which you cohesively hold the employee accountable for in their review.
- Gather lots of information on each candidate by listening carefully and ask specific challenging follow-up questions with an inquisitive tone.
- Don’t wait. Act. Fight complacency. Meet tomorrow. Schedule the next meeting for the same week. Make the offer promptly. Maintain momentum. Expect acceptance quickly (don’t give candidates time to shop your offer around).
The short version.
- Why should hiring be treated as a competitive advantage?
- Because companies are their people. The quality of your company and its solutions is determined by the people in it, so your ability to acquire the best people directly impacts your customers and your market stature. Without excellent hiring and management, the effort to provide competitive solutions is foolhardy.
- How can I improve my hiring process?
- Attract better candidates rather than more of them, since volume just creates work. Interview promptly and keep the initiative so candidates do not lose interest, set clear expectations you then hold the employee accountable for in reviews, and gather deep information by listening carefully and asking specific, challenging follow-up questions with an inquisitive tone.
- How fast should a hiring process move?
- Fast enough to maintain momentum at every step. Do not wait: meet tomorrow, schedule the next meeting for the same week, make the offer promptly, and expect a quick acceptance so candidates do not have time to shop your offer around. Complacency and delay are how strong candidates slip away.
- Does hiring matter this much outside of construction?
- Yes. Whether you run a construction company, a manufacturing plant, or a legal practice, you are always in the business of hiring great people. Honing recruiting, interviewing, attraction, and retention is a requirement for building a great company in any industry.