It is all about your people

What is your company's greatest asset? If you said, it is the people you are off to a great start. Failure to recognize this has caused many companies, managers and CEO's to fail. With that said, there has been a paradigm shift, and companies are finding great value in identifying and keeping top talent. This has become a strategic issue facing many organizations today, especially with the unemployment rate at 3.5%. I will highlight in a series of blogs some of the most essential tools in hiring smart and retaining talented employees. Below I will provide some color on what was done and did not work and lay the groundwork for the art of hiring smart and building your team and culture to exceed expectations.

For years many companies hired people and discovered that their hiring was ineffective. Often these unproductive behaviors led to employee problems which needed to be rectified via

• The selection process
• Coaching and training, changing employees behavior and finally
• Replacing the employee

So why do companies need to do something about these issues?  

• The answer lies in the costs associated with turnover
• The very shallow applicant pool
• To be a great company you need the best employees you can find

Problems with the antiquated hiring process

• As a recruiter, we see a great deal of faulty information out there from candidates
• Candidates exaggerate and even falsify their resumes
• Some candidates are well trained at interviewing
• Poor job matching

The new paradigm in building winning teams includes the following: First companies are recognizing employees are our greatest resource. Next, companies recognize that finding and keeping top talent is a strategic issue that requires resources throughout the organization. The days of hiring solely on instinct are gone to be replaced by more thoughtful and detailed interviewing and onboarding policy's and procedures.

Teams win not an individual.