Two Hiring Mistakes, Workforce Multiplier and High Performing Teams

The road to success for any early stage medtech venture is complex. Raising capital, meeting investor expectations and navigating an evolving healthcare delivery model is challenging enough, while competition to find the right people to help your organization succeed has never been more fierce.

In an era of talent scarcity, there are?two common mistakes many organizations make and they don't recognize both the direct cost (of a less than optimal hire) as well as the opportunity cost (of not making an optimal hire).

The first mistake is competing for the same exact people that your competitors and other players in your ecosystem are attempting to hire.

The second costly error is hiring a candidate who is a great match on paper and a great interviewer, but who does not also bring enough motivation to do exceptional work (inspired work, as we refer to it) that creates value for your business.

Hiring individuals with the right experience and motivation is not only a successful approach, it can create an environment for inspired work. These are the best hires any company can hope for.

It takes expertise, time and 'outside of the box' thinking to make these kinds of hires, but history tells us that?teams of individuals with?diverse backgrounds, complementary skills+ experience?and an intrinsic motivation to succeed, will not only be a tremendous return on investment, this approach can create teams that are a force multiplier.

Food for thought,

-John

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