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    Business

    Hire Power Radio Show

    Hire Power Radio is created for entrepreneurs, founders, and business leaders to provide experiential learning & the tools to win-win the strongest people. We share solutions from high performing leaders who have figured out.

    We challenge the conventional thinking of how you may be approaching hiring for your company …And we challenge you to empower your team to deliver structured, unbiased, and evidence based interview practices that attract the high performers that will fuel your business growth.

    Entrepreneurship is a wild ride – Hire Power Radio is here to help you to conquer the hire, then the world!

    www.hirepowerradio.com

    Advertise
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    • Google Play
    • Spotify

    Latest Episodes:
    Ryan Foland: The Problems You Solve Trump Perk-Based Employer Branding in Talent Attraction Feb 21, 2019
    Show notes

    Employer branding is a very hot topic! Today we are here to challenge conventional wisdom and say that people pitch their company and themselves wrong.

    They pitch what the company does and the perks they offer rather than the problems they are solving first. Talented people want to solve challenging problems!

    Now I am a huge believer in looking at what everyone else is doing and doing the opposite… it works for me!

    Today’s Quote

    "A problem is a chance for you to do your best." - Duke Ellington

    Show Guest

    As a global Keynote Speaker and Managing Partner of InfluenceTree, Ryan Foland helps executives harness the power of vulnerability and authenticity to build better, more relatable, more profitable brands. Recognized by Inc. Magazine as a Top Marketer and named a Top Personal Branding Expert by Entrepreneur Magazine, Ryan is the inventor of 3-1-3® Method, a discovery process that helps communicate ideas into three sentences, which is condensed into one sentence and then ultimately boiled down to three words. His book Ditch The Act: Unleash the Surprising Power of the Real You for Greater Success, will be published in October 2019 by McGraw-Hill. When he is not speaking, he is likely sailing.

    Episode highlights

    • Why the positioning of your messaging does not attract people to your company
    • Share our methods for engaging talent to be drawn to your company

    Problem

    • No one cares what you do or who you are.
    • Try instead promote the core problem you solve.
    • Lack of Aspirational influence.
    • People not Inspired by the impact your company will have on the world

    Psychology

    • The mindset of the person you are talking to when presenting your opportunity
      • Reptilian brain- in charge of our survival
      • Fight or flight, sexual behaviors, anger & fear reside
      • Keeping people out of the fear zones
    • Rick’s Switch theory
      • The words that you chose to come out of your mouth either turn people on or off

    Solutions

    3-1-3 process - Tease out the problem you solve to uncover the actual pain! Solve the problem of.....

    • 3-problem you solve in one sentence (problem, solution, market)
    • 1- condense to 1 sentence
    • 3- Words (Marriott of marketing)

    Pain being solved by the position & pain of the company that they solved by their customers. Alignment of pain points.

    Eliminates being another me too company

    Example of a good 3-1-3

    The difference between success and failure hinges almost entirely on a company’s ability to hire the right team. One bad hire can destroy the company. We provide a step by step process that eliminates wrong hiring decisions. Startups need a competitive advantage when fighting for talent.

    Rick’s first step

    • Open with a slap in the face by Locating a career wound!
    • Locate the pain first. Match the problems solved with the solutions the person can gain by joining your company.
    • Lead people down a path and let them draw their own conclusions

    Key takeaways

    • Nobody cares about the words coming out of your mouth
    • People are attracted to the problems you solve
    • Change your messaging! Problem, Solution and Market

    Ryan's Social Media

    Instagram Linkedin Twitter Facebook


    Chris Russell: Better Ways to Post & Pray Your Job Descriptions to Life Feb 14, 2019
    Show notes

    "Post and Pray" yields mediocre results and yet It is the go-to method for most companies, especially startups. Look, dating apps have evolved so let's take a page from them and figure out creative ways to attract talent. After all, your companies success or failure hinges on it!

    Today’s Quote:

    "Pleasure in the job puts perfection in the work." - Aristotle

    Show Guest:

    Chris Russell is the Managing Director of RecTech Media. He is a digital recruiting expert. He began his career as a job board owner where he first learned the craft of attracting talent online. He's also a former corporate recruiter with real-world experience in the recruitment process and technology implementation.

    As as a recruiting technology/marketing consultant he advises both employers and vendors on how to attract candidates or clients. He frequently blogs on the news site, RecruitingHeadlines.com, podcasts a weekly show called “RecTech” and conducts live video training on recruitment marketing tools and tactics at RecTechLive.com.

    Episode highlights:

    • Why you should look at approaching job postings differently
    • The best ways to market your opportunities
    • Tools available to help you automate the process

    Let’s talk about the approach almost all companies take

    • Write “job descriptions” (wish lists)
    • Do Not copy old ones!
    • Post on job boards
    • Farm the Job boards
    • Passively work employee referrals

    The Job Description Format

    • -short 300 words or less - According to Linkedin?
    • Employer value proposition
    • Q&A job descriptions
    • Video
    • Cybersn.com
    • Harry joiner - long form job

    Rick’s Format:

    • Build your job descriptions around uncovering a Career Wound
    • Build in Performance Metrics! - Let people know how they will be evaluated in their first 90 days

    Tools to Use

    • Ripl- social media video slideshows
    • Buffer, deliverance, smarterqueue
    • Legend.im- turns text into animation gif
    • clipomac


    Where & How to Post

    • Indeed- biggest board out there. - active candidate pool
    • Linkedin-
    • Facebook job board-blue-collar, hear
    • Google for jobs - Take advantage of all the free avenues
    • Take an Omnichannel approach- you need to be on all the channels. Be where your candidates are and continuously add content
    • Automate the flow of content out.
    • Be resourceful - text or email creative pictures (you next to a whiteboard with the person’s name written on it)
    • Angelist?
    • **Pushing out to facebook, twitter & LinkedIn. Video gets the most engagement and exposure
    • Times to post 4-6 pm at night FB- 3 pm on Wednesday


    Key Take-Aways

    • Go Short or Go Long!
      • Re-format your job descriptions to Attract people! Define the % of time spent on tasks as well as performance metrics
    • Market your jobs by taking an omnichannel approach
    • Get Creative & use Tools to automate getting out your message

    Brendan Rogers: Lean & Scrappy, Then…Boom! You Receive Funding. Now What? Feb 11, 2019
    Show notes

    Today we are discussing the Steps to building & scaling headcount in growth mode. Making sure that execution & time to fill are aligned.

    Today’s Quote:

    "Growth is never by mere chance; it is the result of forces working together." - James Cash Penney

    Show Guest:

    Brendan Rogers, Co-Founder & Leading Recruiting of Wag Labs, has raised over $360 million in venture capital, most recently $300 million from Softbank's Vision Fund. Wag! connects pet parents to dog walkers and is currently live in over 110 U.S. cities. He co-founded a social discovery service to meet new people which grew to over 50 million users in over 10 countries and was acquired by IAC in 2014.

    Brendan's next big event will be speaking at the ERE Conference on April 22-24th.

    Episode Highlights:

    • How to ramp up from 0 to hero
    • Steps to put in place to avoid making hiring mistakes

    You company closes your first round of funding

    • 10 -12 roles from Nothing
    • no resources & no systems in place
    • Spreadsheets, manual task-oriented, process

    Preparation before go mode

    • Building out pipelines, similar spaces, consumer-related companies.
    • How to avoid making the wrong hire.
    • How to scale for maximum impact
    • Tools needed. Process in place, a foundation to scale.
    • Get really good at identifying the right people, connecting the dots, sourcing- research
    • He does a ton of research, knows his space.
    • Strive to keep quality really high. Target specific businesses.

    Action Plan & Execution

    • First hire should be a recruiter
    • Identify what is needed & write job descriptions
    • Right messaging
    • Tackled building pipeline, hired.com
    • Spreadsheet
    • Hired a recruiter, brought in an ATS (applicant tracking system)

    First:

    • Get an ATS system first! -like Newton, Google (hire with Google) Greenhouse, lever
    • - take open requirements and intake with each hiring manager. Know the roles from top to bottom

    Second:

    • Build a pipeline, training managers on how to use the ats, become partners with the hiring managers

    Third:

    • Hire a recruiter only after 5+ open roles.
    • Admin- for cost savings
    • Having a foundation will only help you to scale.

    Key Take-Aways

    • Be best friends with your Hiring Managers
    • Be on top of everything
    • Always be available
    • Invest in the right tools

    Shannon Johnson: Having the Right Mindset to Get Hired Jan 31, 2019
    Show notes

    A great hire happens when Career & Hiring objectives are in alignment.

    Now more than ever, people want to feel whole in their careers and personal development has taken the lead in the decision-making process. Today we are going to look at hiring from the Interviewee’s perspective.

    Today’s Quote:

    "The things that bring you the greatest joy are in alignment with your purpose" - Jack Canfield

    Show Guest:

    As a Success Mentor, Shannon Johnson's passion for people has been the common denominator of her success throughout her 25 year career in corporate America. Today she is founder of her company, Stand Out and Get Hired, inc...taking one of her most successful achievements in launching best-in-class products to market, to now, launching the most exciting product of all...our future leaders.

    Shannon worked for leading Fortune 500 companies in the retail, staffing, and pharmaceutical industries. Holding positions in marketing, management and sales, she has always been attracted to innovation and addicted to influencing others to think differently and get better every day.

    Her mission is to inspire ambitious, driven, college students to take action in preparing to embark on their careers where they will thrive. She knows that Everything is possible when you believe in YOU FIRST & take action!

    Episode highlights:

    • How to hire & get hired in the right role
    • The 3 pillars to “Stand Out & Get Hired”

    Mindset

    • Getting your game plan together to successfully get hired
    • Settling for a “job”
    • How do you get the interview first?

    Preparation

    • Not performing at 100% in an interview kills your confidence
    • Interviewing burns people out, then you lose momentum
    • Emphasis on the Resume- important but not
      • The resume is really a screening tool for the company!

    Why is this important

    • Being sold on the Mission!
    • Bring your value and strengths to life
    • Mastering the skill of interviewing
    • Prepare for what will happen
    • Practice- mock interviews
    • Put your “Game face” on

    How does a person/company stand out to make the right decision

    • Know your values
    • Your Why
    • Target what you Desire
    • Take Action

    Shannon’s plan

    • Building your Brand
      • Expert in You… values, vision, strength building
      • Strength dashboard- strength finder assessment
    • Grow your quality network
      • Linkedin network, utilizing, leveraging and maximizing relationships that already exist
    • Sharpen your Interview Skills
      • Skills to beat your competition
      • Fundamentals: approach the opportunity, preparation (dress, execution)
      • Interviewing is a behavioral test. (highlight stories around 10 different behaviors)
        • Practice, follow up (stand out and be memorable)
        • Be relentless with follow up!

    Rick’s Input

    • Identify target companies (no spray and pray)
    • Utilize Linkedin, Separate yourself from the pack (rise above)
    • Be pleasantly persistent & ask for the Interview

    Key Take Aways

    • Align with your purpose
    • Take action to beat your competition
    • Self Awareness, Grow your Quality Network, Sharpen your Interview Skills

    Katie Weber: Evaluating Your Team to Get the Right People in the Right Seats Jan 24, 2019
    Show notes

    Today we are talking about Workforce Planning and our goal is to provide Clarity of what is really needed vs. what you think you want. Evaluating Your Internal Team and Your Mission is crucial to get the right people in the right seats at your company!

    Today’s Quote:

    "Never look back unless you are planning to go that way." - Henry David Thoreau

    Show Guest:

    Katie Weber, Founder & CEO of KMW Recruitment Consulting, a recruitment and coaching firm specializing in high-growth and transition scenarios for small to mid-size companies. With nearly 20 years of diverse recruitment experience, Katie has worked around the world with early stage start-ups to Global Fortune 500s. She now utilizes that experience to quickly assess recruitment challenges, recommend and implement best practices, and find creative solutions ranging from engaged search to plug and play recruitment teams for her clients. She has developed a Recruiting Search Framework with supporting tools that facilitates organizational communication, reinforces recruitment branding, eliminates bias, and attracts the right talent. With the addition of High Performance & Career Coaching, she ensures that the candidates she places change the game with levels of confidence, employee engagement, productivity and influence that are off the charts. Her hires are often the company's best hires and top performers. The company motto is: It's not just about filling a position, it's about fueling your mission!

    Katie serves on the Advisory Board for London-based start-up, Grad DNA, holds a BA in Psychology from Elizabethtown College, and has a coaching certification from High Performance Institute. She is available for speaking engagements or workshops and will be a speaker at the April ERE Recruiting Conference in San Diego.

    Episode highlights:

    • What happens when you don't plan?
    • Where to start
    • How to implement your hiring plan

    Why is it important?

    • Run Lean- Instagram sold for $1B to Facebook with just 13 employees (2013)
    • Cost of a Bad Hire
      • Kills Morale, productivity
      • Disengagement is contagious

    Planning & Kicking off your hiring plans for 2019

      • Evaluating the Mission
        • Defining what needs to be accomplished
      • Think about leadership first.
        • Evaluate the team that is already in place (workforce planning)
      • Budget & Timeline
      • The volume of positions needed to be filled, vs lack of internal leadership to manage them- open headcount before leadership.
    • Invest in hiring / promoting strong leaders
      • To chose the right recruiting strategy (partner, in-house recruiter)

    Define who “We” are and Who we need

    • First Who, Then What - Jim Collins
      • Dare to Go From "Good to Great" - “First the people, then the direction”
      • Get the Right people on the bus, In the Right seats
      • Get the Wrong people off the bus

    Evaluating your internal team

      • Cultural fit (Values, Attitude, Mission Ownership)
      • Education & Training required
        • Provide resources
      • Work Performance
        • Current
        • Growth
    • Accomplishments- Recognize even the small wins
    • Fulfillment- breeds engagement > Increased Productivity

    Employment Branding/Messaging

    • Define the 3 things that are most important to them in terms of the job search
      • (open leadership) for greater collaboration
      • Top 3 trait alignment
      • What does that mean
      • Usually describing a company challenge
    • Transparency

    Take Aways

    • Evaluate your mission, evaluate your people
    • Over communicate everything!
    • Fit people into your Company and not your Job

    Liran Kotzer: Will AI Really Keep People Engaged with Your Company? Jan 17, 2019
    Show notes

    What do perspective Employees really want? A Personal connection or an automated interaction? I argue personal connection!My hope is that AI will be the disruptor that eliminates the transactional relationship from the recruiting process. AI is here and already starting to affect the way in which people interact with potential employers.

    Today’s Quote:

    "Automation is going to cause unemployment, and we need to prepare for it." - Mark Cuban

    Our Guest:

    Liran Kotzer, Founder & CEO of Woo.io. A serial entrepreneur, Woo.io is Liran’s third startup. For the past decade, he has been immersed in helping redefine and advance the online tech recruiting and hiring market sector. Liran spotted a market gap for helping employers and tech talent find each other much more efficiently, without all the hassles and wasted cycles between the two groups.

    Show hightlights:

    • Where AI is already having an impact & where it is REALLY useful
    • Should you Leverage AI to maximize your impact (employment brand awareness)

    What AI can and cannot do NOW in terms of recruiting

    • very interaction is totally transactional- can not be humanized...yet
    • Can’t yet fake a “Personal” connection
      • The nuances of human interaction
    • @scale- need technology to do the heavy lifting
    • Continuing an ongoing relationship
      • Automation using AI & ML
    • What do people (candidates) really want?
      • Personal connection to release or an automated release?
      • Communication, feedback & closure
    • Cultivate a relationship for relevant skills for future
      • Can automation REALLY cultivate relationships??
      • No- Neither can email or texting

    What recruiting functions is AI replacing

    • Transactional components
      • Sourcing, Gathering intel (contact information), Farming
    • Process

    Where is AI in recruiting relevant now

    • AI & ML to keep a pipeline warm.
      • Ability to create communication with the candidate in a unique & personalized way to help them to keep them engaged. To be able to recognize changes in behavior.
    • Understand your relevant audience. Can do the job and feed the culture (flexible)
    • Expand your target audience ("official" resume vs. True Skills)
    • Content?
    • Skills-based recruiting

    Take Aways

    • Shifting from transactional recruiting into a long term relationship is a critical component for winning the right talent ahead of the competition
    • Technology can mainly assist you in maintaining long term relationships with your pool of talent and also with scouting the right people at the right time
    • Technology will not replace human interaction.

    Craig Weber: Interviewing for Conversational Capacity Jan 10, 2019
    Show notes

    Conversational Capacity is the ability to balance Candor and Curiosity under pressure. Critical elements to every entrepreneur and business leader who are building an organization. And yet this element is often overlooked in the hiring process.

    The great news is, it can be taught!

    Today’s Quote:

    "The single biggest problem in communication is the illusion that it has taken place." - George Bernard Shaw

    Show Guest:

    Craig Weber is the author of the best-selling book, Conversational Capacity: The Secret To Building Successful Teams That Perform When The Pressure Is On (McGraw-Hill, 2013) and Influence In Action: How to Build Your Conversational Capacity, Do Meaningful Work, and Make A Powerful Difference (McGraw-Hill, 2019) (Amazon.com). He is also the founder of The Weber Consulting Group, an alliance of experts committed to helping people build more resilient, healthy, and agile organizations. He helps people and teams dramatically improve their performance by treating dialogue as a discipline.

    He works with people and teams from such diverse organizations as Boeing, The Royal Bank of Canada, Kaiser-Permanente, PWC, The CDC, the Pancreatic Cancer Action Network, and Los Alamos National Labs. He’s also working with legislators in an expanding list of states to help them engage in more constructive policy debate.

    Episode highlights:

    • What is Conversational Capacity & Why is it important
    • How do you interview someone and accurately evaluate their conversational capacity
    • What our audience can implement today to hire & manage stronger

    What is conversational capacity?

    • Definition 1: Constructive, learning-focused dialogue about difficult subjects, in challenging circumstances, and across tough boundaries.
      · Definition 2: The Sweet Spot. Where candor and curiosity are in balance. Open, honest, direct, yet open-minded, humble, and eager to learn. This is where the best learning occurs. Smart people working smart.
    • Elements / Communication Traits
      • When triggered: MIN Low candor. WIN Low curiosity.
      • Need the ability to remain balanced. Everyone struggles, but often in very different ways.

    Why is it important?

    • Defines teamwork. A team that can’t communicate when the going gets tough isn’t a team.
    • Why good intentions are never enough: The gap between how people believe they behave bow they actually do.
    • Work the issue on both sides: Hire for Attitude and personality (fit) and then build your team’s conversational capacity.
      o Hire right, then create a “Conversational Code of Conduct” – clear behavioral norms; formal or informal– to align team behavior with organizational strategy.

    How do you recognize and evaluate

    • Evaluation of the process
      • Well thought through the process
      • Preparation emphasis- prep call beforehand

    Interviewing for Conversational Capacity

    • Locate evidence of past experience
    • Personality Assessment
    • Behavioral Interview - questions
      • Tell me about a time you had to give negative information up the chain to your boss. How did you handle it? What did you say?
      • With a colleague?
      • To someone who you managed?
      • Tell me about a time you were really wrong about something or someone.
      • What was your family dinner table like growing up?
    • Mock Interview!
    • People can learn to converse in a more disciplined, balanced manner. There are skills.
    • To be good at working in the sweet spot, everyone needs to do some work. If someone is UNWILLING to do that work, well, let’s just say there are some people you’d prefer were working for your competition.
      • CCOC

    Key Take Aways:

    • conversational capacity needs to be on your management dashboard
    • It affects every aspect of your organization’s performance from decision-making, to managing change, to running meetings, and implementing strategy.
    • Hire the right people and then make sure you manage them in a way that allows them to bring their best work to your business.
    • Get the right people around the table (ability to learn; right temperament, etc, and then build CC of team. Each person will have to do some work to stay balanced.

    Joe Mullings: How to Choose the Right Recruiting Partner for the New Year. Jan 03, 2019
    Show notes

    A true partner has your back! Look for the person who shares your values and invests the time to understand the intricacies of your company.

    Today’s Quote:

    "Destiny is no matter of chance. It is a matter of choice. It is not a thing to be waited for, it is a thing to be achieved."

    - William Jennings Bryan

    Show highlights:

    • Reflect on your internal process
    • Walk through understanding & managing expectations
    • Provide you some tools to evaluate the right partner for you

    Be honest about your internal process

    • What are your main hiring challenges
      • moving too slow?
      • Too many cooks in the kitchen.
      • Recruiter relationship
      • Type of search you choose makes a huge difference

    Clearly define & communicate Expectations

    • Partner for process
      • Partners ask for a slide deck & messaging collateral at a minimum
    • Diligence
      • Ask for a synopsis of what they think they heard, what the positions about what methodology and the messaging they are going to use
      • How you are being represented is crucial
    • Candidate Management expectations
      • What will I become? Make it easy for the individual.
      • Make it easy for the person to plug in. put together a landing page, catered toward the person.
      • Ghosting is unacceptable on either front
      • Live document to get them to lean in.

    Recommendation for evaluating the best firm for your needs

    • Evaluation of the process
      • Well thought through the process
      • Preparation emphasis- prep call beforehand
    • Ask for references
      • The last 3 candidates placed- How well did you service the people who did not get the job
      • How did you represent your candidate on behalf of your client?
    • Agility and endurance

    Learn about the liability of the organization

    • How do people handle information
    • Over-indexing toward behavior way too far to the left
      • Stability is really an illusion, It doesn't exist

    Words of Wisdom

    • Compensation goes up and down due to interest level.
    • Cadence- value of cadence
    • Provide a flex deck tease

    Joe Mullings is a serial entrepreneur, Founder, and CEO of The Mullings Group (TMG), the world’s leading executive talent acquisition firm in the medical device industry. TMG specializes in cultural transformations for emerging technology start-ups and has placed over 5000 people in over 500 companies. Joe is an innovator and thought leader who has been featured on CNBC and in The Wall Street Journal. Joe’s philosophy ‘Build, Inspire, Teach’ has guided his work over the past 25 years specifically through his establishment of The Mullings Foundation, a non-profit with a focus on supporting veterans of war during times of transition. Joe recently served on the board of MassMEDIC and holds a BS in Engineering from the University of Dayton.


    Brenan German Part Deux: Overcoming Your # 1 Hiring Failure for 2019 Dec 28, 2018
    Show notes

    The One change you must make for 2019. Overcoming hiring failures. Spoiler Alert: it is your Interview Process… 1950 called and they want their process back!

    Today’s Quote:

    "I can't change the direction of the wind, but I can adjust my sails to always reach my destination." -Jimmy Dean

    Show highlights:

    • Divulge the secret of an effective interview
    • Halos & Horns
    • Layout our interview structure

    Up front, What is the secret to an effective Interview?

    • Process
    • Alignment
    • Engagement

    Halo’s & Horns

    • Bias, Conclusions & Assumptions
      • Your attitude determines your altitude
    • Gut decisions
    • Coin flip methodology

    Effective Interview Structure

    Brenan’s Format

    • Plan
    • Build
    • Decision
    • Scoring methodology
    • Practice

    Rick’s Format

    • Structure (Organized, Timed, real time feedback)
    • Pre-determined questions
    • Give & Receive Feedback

    Differentiate your company by closing the process with Everyone you decide not to move forward with!

    Brenan German is Founder and President at Bright Talent Resources, Inc., a boutique Human Resources Advisory, Project Management, Training, and Recruiting Services firm.

    As lead consultant, Brenan acts as an advisor to organizations wanting to re-engineer or develop a high performing, measureable, technology enabled, human resources function. Brenan has over 20 years of hands-on Human Resources leadership experience developing intelligent and successful talent management functions within some of the country’s most respected and well-known companies such as The Gallup Organization, Edwards Lifesciences, and Black & Decker. Brenan’s particular expertise involves the alignment of talent management strategies to business goals, and the implementation of systems and processes to reach measureable objectives, demonstrating clearly the bottom line impact expected of strategic Human Resources programs.

    A graduate of the University of California, Irvine, Brenan is an active participant in a number of organizations: Chair of the Orange County Employment Managers Association (OCEMA), Founding Board Member of the Talent Acquisition Group of San Diego (TAGSD), Member of the Society of Human Resources Management (SHRM), and Advisor to Sigma Pi International Educational Foundation.


    Christian Spletzer: Managing Expectations of Time to Hire Key Talent Dec 20, 2018
    Show notes

    After years of experience in the challenging world of executive search, Christian Spletzer founded Clockwork Recruiting to improve how search firms and their clients work together on retained search projects. He designed Clockwork to help recruiters demonstrate their consultative value to their clients at every stage of each project.

    Prior to founding Clockwork, Christian worked as a recruiter and in operations at CT Partners, a Top 10 Global Executive Search firm. Previous to that, he worked within the Private Client Group of Merrill Lynch, and in an e-commerce start-up, 86.com, where he met his Clockwork co-founder, Jay Greene. Christian has a BA in Economics and a Juris Doctorate, and is a licensed attorney in NY, CT, and SC.

    Today is all about Timing! Managing expectations for time and performance to make a key hire is more important than ever. The data is in and we are going to give you performance benchmarks of what your expectations should be.

    Today’s Quote:

    “If you are going to achieve excellence in big things, you develop the habit in little matters. Excellence is not an exception, it is a prevailing attitude.” - Colin Powell

    Show highlights:

    • The challenges and data to support today’s hiring challenges
    • Measurement for performance and what a Great search looks like

    Measuring your search performance

    • Data from over 30,000 search projects
      • Placement rate
      • Days to Placement
      • **Missing: Quality of Hire
    • Key hires are taking an average of 123 days with a 71% placement rate on retained search
    • People don't know how to pick a retained search firm. Most buyers of a retained search run off of bad data. No objective criteria to measure a search firm.
    • Time matters- the longer it takes to get the seat filled, the shorter the ROI. Amazingly costly if a search fails.
    • 22% failure rate
    • Motivations may be wrong.
    • The company is 50% of the equation in a successful outcome

    Companies can go to:Benchmarks - Clockwork Recruiting

    What good search looks like and how to choose the right partner

    Detailed analysis

    • Great- Average under 115 days and over 83% success rate
      • Seniority
        • Managers- lowest placement rate, 80+ days to place
        • C-Level 130+ days, 78% placement rate
      • Department
      • Industry
      • Region
        • New York City - 60% success rate with longest days to hire

    What to look for in a search firm

    • Judge on time/success rate. Buy based on the experience and track record of success.
    • Access to that information. Pick based on the one best suited for the search.
    • Do not bet on the relationship only. Find the company with the track record- if you don't know where to look, you don't want to be sold. Getting more data before buying
    • Track record
    • Specialization in that particular department
    • Inquire about Success rate/Stick rate: good hire vs. bad hire. Still around after a year, two years.
    • Expectations: are very different than contingency search
    • Meta data on actual projects. Who does it the best
    • Hire the firm who brings value above and beyond just presenting candidates

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