Grand Central Station, New York City

Are you Hiring and Promoting the Right People?

Lynn Collins and Brad Chambers
April, 2019

Great vision without Great people is irrelevant

– Jim Collins

People love it when they discover a great find, whether it’s a new restaurant, a great idea, or a new consumer product. Similarly, organizations and leaders love it when they discover a great new hire: a person who fits the culture and makes them successful, someone who gets along with colleagues and can be a wonderful contributor and colleague. A hiring manager might describe that peak moment of success when they have selected the perfect job candidate, “just as predicted.”

Unfortunately, this perfect candidate, selected for a perfect role, isn’t always reality. Hiring managers are subject to biases during the hiring process, often leading to high expectations and false hope. In fact, overreliance on a hiring manager’s evaluation is one of the primary reasons hiring mistakes are made.

Research shows that traditional methods of selecting employees are not optimal. Resumes may be embellished, applicants may land roles based on who they know or good first impressions, and casual interview questions may not be appropriately job-relevant. Promotions can be based upon an inadequate sampling of job-relevant skills, such as networking or technical skills, but not potential to manage and lead.

Furthermore, the wrong hiring decision can lead to massive consequences on overall company success. Consider the cost of a poor hire for your organization. What are the time and training consequences for your team? While each case depends on the role, the cost of a bad hire can cost your organization up to three times their salary.

For optimal results, all leaders and organizations want to be sure they:

  • Have the right talent to realize vision and goals
  • Retain organizational culture
  • Keep up with rapid talent growth
  • Increase retention and engagement
  • Increase quality of hires
  • Increase diversity
Office desktop

Facing this laundry list of requirements, with high stakes in terms of time and financial cost, organizations need to find a better way to hire and promote. This is where assessments for selection and development play a massive role in the success of the organization. Using assessments for hiring at all levels from Executives to Individual Contributor that evaluate job and culture fit provide data resulting in better hires for the organization.

Assessing a candidate’s fit in the context of the organization’s strategy, business model, and cultural context take the guesswork out of hiring. Decisions made using assessments are not abstract and intangible. These predictions are based upon scientifically valid and legally defensible assessments, gathered from analyzing the role or roles to be filled, understanding the capabilities that lead to success in the role, and consistently evaluating candidates against targeted benchmarks and success to gauge their success.

"It kills us to hire leaders who are a poor culture fit. It literally takes years out of our progress. We don’t normally move them back out of the company for 9-12 months and by then the damage has been great."

- Chief Technology Officer, Global Transportation Company

The key process starts with “who”? Who should be hired, who should be promoted, who is a great fit for the company vision and strategy? Then, candidates are assessed against the required capabilities to determine those who will be successful and are selected for the targeted role. This helps organizations to maintain their competitive edge, efficiently and effectively determining who to hire, how, and where these employees can maximally contribute.

By increasing your organization’s ability to select the right candidates, you can improve critical metrics such as productivity, team performance, satisfaction, retention, engagement and more. Success starts with the right people.

Contact Us to Learn More

BTS is a public company traded at the OMX Nordic Exchange Stockholm under the symbol BTS b
© BTS All Rights Reserved