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Companies need to have their recruiting and executive search process dialed in to ensure they identify and hire the right people for their organization. No one wants to make a bad hiring decision, but they happen. They can have a huge impact on your organization. The higher up you go on the company ladder, the more detrimental the hiring mistake can affect the company.
There are some signs that show you could potentially be making a bad hiring decision. Here are signs to indicate you are on the verge of making a hiring mistake:
Perhaps the main cause of bad hiring decisions is not being in agreement internally. If you have a disagreement about the role, responsibilities, or the type of person you are looking for, you will have a challenging time finding the right candidate. While it’s the main cause of the main hiring decision, it’s also the easiest problem to fix. You need to be in agreement about the job and the type of candidate you want to hire before you start interviewing candidates.
The strength of your candidate pool and recruiting process is an indication of the strength of your hiring decisions. If you are having challenges finding qualified candidates or you have top candidates drop out during the recruiting process, it’s a sign you could make a poor hiring decision. A weak hiring pool and challenges dealing with top talent is also a sign you may need to review your recruiting process or consult an executive recruiter to help you avoid making hiring errors.
The criteria used to compare candidates and justify why you want to hire them is very important. You cannot have a loose interview process and expect to hire great candidates all the time. You cannot predict a candidate’s performance unless you collect insights into their previous performance during the hiring process. Take meticulous notes.
Boost your executive search process. Check out these blogs to get advice and tips to minimize recruiting mistakes and bad hiring decisions:
Ross Campbell is a Partner and Practice Lead, Financial Services & Insurance with IQ PARTNERS. Celebrating over 10 years of management consulting experience in executive search, recruitment, and training in Canadian financial services and insurance companies, Ross thrives on the belief that business can be done significantly better by investing in the right people.