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Performance Strategies, Inc.

 
March 2008
Vol 5, Issue 1
In This Issue:
• The Luck of tthe Draw

 

• Ready, Aim, Fire!

 

• How Performance Strategies, Inc. Can Lead Your Company Through Successful Change!
 

Are You Using LUCK or LOGIC?

Crossed fingersWe have all heard this story over and over again. “Our new hire had all the right experience, good references, and interviewed like a champ! But here it is, six weeks later, and he’s just not working out. We can’t ignore the fact that he’s simply wrong for the job, and we made yet another hiring mistake. Now, we have to start all over again!”

 

The Luck of the Draw

Does “The Luck of the draw” describe your hiring system? If your hiring system consists of finding warm bodies, or hiring the first person that applies, or hiring the one with the slickest resume, you are doomed to repeat the above scenario and your luck may be about to run out if you continue to select talent the way you always have, hoping that you will be luckier next time

Today with intangible assets accounting for much of a business’s market value, something has to change.

“Luck never made a man wise” (Seneca – Roman philosopher). What does make
one wise is to establish an integrated hiring system. Building such a system might appear to be a huge change for some organizations, however, this system can help you hire the right talent for the job, reduce costly hiring errors, grow your profits, and make your competition wonder how you got so lucky.

What’s In Your Hiring System? A totally integrated hiring system goes far beyond ads, recruiting, applications, background checks, etc. While these are basic components of most every organization’s hiring scheme, they are not enough to ensure that you will hire the best fit for the job, reduce turnover, or increase productivity. You know, like finding a four leaf clover with every hire.

So, what are the options to remedy ineffective hiring practices?

1. Interview more people, faster!
2. Throw all your resources into recruiting!
3. Find and implement a more effective hiring system!

If you chose number three, you are on the right track. You are beginning to realize that continuing to hire as you always have will not move your business forward or reduce hiring costs. A new emphasis on identifying and retaining top talent is far overdue.

So, are you willing to invest in a new, logical approach? Or are you going to test your luck against the odds?

Ready, Aim, Fire!

Bow and arrowLogical Strategies for Organizational Change

Many businesses are still practicing talent mismanagement through “fire, ready, aim” rather than “ready, aim, fire.” Although you might get lucky and this approach may work, implementing a more logical and effective process for selecting top talent is the key to your company’s future success.

One approach starts with a clear definition of the key jobs your company has to fill. You will have a much better chance of finding the right fit for a job if you first define the job, then hire the talent that matches the job. Yet, this concept is still too new for many businesses. Besides, is it possible to measure a job and then apply the same measurement to talent?

Yes! It is possible! And you can take advantage of a patented, time-tested approach that has proven to be beneficial for many companies in the typical, “unlucky” hiring situation. Performance Strategies’ benchmarking process will help you define jobs and identify matching talent with factual, unbiased measurements. It’s a matter of beginning your next hiring process by assessing the job first and quantifying its top three to five key accountabilities. The rest will be a guide for objectively assessing and hiring matching talent.

So why wait? Increase your “luck” in finding the right person for the job by adding this new, “logical” assessment methodology to your current hiring process to help prevent poor hires and the related drain on your business. Your investment in an effective talent selection process will undoubtedly be a valuable decision in the future success of your business!

How PSI, Inc. Can Lead Your Company Through Successful Change:

dianeBy now, you're probably figuring out that change isn't always as easy as it looks. But that shouldn't take away the fact that, despite the challenges, the right kinds of changes are always worth it. The secret, of course, is getting the right kind of help.

With more than twenty years real-world experience in change and productivity, PSI can work with you to begin the New Year on the right foot. We've helped some of America's top companies hire, train and develop their employees with an eye for getting more out of their human resources and the bottom line. Our success has been built on the four pillars of any continuous improvement plan:


• Commitment
• Accountability
• Coaching
• Follow-up

barPSI offers a variety of assessments, tools and processes to help individuals and organizations reach optimal success. With our experience in government, hospitality, manufacturing, medical, and education – not to mention dozens of other industries – you can be sure we can help you take your team to the next level.
•• Call us at 404.320.7834 or 1.800.906.7834 today for a no obligation consultation. If you're looking for an affordable yet effective way to reduce costs, improve productivity and increase profits, then we want to hear from you.
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