Hiring the Right Candidate for the Job and Your Company
by
Kate Smalley
Published on this site: February 4th, 2004

Increasingly,
companies are evaluating job candidates on how well they fit their corporate culture
- not just the job.
It's an important consideration, as shrinking budgets
and economic uncertainty put a squeeze on corporate environments and demand smarter
hiring practices.
Filling open positions can be a grueling, expensive and
lengthy process. According to recent research by global human resources firm DBM,
94 percent find the average job search is taking four to six months, with the
majority seeing most job seekers taking about five months to secure employment.
And finding a new, senior-level position in the current job market takes more
than 12 months, compared to about seven months in 1998.
To manage the more
extensive search process, many companies are using personality assessments to
find the right person for their company. In fact, one third of 2,100 human resource
managers recently surveyed by the American Management Association were incorporating
personality profiling into their hiring decision-making process.
Personality
testing allows companies to go beyond first impressions and analyze the true value
of candidates' skills and character. The goal is to determine how the combination
of the two will fit into the organization.
Considering a job candidate's
characteristics can help employers determine if that person has the right ability
and adaptability for their work environment. For example: a new hire may have
outstanding abilities, but if he doesn't have the communication skills to work
well with a team, he may not be the best candidate. The company may be better
off hiring a great communicator with average skills that can be improved upon
with training instead.
The bottom line is: Personality assessments can help
companies hire the right employee - and retain them longer. And employee retention
saves companies money and valuable time due to lost productivity and costs associated
with recruiting and hiring.
In addition to personality testing, more businesses
are relying on the expertise of innovative firms like ASearch LLC to help them
identify the best candidates for the job and company. ASearch is a Connecticut
executive search firm that heavily factors a potential employee's character into
the recruitment and hiring process.
In his 30 years of organizational development
consulting, Bruce Clinton has watched too many poor executive hires endanger the
success of organizations. But very few executives fail because of their resume,
says Clinton, a founding partner of ASearch. "Most failures are due to lack
of the right behavioral or
cultural fit."
If you only hire on experience,
he poses, how do you deal with the behavior and chemistry that walks in the door?
"We help the hiring authority get beyond the tip of the iceberg, which is
the resume, experience, interview and references
to find the best fit for
the organization's culture and job requirements."
ASearch takes an
in-depth approach that helps its clients lower their transaction costs. The company
provides value-added services such as a company culture analysis of the executive
team. As a result, job candidates submitted to companies will all meet the cultural
and behavioral requirements for the
position and will have third-party assessments
to verify their qualifications. Therefore, their clients generally only need to
review a few candidates to find the best match.
ASearch's process guarantees
the suitability of candidates and removes the risk of a poor fit. "Our value
proposition is not offered by all search firms," Clinton says. "As a
matter of fact, I don't know of any that do all we do."
The company's
approach is evidenced by its bold slogan: "We go beyond the search. We take
the risk and doubt out of your next critical executive hire."
ASearch
is a major New England search firm that represents decades of organizational development,
executive search and assessment experience. Following are questions and answers
about the company's background and perspective on the executive search process.
More information is available at the company's Website at http://www.asearchllc.com.
Q: Why did you start ASearch?
A: I saw this
as an opportunity to fill a gap in an under serviced and misunderstood market
of closely-held businesses. I believe small and medium sized businesses are the
key to our economic growth and felt that this retained search business could make
a positive difference. And between my background and that of my two partners,
we had an exceptional value to offer key executives and company owners.
Q:
Tell us about your experience.
A: My background is over 30 years of organizational
development consulting to closely-held and family businesses.
Prior to this, I was owner and president of a residential
real estate business with two locations plus a new home sales
division; president and owner of a land development company;
and general partner of a limited partnership which developed
200 acres of land into a luxury subdivision of 96 lots. I
later joined the consulting company that helped me build my
real estate business when I sold it to one of my managers
in the mid-seventies.
Q: What about your
partners and their experience?
A: Anthony Townley has over thirty
years of staffing and executive search experience. He conducts our searches once
the position requirements have been defined. Barry Foster has extensive assessment
knowledge and is a leader and innovator in the business and executive coaching
profession. Barry and I procure the retained search assignments, facilitate the
development of the position requirements with the position development team and
the selection team, and
coach the integration process of the new executive.
Q: Describe the typical client you work with.
A: Closely-held
companies with a sweet spot of $25-100 million in sales. We have worked with organizations
with sales of $4 million to over $300 million. We deal mostly with the CEO or
President of the organization or the COO.
Q: Can you give us an
overview of your company and its services?
A: ASearch takes the
risk and doubt out of the next critical hire an organization makes. We take an
organizational development approach to make this a reality. We help our clients
understand their culture, define the position and the goals for the first 30,
60, 90 and next 180 days with agreed upon evidence of goal accomplishments, required
and desired experience and education and the objective psychometrics required
for the new position based on the understanding of the culture and position requirements.
We also make sure that the selection team understands its role in making this
new key person successful. Finally, we coach the integration process of the new
hire with reviews at the 45- and 90-day time periods. At that time, if all parties
are progressing as expected, we extend our guarantee for the balance of the first
year from the date of hire.
Q: Any additional information about your
services?
A: Because we become so knowledgeable about an organization
and are able to provide so much value, we often reach the level of trusted advisor
and are asked to assist in other organizational development type assignments.
In this case, we will do the assignment or bring in other professionals who we
have worked with to perform the services on behalf of ASearch and the client.
Q:
Have most of your clients had a negative hiring experience?
A:
Yes. Almost all of our current search clients have had a poor hire in a similar
position or understand the value of getting the right fit the first time.
Q:
Can you give us an idea of how much money is lost due to these failures?
A:
It's hard to gauge the lost opportunity costs -- which are the higher costs --
lost business, turnover of good employees, lost production and bad comments about
an organization which means opportunities you will never get or know why. On the
tangible side, are the transaction costs, advertising, resume culling, extensive
interview time, training costs of the wrong person once hired, lost wages and
benefits, placement fees, law suits for wrongful discharge, contractual costs,
relocation costs and contractual separation costs if the executive is let go for
any reason but cause. Minimum figures for turnover of an executive have been four
to five times the annual salary.
Q: Why have those employees failed?
A: If you interview companies, you will find a lack of cultural
fit (chemistry) and behavior that did not allow the new hire to perform i.e. no
sense of urgency, low energy, not able to make a decision or hold people accountable,
etc.
Q: What are the challenges you see facing employers who are
trying to do it on their own?
A: Understanding the real requirements
of the position and their culture, being able to get below the surface or tip
of the iceberg to match the position requirements to the candidate, determine
what is success early on as well as long term, integrating the new hire into the
organization and working out the rough spots - especially if the position requires
different behavior(s) than the current culture.
Q: At what point do employers
give up their own attempts and seek your help?
A: I am not sure
the
need to know that there is a better way than the traditional search firm... Otherwise
they will continue on a hit or miss proposition. I knew of one firm that turned
over a key executive position three or more times and still did not get it right.
Q:
Can you quantify the retention rate of employees who were sourced on their own,
compared to those hired using your firm's services?
A: No, but
the cost of any turnover is great
We know that if you know how to define
your culture and the position and have objective means of measuring the culture
and behaviors required for success in this culture doing the position
requirements,
with the right experience and education you will have little chance of turning
over the position. That is why we offer an unprecedented one-year guarantee to
everyone who uses our process.

Copyright 2004
Kate Smalley Connecticut Secretary http://www.connecticutsecretary.com
[email protected]

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