Welcome to the Hire Power Radio Show, where entrepreneurs and business leaders learn to hire with confidence and precision. Hosted by Rick Girard, this show is your go-to resource for avoiding costly hiring mistakes and securing the right talent to drive your company’s success. We dive deep into hiring challenges each week, featuring candid conversations with top-performing rebel entrepreneurs, disruptors, and industry experts. Join us every Tuesday at noon (PT) on LinkedIn Live for actionable insights, proven strategies, and the latest trends to give you the hiring edge. Subscribe now and join the movement to transform your hiring game. Do you have thoughts or questions? We’d love to hear from you!
Episodes
Thursday May 17, 2018
Thursday May 17, 2018
Bad hires are the negative effect of a unstructured hiring practice and will manifest itself in the performance of your company. So how do you minimize the risk of bad hires? A hiring structure needs to be in place to drastically increase the chances of making a great hire.
Show Guest:
Rick Franzi is the Founder & CEO of Critical Mass for Business. He is the author of the best selling book “Killing Cats, Leads to Rats” -Mitigating the unintended consequences of Business Decisions.(Amazon.com)
Rick currently chairs CEO Peer Groups® throughout Los Angeles and Orange County, CA through his partnership with Renaissance Executive Forums. He is the host of Critical Mass Radio Show & Podcast here on OC Talk Radio.
He is a nationally recognized thought leader on the power of peer learning for CEOs and business executives. Rick's work has been featured in national media forums such as Forbes & Inc.com
Topics covered in “unintended consequences”:
- Symptoms
- Diagnosis: the disease is not Hiring with a process
- Secure Model for Hiring
- Prescription
What are the symptoms (issues)?
- Company’s hire for Skills
- Winging it
- Asking the wrong questions
- Down hiring
The diagnosis: disease is not having a hiring process. Why?
- Repels great talent (unstructured is unimpressive)
- Unstructured interview (only a 6% chance of making the correct hire)
- Bad hire will infect 30% of the people around that person - drop in performance
Prescription/solution - implementing the SECURE Model
- S stands for slow down the decision-making process.
- E stands for expand your knowledge.
- C stands for clarify the desired outcome.
- U stands for unify the team
- R stands for retain control of the process.
- E stands for ensure you stay outcome focused.
Check out the Blog on the Stride Search, Inc site for the supplementary “show recap” article with detailed takeaways/insights from the interview.