One Bad Senior Hire Can Cost You $500K – An Exceptional One Can Transform the Company. One bad senior or key hire can cost hundreds of thousands in direct and indirect costs (recruiting, onboarding, severance, lost productivity, team disruption, and morale damage that spreads fast). The U. S. Department of Labor estimates the baseline cost … Read more
Show Candidates Your Warts: Realistic Job Previews as a Practical Hiring Tool Ray Dalio, founder of Bridgewater Associates (one of the world’s largest hedge funds) and author of the bestselling book Principles, has long emphasized deliberate, high-stakes decision-making in hiring. In a recent Principle of the Day post, he put it plainly: “Show your job … Read more
In turbulent times, hiring the right people is tougher—and more critical—than ever. While tech giants like Apple or Google attract top talent with ease, most organizations face challenges adapting to rapid technological shifts, economic and policy uncertainty, and evolving workplaces. And this could well be the new normal. To build effective and resilient teams, you … Read more
People who build startups into successful larger companies are disruptors by nature. One doesn’t create new things without the intensity and drive to push through obstacles and overcome resistance to change. It’s especially difficult to successfully navigate the structural challenges of increasing scale. “Founder Mode” was coined by Paul Graham of Y Combinator, referring to … Read more
Careers develop from many decisions made over time. Some are made by default, and some are made by other people. The more of these decisions you can make, the more likely you’ll have a better outcome, as long as they’re based on good information and insights about yourself and about your fit with the careers … Read more
We’ve previously discussed the characteristics of good people and how to select them for your organization. Without the right people, you’ll never have a culture that attracts more of them and encourages growth and success. Although anyone can improve, some things take too long to change enough to make a difference in the business context … Read more
A CEO was known to tell candidates that there were two reasons he’d fire them: if they weren’t good at their jobs, or if they were jerks. That was a realistic job preview, one of the most effective ways to give prospective employees an idea of what life would be like with the company. And … Read more
Personality is not destiny but it has a strong influence on our experiences, reactions, preferences and behavior. Personality traits are long-term and enduring patterns of behavior that affect us consistently over time, and consistently in a wide range of circumstances. Our traits are our factory settings. They’re difficult or impossible to change, but we can … Read more
There is a critical shortage of people in the labor force with the “right” credentials. Many job descriptions list a four-year degree requirement when that’s not at all necessary for success on the job. At the same time, hiring managers can’t be certain that even candidates with elite credentials in fact have the skills and … Read more
Cognitive dissonance is a phenomenon that has been extensively studied by social psychologists. It is widely recognized as a powerful force that influences human behavior and decision-making, often below our level of awareness. It refers to the discomfort we feel when confronted with information or ideas that contradict our own existing attitudes, beliefs, or values. … Read more
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