As unemployment continues to dip throughout the country, organizations are making difficult choices to fill job openings. No matter what the employment climate is like, it can be very tempting to just hire the best candidate that is in front of you. Rushing into making a bad hiring decision, however, can cost an organization in a number of ways. First, there is the financial cost of hiring the wrong fit, which can run into the thousands or even millions of dollars. Second, is the potential negative impact to the organization’s morale and productivity. Trying to correct the mistake of hiring the wrong person can lead the rest of the team to become dissatisfied or disengaged. Any organization can fall victim to selection and interviewing mistakes. Read on to find out some of our proven tricks to circumvent these common blunders:Read More
Countless organizations use competency models to outline the key knowledge, skills, abilities, and aptitudes (KSAAs) they want to see in their individual contributors, managers, and executives. Competency models provide a structured framework for defining and developing those KSAAs that have the biggest impact on an organization’s performance. When used effectively, they become a roadmap to improved organizational effectiveness. When used ineffectively, they can lead to a lot of wasted time, energy, and expense.
Over the years, we have found that there are 7 common traps that organizations fall prey to when developing and implementing a competency model in their organization.Read More